Dollar Tree 2008 Annual Report Download - page 3

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Financial Highlights
DOLLAR TREE, INC. • 2008 ANNUAL REPORT
1
2008 2007 2006(a) 2005 2004
(in millions, except store and per share data)
Net Sales $ 4 ,644.9 $ 4,242.6 $ 3,969.4 $ 3,393.9 $ 3,126.0
Gross Profit 1,592.2 1,461.1 1,357.2 1,172.4 1,112.5
Operating Income 365.8 330.3 310.8 283.9 293.5
Net Income 229.5 201.3 192.0 173.9 180.3
Diluted Net Income Per Share 2.53 2.09 1.85 1.60 1.58
Working Capital $ 663.3 $ 382.9 $ 575.7 $ 648.2 $ 675.5
Total Assets 2,035.7 1,787.7 1,882.2 1,798.4 1,792.7
Total Debt 268.2 269.4 269.5 269.9 281.7
Shareholders’ Equity 1,253.2 988.4 1,167.7 1,172.3 1,164.2
Number of Stores Open 3,591 3,411 3,219 2,914 2,735
Total Selling Square Footage 30.3 28.4 26.3 23.0 20.4
Comparable Store Net Sales Increase/(Decrease)(b) 4.1% 2.7% 4.6% (0.8%) 0.5%
Average Net Sales Per Store(b) $ 1.3 $ 1.3 $ 1.3 $ 1.2 $ 1.2
(a) Fiscal 2006 includes 53 weeks, commensurate with the retail calendar, while all other fiscal years reported in the table contain 52 weeks.
(b) Comparable store net sales compare net sales for stores open throughout each of the two periods being compared. Net sales per
store are calculated for stores open throughout the entire period presented.