Dollar Tree's operating profit of $1.66 billion in 2024 was driven by a combination of factors:
- Revenue Growth: The company's operating revenue reached $16.77 billion, indicating a strong sales performance. This growth is a key driver of operating profit, as it reflects increased sales and market demand for Dollar Tree's products1.
- Expense Management: Dollar Tree managed its operating expenses effectively, which contributed to the improvement in operating profit. The company's ability to control costs while growing revenues is a positive sign for profitability1.
In summary, Dollar Tree's operating profit changes in 2024 were primarily driven by revenue growth and effective expense management.
DLTR Operating Income, Total Revenue