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Dollar & Discount

Dollar Tree

Parent: Dollar Tree, Inc. · Public

Nasdaq: DLTR$137.23+4.6%close Nov. 9, 2026
Credit ratingBBB Investment grade
S&P BBBMoody’s Baa2
AAAAAABBBBBBCCCD
Investment gradeHigh yield

S&P Global, as of Affirmed Jan. 23, 2026. Source: Cbonds issuer ratings

Founded1986Source: Wikidata
Employees145,000as of 2015; source: Wikidata
Locations9,436Aug. 1, 2026; source: Dollar Tree second-quarter 2026 results
HeadquartersChesapeake, VirginiaDollar & Discount

New Initiatives

How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.

  • Opening a 1.25 million square foot distribution center near Phoenix in 2026 and building a distribution center in Marietta, Oklahoma, expected to be fully operational by 2027.

    Source: Dollar Tree, Inc. Form 10-K (filed Mar. 16, 2026)
  • Dollar Tree plans about 400 openings and 75 closures in fiscal 2026, roughly 325 net new stores, as it expands multi-price assortments.

    Source: Retail TouchPoints

Dollar Tree operates fixed-price-point and multi-price discount variety stores across the United States and Canada. The company sold its Family Dollar banner to a private investor group in July 2025 and now operates Dollar Tree as its single store brand.

Store count

9,436 as of Aug. 1, 2026
  1. 13,8512016
  2. 14,3342017
  3. 14,8352018
  4. 15,2372019
  5. 15,2882020
  6. 15,6852021
  7. 16,0002022
  8. 16,3002023
  9. 16,7002024
  10. 9,436Latest

Dollar Tree, Inc. enterprise total, including Family Dollar through fiscal 2024 (parent-wide). Counts as reported at each period end. Sources: DLTR Form 10-K, fiscal year ended 2022-01-29; DLTR Form 10-K, fiscal year ended 2023-01-28; DLTR Form 10-K, fiscal year ended 2024-02-03; Dollar Tree second-quarter 2026 results and 6 earlier sources.

SEC Filings

Annual reports filed by Dollar Tree, Inc.. All filings on EDGAR

PeriodFormFiledDocument
Fiscal year ended Jan. 31, 202610-KMar. 16, 2026View on sec.gov
Fiscal year ended Feb. 1, 202510-KMar. 26, 2025View on sec.gov
Fiscal year ended Feb. 3, 202410-KMar. 20, 2024View on sec.gov
Fiscal year ended Jan. 28, 202310-KMar. 10, 2023View on sec.gov
Latest quarter, period ended Aug. 1, 202610-QAug. 27, 2026View on sec.gov

Credit ratings

AgencyRatingOutlookAs ofSource
S&P GlobalBBBAffirmed Jan. 23, 2026Cbonds issuer ratings
Moody’sBaa2StablePeriodic review April 22, 2026Hanley Investment Group, net lease tenant credit ratings, Q3 2026

Bond market context

Issuer bond yieldUnavailable. No free, licensed source for individual bond yields.
BBB index effective yield5.95% (Nov. 6, 2026; ICE BofA BBB US Corporate Index)
BBB index spread (OAS)116 bps over Treasuries; 104 bps a year earlier (FRED)
10-year Treasury4.88% (Nov. 9, 2026)

The index row shows the yield on BBB-rated U.S. corporate bonds as a group, the closest free benchmark for this rating category. It is not the yield on this company’s own bonds.

Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.

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