Dollar Tree (Nasdaq: DLTR) reported earnings on Aug. 16. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended July 28 (Q2), Dollar Tree met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share improved significantly.

Gross margins were steady, operating margins increased, net margins grew.

Revenue details
 Dollar Tree booked revenue of $1.70 billion. The 23 analysts polled by S&P Capital IQ predicted a top line of $1.71 billion on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $1.54 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.51. The 22 earnings estimates compiled by S&P Capital IQ forecast $0.47 per share. GAAP EPS of $0.51 for Q2 were 31% higher than the prior-year quarter's $0.39 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 35.2%, about the same as the prior-year quarter. Operating margin was 10.8%, 80 basis points better than the prior-year quarter. Net margin was 7.0%, 80 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.77 billion. On the bottom line, the average EPS estimate is $0.52.

Next year's average estimate for revenue is $7.47 billion. The average EPS estimate is $2.48.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 453 members out of 497 rating the stock outperform, and 44 members rating it underperform. Among 131 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 121 give Dollar Tree a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dollar Tree is outperform, with an average price target of $52.74.

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