CHESAPEAKE, Va. — Dollar Tree Inc. reported a 22.9% increase in net income to $488.3 million for fiscal 2011.
Dollar Tree Inc. reported a 22.9% increase in net income to $488.3 million for fiscal 2011.
Consolidated net sales for the 12 months ended January 28 rose 12.7% to $6.63 billion, as comparable-store sales grew 6%, following a 6.3% rise in fiscal 2010.
Dollar Tree finished the fiscal year with 4,351 stores in 48 states and five Canadian provinces.
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