Thanks, I have June. of welcome like to you you this call I presented we morning. sure understanding key Bob. XXXX. that growth $XX in place by am many investor chance with to the to the hope the and of event we that valuable I'd conference our a left you all that attend joined that or our better more information of have was strategies a you in had to deliver EPS
to am our I that identified unlock the of confident the levers true team business. value has right the
merchandising, pace chain infrastructure. progress continue act in improvement good our operations, making of accelerate are and store and to supply the We urgency IT with to
Our renewed initiatives merchandising estate efforts represent standards the to reviewed Dollar our a Family detailed real Tree, Dollar merchandising our enterprise. unlock value. improve journey at outlined at across and our major plans to opportunity We store multi-price and
efficiency launched sales levels. also efforts in-stock We operating have increase productivity simplifying to the and process like truck unloading drive improving and
You times direction, that all me fundamentals the retail per many square sales When units, in everything move these say growing about transactions heard growing growing right follows. and else foot. retail is
in the heading direction to I right are am us. that report pleased for X all
For the market consumables, unit posted both been past has in positive X segments growth quarters, while negative. the
is at Second finally, sales and Dollar Dollar and Family And consecutive square Dollar Tree. up up Tree. and Dollar X% at Tree. traffic Dollar at Family Family over for The of XX% at at X% second quarter nearly quarter was fourth the growth per X% foot Dollar
in efforts paying and momentum to retail stores When follow. in setting the the ongoing our dividends are else investments and it labor to stage for and comes fundamentals, these key our everything merchandising
year. more Jeff on detailed provide update our our for the balance quarter second a A Now will later, highlights. you the let outlook results of me review some of of review our little and
an delivered segment, led X.X% ticket. In the with Dollar with For X.X% we comp EPS top momentum of Dollar X.X% to quarter, income, enterprise sales quarter's strong X.X% this our million growth of increase last our consolidated to comp $XXX.X operating $X.X comp X.X% Tree Tree's which was and average billion, in a $X.XX. comp on on offset a from driven coming in remained with more of by traffic, a year. basis, modest
Dollar good its to Meanwhile, make Family in the continues segment progress operational turnaround.
supported price of ticket by and comp balanced nicely merchandising strong position growth and efforts. trends average X.X% our quarter traffic was X.X% second comp with more improved between the X.X% The being
While customers sales the new gains continues the in with market I challenging pleased pressure to our environment am share. and macro traffic, in mix both segments,
value. behaviors Regarding prepandemic the continuing a see across balance spending consumer current this We destinations elevated are believe of after we of consumables compelling for to macroeconomic come categories. Dollar the reflective Tree shift is discretionary in and in as believe to winning years the rotation purchasing industry-wide as Family more to we Dollar consumables, customers environment and
to our are In flexibility customer needs. consumers our from respond of value. improved wide increasingly At environment, image clearly are seeking this income provides Dollar, with changing strategy resonating Family Dollar all consumers. multi-price to initiatives price range Tree, and At merchandising levels
consumables when well incremental to their spending consumables. value-oriented are to lower needs-based capture This true income across income positioned respond share and are taking particularly our strong other value of and retailers higher price dollar We where proposition on unit customers food when wallet consumers is and concentrate share.
