Dollar Tree Inc reported its Q2 2024 results on August 3, 2024, exhibiting a modest 0.7% increase in net sales to $7.4 billion, yet falling short of expectations due to adverse macroeconomic factors impacting customer spending behavior. The company faced particular headwinds with its higher-income shoppers, reflecting a shift in discretionary spending patterns, while the Family Dollar segment aligned closely with previous performance metrics. Despite a promising multi-price rollout with 1,600 converted stores achieving a 4.6% comp lift, the overall performance necessitated an adjustment of FY24 EPS guidance down to a range of $5.20 to $5.60, indicating management's cautious outlook amidst these pressures and a commitment to strategic transformation initiatives.