Dollar Tree operated 3,517 stores in 48 states as of August 2, 2008, compared to 3,334 stores in 48 states a year ago. During the fiscal second quarter of 2008, the Company opened 50 stores, closed 7 stores, and expanded or relocated 19 stores. The Company's retail selling square footage totaled approximately 29.5 million at August 2, 2008, a 7.3% increase compared to a year ago.

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Dollar Tree, Inc. Reports Record Third Quarter Results 
Diluted Earnings Per Share Increased 61.7%, To $0.76
Operating Margin Increased 240 Basis Points, To 8.6% 
Raises Guidance for Fourth Quarter 2009 
CHESAPEAKE, Va. - November 24, 2009 - Dollar Tree, Inc. (NASDAQ: DLTR), the nation's leading operator of discount variety stores selling everything for $1 or less, reported earnings per diluted share of $0.76, for the quarter ended October 31, 2009 ("third quarter"), an increase of 61.7% compared to the $0.47 earnings per diluted share reported for the quarter ended November 1, 2008. Consolidated net sales for the third quarter were $1.25 billion, a 12.1% increase compared to $1.11 billion reported for the quarter ended November 1, 2008. Comparable store sales increased 6.5% for the quarter.
"I am pleased with our third quarter performance," said President and CEO Bob Sasser. "Sales and earnings were above plan, operating margin improved significantly, we leveraged our S.G. & A. expenses and we continued to expand our nation-wide store base. The sell-through on Halloween and fall seasonal products was excellent and our stores are now set with an exciting presentation of extreme-value merchandise for Thanksgiving and the Holiday season."
Operating margin increased 240 basis points for the quarter to 8.6%. The improvement was driven by a 130 basis point increase in gross margin and a 110 basis point reduction in Selling, General and Administrative expenses.
During the third quarter 2009, the Company repurchased 1.4 million shares of its common stock for $69.3 million. Year-to-date, the company has repurchased 3.5 million shares for $154.6 million. At the end of the third quarter, $299.1 million remain under the $500 million share repurchase program authorized by the Board of Directors.
The Company continues to grow. During the third quarter, Dollar Tree opened 94 stores, closed 8 stores, and expanded or relocated 33 stores. For the year to-date, the Company has opened 233 new stores, closed 21 stores and expanded or relocated 74 stores. Retail selling square footage at the end of the third quarter was 32.3 million square feet, a 7.2% increase compared to a year ago.
The Company estimates sales for the fourth quarter of 2009 to be in the range of $1.49 - $1.53 billion, based on low-to-mid single digit positive comparable store sales. Diluted earnings per share are estimated to be in the range of $1.30 to $1.39. 
Full year sales are now estimated to be in the range of $5.17 - $5.21 billion and diluted earnings per share are expected to be $3.34 - $3.43.
On Tuesday, November 24, 2009, the Company will host a conference call to discuss its earnings results at 9:00 a.m. EST. The telephone number for the call is 888-812-8534. A recorded version of the call will be available until midnight Tuesday, December 2, and may be accessed by dialing 888-203-1112, and the access code is 7588042. International callers may dial 719-457-0820 and the access code is 7588042. 
A webcast of the call will be accessible via Dollar Tree's website, www.dollartreeinfo.com/investors/news/events.
Dollar Tree, a Fortune 500 Company operated 3,803 stores in 48 states as of October 31, 2009, with total retail selling square footage of 32.3 million. To learn more about the Company, visit www.DollarTree.com. 
A WARNING ABOUT FORWARD LOOKING STATEMENTS: This press release contains "forward-looking statements" as that term is used in the Private Securities Litigation Reform Act of 1995. Forward looking statements address future events, developments or results and typically use words such as believe, anticipate, expect, intend, plan, forecast, or estimate. For example, our forward-looking statements include statements regarding fourth-quarter and full year sales and fourth-quarter and full year diluted earnings per share. For a discussion of the risks, uncertainties and assumptions that could affect our future events, developments or results, you should carefully review the "Risk Factors," "Business," and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections in our Annual Report on Form 10-K filed March 26, 2009 and our Quarterly Report on Form 10-Q filed August 26, 2009. In light of these risks and uncertainties, the future events, developments or results described by our forward looking statements in this document could turn out to be materially and adversely different from those we discuss or imply. We are not obligated to release publicly any revisions to any forward looking statements contained in this press release to reflect events or circumstances occurring after the date of this report and you should not expect us to do so.
 