categories retail food disproportionately sales value across result, landscape. are the a As driving momentum
no exception. and Dollar Family Tree Dollar are
is evidence current private categories. vehicle for business seeking seeing expanding private value is improving will and a be are also the growth through significant forward. well store going environment, frozen are consumers growth in food high brands, and Our extremely our we volume positioned assortment that food our center us growing across brand especially There and
This in we private To quarter. accelerate the at Dollar which over year, shelves store this items, end, the our track. wellness private further we brand family expansion vitamin launched and products fourth Family hit XXX new remains brand will on when program
penetration results across seeing are brands second growing We units by basis XX by XX%. points, quarter comps increasing sold brand and with private already encouraging X% private expanding our over
traffic of market driving are a customers of New part and lifeblood the critical share. and retail
the past million a with having X In both X.X income customers customers new we million have segments over across added household of $XXX,XXX. nearly these year,
our Importantly, come of these us new percentage that average high very visiting research following Xx trip. initial customers a year their an back tells the of in
In fact, customer gains. market by we measured top strong now rank XX new traffic to and activations. retailers These are share new in positive leading the customer trends annual
second while market consumable basis both shrink. to at the quarter share Family second points According and segments in Tree segments gained X,XXX XXX unit our both outpaced outperformance data, growth margin our market's basis quarter in points unit the row, consumables the by volume grew For their market volume a as Dollar from volume at quarter. extending over of last unit Dollar, with Nielsen
$X few stores you frozen was X,XXX Shifting to Dollar we the from the was In the locations end on across initiatives several available in to June. Plus $X from X,XXX refrigerated At increased a X,XXX year-end, our that over have merchandising, update up our we stores articulated recent take key our our performance, X,XXX to minutes in I'd $X, target by like assortment and of Tree sales stores. company. in assortment second Tree nearly and available Dollar and Plus quarter,
the store the we sales and year. to planogram all At track from we remain Family so of of Dollar, estate, with November, the back these pleased we new stores far. coming our resets X/X by complete are lift at are year our to on of on pace In to XXX roughly hit with half target in real this XXX those openings of resets
our progress at Dollar. make to We also Family emerging continue with formats
completed our XXX. opened HX.X rural of combo format. Dollar the We locations or X.X under bringing We XX total converted Family stores XXX renovations number to
products. control, on network. performance. complete It by at temperature to full By across upgrade the controls and additional for with and recently the of of are reducing supply improved and brings Dollar out Family investing DCs we track our operating also environment team the chain, XXXX. are flexibility in at we Mike us We to to by efficiency our total. the Overall, year-end, to which additional rolled temperature by X store center expanded X expenses in distribution DCs drives improves end control drives work to X,XXX his range OTC associates least Adding In DCs, our balance Kindy cross-stocking full year-end. expect renovations temperature X HBA increasing
its are our on days, cart underway, our While to is still on this roto good cart Matthews, in North D.C. of end on early currently we deliveries roto Carolina we to for testing by progress continue make enabled the year. and track Beta be rollout. and cart roto
new our particularly progressing development infrastructure, on Moving warehouse upgrades store systems IT. rollouts and begin management inventory also good transportation next with our on early systems. to through progress anticipated management Meanwhile, year. needed We're our new to and their stages are making to
our improvements segments and benefits standards the results. focus quarter second across vacancy we level to in wages, levels elevated investments yield and clear making store both continued store turnover the people, on we double-digit intangible With as are during in saw employee the begin
As we early time staffing that or don't on a due conference, I number close to open mentioned had at shortages. our investor significant stores of
In X.X early this could Dollar. openings I'm it when summary, all happy our factors Dollar measurable to comes points quarter continue the If execute saw level. that overall area eliminated at we we the we during and a to improvement can in Family that comp. Tree at report a to control, it and second high both to add X we closings,
merchandising shows, As initiatives. performance are our our responding recent sales clearly to consumers
are At improve conditions the his across to team upgrade operational consistency Creedon Mike urgency fleet. store store our same acting with time, and our and
to profitability. our generate our the constituents foundation XXX,XXX than are greater on delivering performance, as making organization, associates. and efficiencies we need key are including operating line our better and a all results built for an accelerate more We make improve top to focused cultural we We've strong investments
our of sessions of leaders than associates represent amazing. those we've X spent XXX,XXX with speaking here just the our more last of meeting coming team field A more associates, in weeks at leadership was energy the our than X,XXX Virginia. who and headquarters And out
period to are the grateful customer turnaround we've a a progress great our short and so people I over the time. of made efforts for experience, Our key such am in
call now the our the Jeff the to results year. of financial will turn outlook to and for I balance review over
