Dollarama beats quarterly sales estimates as consumers seek cheaper groceries

Dollarama

11/06/2025 12:08

June 11 (Reuters) - Canada's Dollarama DOL.TO beat quarterly sales estimates on Wednesday, as consumers favored discounted alternatives for household supplies and groceries amid domestic economic uncertainty.

The company reported comparable store sales of 4.9%, above estimates of 3.4% in the quarter ended May 4, according to data compiled by LSEG.

Dollarama posted net sales of C$1.52 billion ($1.11 billion)for the first quarter, compared with analysts' estimates of C$1.5 billion.

($1 = 1.3682 Canadian dollars)

 (Reporting by Neil J Kanatt in Bengaluru; Editing by Leroy Leo)

 ((Neil.JKanatt@thomsonreuters.com))