Dollar Tree, Inc. Reports Record Second Quarter Earnings
Diluted Earnings Per Share Increased 50.0% to $0.63
Operating Margin increased 170 Basis Points, to 7.3%
Gross Margin increased 130 Basis Points to 34.5%
Raises Guidance for 2009 
CHESAPEAKE, Va. - August 26, 2009 - Dollar Tree, Inc. (NASDAQ: DLTR), the nation's leading operator of discount variety stores selling everything for $1 or less, reported earnings per diluted share of $0.63, for the quarter ended August 1, 2009 ("second quarter"), an increase of 50.0% compared to the $0.42 earnings per diluted share reported for the quarter ended August 2, 2008. Consolidated net sales for the second quarter were $1.22 billion, an 11.9% increase compared to $1.09 billion reported for the quarter ended August 2, 2008. Comparable store sales increased 6.8% for the quarter.
"Our sales continue to grow across a wide range of merchandise categories," said President and CEO Bob Sasser. "Now more than ever, customers are relying on Dollar Tree for high value basic products including Health and Beauty Care, Household Supplies and Food, in addition to discretionary items including party goods, floral, toys, books and variety merchandise for all seasons." 
"This compelling mix of discretionary and basic merchandise is key to our strategy. Regardless of the economic environment, Dollar Tree remains focused on providing extreme value to our customers and consistent, superior returns to our shareholders."
Operating margin increased 170 basis points for the quarter to 7.3%. The improvement was driven by a 130 basis point increase in gross margin and a 40 basis point reduction in S.G. & A. expenses.
Cash at quarter-end totaled approximately $358 million, compared with $115 million at the end of the fiscal second quarter 2008. During the second quarter 2009, the Company repurchased 1.0 million shares of its common stock, for $42.5 million. 
The Company continues to grow. During the second quarter, Dollar Tree opened 60 stores, closed 10 stores, and expanded or relocated 16 stores. Retail selling square footage at the end of the second quarter was 31.4 million square feet, a 6.4% increase compared to a year ago. 
The Company estimates sales for the third quarter of 2009 to be in the range of $1.19 - $1.23 billion, based on low-to-mid single digit positive comparable store sales. Diluted earnings per share are estimated to be in the range of $0.58 to $0.64. 
Full year sales are now estimated to be in the range of $5.09 to $5.19 billion and diluted earnings per share are expected to be $3.10 to $3.25. 
On Wednesday, August 26, 2009, the Company will host a conference call to discuss its earnings results at 9:00 a.m. EDT. The telephone number for the call is 888-211-9933. A recorded version of the call will be available until midnight Wednesday, September 2, and may be accessed by dialing 888-203-1112, and the access code is 2249244. International callers may dial 719-457-0820 and the access code is 2249244. A webcast of the call is accessible through Dollar Tree's website, www.dollartreeinfo.com/investors/news/events, and will remain on-line until midnight Wednesday, September 2. 

Dollar Tree Reports Fourth Quarter 2008 Sales of $1.39 Billion, Record Annual Sales of $4.64 Billion for Fiscal 2008
CHESAPEAKE, Va. - February 5, 2009 - Dollar Tree, Inc. (NASDAQ: DLTR), the nation's largest discount variety store chain selling everything for $1 or less,  reported total sales of $1.39 billion for its fiscal fourth quarter of 2008, a 6.8% increase compared to $1.30 billion in last year's fiscal fourth quarter. Comparable-store sales for the quarter increased 2.2%.
"Dollar Tree continues to be right for the times," said Bob Sasser, President and CEO. "The expanded assortment of high-value basic consumable merchandise makes our stores more relevant and continues to drive sales. Comparable-store sales grew despite challenges throughout the quarter, including the calendar shift in November, and a succession of winter storms across the country from mid-December through January.  Holiday sales were very strong despite the weather impact, as customers took advantage of our great values on Christmas seasonal merchandise and basic consumable products." 
For the full year 2008, sales were a record $4.64 billion, a 9.5% increase compared to the $4.24 billion reported last year. Comparable-store sales increased 4.1% for the full year 2008.
The Company expects that earnings per share for the quarter and year will be above the middle of its previous guidance range of $1.07 to $1.15 and $2.45 to $2.53, respectively. 
The Company will release its fourth quarter earnings results on Wednesday, February 25, 2009. The Company will also host a conference call at 9:00 a.m. EST that day, to discuss the results in detail, and provide insights into its plans for 2009. The telephone number for the call is 888-791-4305.  A recorded version of the call will be available until midnight Wednesday, March 4, and may be accessed by dialing 888-203-1112, and the pass code is 5293344.  International callers may dial 719-457-0820 and the pass code is 5293344.  A webcast of the call will be accessible through Dollar Tree's website, www.DollarTree.com/medialist.cfm. 
Dollar Tree continues to grow. The Company operated 3,591 stores in 48 states as of January 31, 2009, compared to 3,411 stores one year ago.  During the fourth quarter of 2008, the Company opened 30 stores, closed 11 stores, and expanded or relocated 7 stores.  For the year, the Company opened 231 stores, closed 51 stores and expanded or relocated 86 stores.  The Company's retail selling square footage totaled approximately 30.3 million at January 31, 2009, a 6.7% increase compared to a year ago. The Company also operates a coast-to-coast logistics network of nine distribution centers.  To learn more about the Company, visit www.Dollartree.com.