A person enters a Dollar Tree store in Washington, U.S., June 1, 2021. REUTERS/Erin Scott

Dec 3 (Reuters) - Dollar Tree raised its annual profit forecast on Wednesday after beating quarterly earnings estimates, as the discount retailer expects steady demand for its affordable essentials to help counter the impact of tariff-led uncertainty.

The Chesapeake, Virginia-based company's strategy of focusing on expanding its product assortment at varied price points helped draw more customers from different income groups to its stores.

Shares of the company were up about 2% in premarket trading.

The company expects fiscal 2025 adjusted earnings to be in the range of $5.60 to $5.80 per share, compared with the prior forecast of $5.32 to $5.72 per share.

It posted quarterly sales of $4.75 billion and adjusted profit of $1.21 per share, compared with analysts' estimates of $4.70 billion and $1.09 per share, respectively, according to data compiled by LSEG.

(Reporting by Anuja Bharat Mistry and Chandni Shah in Bengaluru; Editing by Anil D'Silva)