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 First Quarter Net Earnings per Diluted Share of $0.48 26% Improvement Over First Quarter 2007 
CHESAPEAKE, Va. - May 28, 2008 - Dollar Tree, Inc. (NASDAQ: DLTR), the nation's leading operator of single-price point dollar stores, reported net earnings per diluted share of $0.48, for the fiscal first quarter ended May 3, 2008, an increase of 26.3% over the $0.38 earnings per diluted share for the same period, one year ago. Sales for the quarter were $1.051 billion, a 7.8% increase compared to $975.0 million, for the same period, one year ago. Comparable store sales increased 2.1% for the quarter.
"I am pleased with the Company's first quarter performance," said President and CEO Bob Sasser. "Both sales and earnings per share exceeded guidance and were first quarter records for Dollar Tree."
"We are relevant for the times. Customers are responding positively to our consistent value on basic everyday needs, all for just $1." 
For the first quarter, the gross margin rate was 33.9%, a 50 basis point improvement over the 33.4% reported in last year's first quarter.  This rate reflects improvements in merchandise margin and shrink. 
Selling, general and administrative expenses, as a percentage of sales, were 27.3 % in the first quarter of 2008, compared to 27.0% in the same quarter last year.  The increase in rate reflects greater advertising expense as well as higher fees associated with increased penetration of debit cards and Visa credit.
Operating margin in this year's first quarter was 6.6%, a 20 basis point improvement compared to the 6.4% reported for the same period, one year ago. 
The tax rate was 36.0%, compared with 37.2% in the first quarter 2007. The decrease is due to the recognition of certain tax benefits in accordance with FIN 48 which offset a reduction in tax exempt interest income. 
The Company estimates sales for the second quarter of 2008 to be in the range of $1.045 - $1.075 billion, based on low single digit positive comparable store sales. Diluted earnings per share are estimated to be in the range of $0.33 to $0.36. 
Full year sales are now estimated to be in the range of $4.52 to $4.63 billion while diluted earnings per share are expected to be $2.23 to $2.39.
 

Dollar Tree Reports First-Quarter Sales Of $1.051 Billion Comparable-Store Sales Increase Of 2.1%
CHESAPEAKE, Va. - May 8, 2008 - Dollar Tree, Inc. (NASDAQ: DLTR), the nation's largest $1.00 discount variety store chain, reported total sales for its fiscal first quarter of 2008 were $1.051 billion, a 7.8% increase compared to $975.0 million in last year's fiscal first quarter. Comparable-store sales for the quarter increased 2.1%. 
"Sales were strong throughout the quarter and exceeded guidance," President and CEO Bob Sasser said.  "Dollar Tree is relevant for these challenging times. When customers are pressured by rising prices, they know that we have the things they need and want for just $1, everyday." 
 Sales for the quarter were driven by Food, Health and Beauty Care, and Party Supplies.  Both traffic and average ticket increased for the quarter

Dollar Tree Stores, Inc. Reports Fourth Quarter Earnings Per Share Of $1.04 And Fiscal Year Earnings Per Share Of $2.09
CHESAPEAKE, Va. - February 27, 2008 - Dollar Tree Stores, Inc. (NASDAQ: DLTR), the nation's leading operator of single price point dollar stores, reported earnings per share of $1.04, for the fiscal fourth quarter ended February 2, 2008.  Last year, the Company reported earnings of $0.96 per share for the 14-week fiscal fourth quarter ended February 3, 2007. Last year's fourth quarter included 14 weeks, commensurate with the 53-week retail calendar. The extra week contributed approximately $0.07 earnings per share to the fourth quarter last year. 
As previously reported, sales for the quarter were $1.30 billion, a 5.0% increase compared to the $1.24 billion in the comparable 13-weeks of the fourth quarter last year. Total sales for the 14-week fourth quarter last year were $1.32 billion.
"Our business fundamentals are sound," said President and CEO Bob Sasser.  "The outstanding value that we offer continues to make Dollar Tree extremely relevant to the customer in the face of the current economic environment and we have continued to manage costs, increase margins and grow sales and earnings per share." 
For the fourth quarter 2007, gross margin was 35.8%, a 10 basis-point improvement from 35.7% in the fourth quarter last year.  The rate expansion reflects continued improvement in merchandise margin, driven primarily by an increased mix of higher margin general merchandise and improvements in sourcing, which more than offset the loss of leverage in occupancy cost resulting from last year's fourth quarter having 14 weeks of sales.
Selling, general and administrative expenses, as a percentage of sales, were 23.9% in the fourth quarter of 2007. The rate was unchanged from the same quarter last year, reflecting Dollar Tree's continued focus on expense control, process efficiency and lower depreciation compared with last year.
Operating margin in this year's fourth quarter was 11.9%, a 10 basis-point improvement versus 11.8% for the fourth quarter 2006. 
For The year, sales totaled $4.24 billion, a 6.9% increase over the 53-week fiscal 2006, on a comparable store sales increase of 2.7%.  Operating margin was 7.8%, level with the 7.8% reported for the 53-week fiscal 2006.  Diluted earnings per share were $2.09. 
During the fourth quarter, the Company repurchased 3.4 million shares for $94.7 million and reduced its long-term debt by $85 million.
The Company recently enhanced its long-term debt structure, replacing the previous $450 million Revolving Credit Facility with a $300 million Revolving Credit Facility and a $250 million term loan. The new structure provides greater flexibility and a more favorable LIBOR spread than the previous structure. 
The Company estimates sales for the first quarter of 2008 to be in the range of $1.010 - $1.035 billion. This includes the potential unfavorable impact of the early Easter this year. Based on this sales forecast, diluted earnings per share are estimated to be in the range of $0.37 to $0.40. 
For the full year, the Company estimates sales will range from $4.49-$4.62 billion.  The Company expects square footage growth of approximately 9% in 2008.
Fiscal year 2008 diluted earnings per share are forecast to be in the range of $2.17 to $2.35. These estimates are exclusive of any impact from share repurchase activity in 2008

DOLLAR TREE REPORTS THIRD QUARTER COMPARABLE-STORE SALES INCREASE OF 1.9%;  R EAFFIRMS 3Q EARNINGS GUIDANCE
CHESAPEAKE, Va. - November 8, 2007 - Dollar Tree Stores, Inc. (NASDAQ: DLTR), the nation's largest $1.00 discount variety store chain, reported total sales for its fiscal third quarter of 2007 were $997.8 million, a 9.6% increase compared to $910.4 million in last year's fiscal third quarter.  Comparable-store sales for the quarter increased 1.9%. 
"Sales gains were driven by increases in store traffic and average ticket," President and CEO Bob Sasser said. "Our seasonal sales were strong as both the Halloween and Back-to-School selling seasons were solid.
"Looking forward to the fourth quarter, our inventory is in excellent shape, our stores have quickly transitioned into Christmas with a great line-up of seasonal product and every-day values, and we now have the added convenience of Visa credit acceptance at all of our stores, just in time for peak holiday sales."
The Company expects diluted earnings per share for the third quarter to be within the previous guidance range of $0.35 to $0.38.
The Company recently announced the roll-out of Visa credit card acceptance to all of its stores effective October 31, 2007.