Dollar Tree Inc (DLTR)

Gross profit margin

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Gross profit	US$ in thousands	9,309,600	8,921,900	7,725,900	7,787,400	7,040,700
Revenue	US$ in thousands	30,603,800	28,331,700	26,321,200	25,509,300	23,610,800
Gross profit margin		30.42%	31.49%	29.35%	30.53%	29.82%

February 3, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $9,309,600K ÷ $30,603,800K
= 30.42%

The gross profit margin for Dollar Tree Inc has exhibited some variability over the past five years, ranging from 29.35% to 31.49%. In the most recent fiscal year ending on February 3, 2024, the gross profit margin stood at 30.42%. This indicates that for every dollar of revenue generated, the company retained approximately 30.42 cents after accounting for the cost of goods sold. The slight decrease compared to the previous year suggests potential challenges in managing the cost of goods sold relative to sales revenue. Further analysis of the underlying factors affecting the cost of goods sold may be warranted to identify areas for improvement and efficiency in the company's operations.