Dollar Tree 2014 Annual Report Download - page 7
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In Closing
Dollar Tree has a long record of consistent, protable
growth. This performance has been the result of the
collaborative eorts of tens of thousands of Dollar Tree
associates working together to deliver value to every
customer at every store every day.
As I look to the future, I see even more exciting
opportunity. Our Company is strong. We are positioned
to continue growing protably for many years ahead. The
Dollar Tree brand is a benchmark of value for our customers’
basic variety store needs and wants. We are constantly
searching for more and better ways to serve an expanding
base of customers and to create jobs in the markets we
serve and development opportunities for our associates
while also continuing to deliver value to our shareholders.
We are eager to complete our acquisition and
welcome Family Dollar associates to the Dollar Tree team.
Together we will be a stronger, more diversied business
providing more values to more customers and will have
many, many years of protable growth ahead of us.
We remain committed to a concept that customers
love. We have a vision of where we want to go and the
infrastructure, capital and, most importantly, a talented
management team with a long history of retail success to
lead us there.
As you have heard me say many times, the best is yet
to come!
Corporate Governance and Shareholder Value
Dollar Tree has a long-standing commitment to corporate
governance and to delivering value for our long-term
shareholders.
Our Board of Directors is active, engaged, and
committed to responsible corporate governance. The
majority of the Board is comprised of independent
directors; we have a lead independent director and all of
the standing committees of the Board consist entirely of
independent directors. The Board regularly reviews the
Company’s governance practices and has made several
changes in recent years. We continue to maintain an open
dialogue with shareholders on governance-related matters,
and we seek to enhance our understanding of the evolving
corporate governance best practices within our industry.
Above all, we believe in strict adherence to our
core values of honesty, integrity and transparency in all
aspects of our business. These values are reected in the
strength of our nancial controls and in our relationships
with customers, vendor partners, associates and our
shareholders.
For 2014, as expected, we again earned a “clean bill of
health” with no material control weaknesses noted in our
assessment, supporting that our accounting and reporting
processes are in compliance with the requirements of
Sarbanes-Oxley legislation.
Dollar Tree has consistently generated signicant cash
ow and has been a prudent manager of capital for the
benet of long-term shareholders. The best use of capital,
in our view, is to support continued growth of the business
at a sustainable pace. Bob Sasser
Chief Executive Ocer
AS I LOOK TO THE FUTURE, I SEE EVEN MORE
EXCITING OPPORTUNITY. OUR COMPANY IS STRONG.
WE ARE POSITIONED TO CONTINUE GROWING
PROFITABLY FOR MANY YEARS AHEAD.
Dollar Tree Annual Report 2014 5