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DOL Dollarama News Story

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Dollarama beats quarterly sales estimates on robust demand

Aug 27 (Reuters) - Dollarama DOL.TO beat quarterly sales estimates on Wednesday, as inflation-weary shoppers looking for affordable household supplies and groceries drove demand at the Canadian discount retailer.

The company posted net sales of C$1.72 billion ($1.24 billion) for the second quarter, compared with analysts' average estimate of C$1.71 billion, according to data compiled by LSEG.

($1 = 1.3817 Canadian dollars)

 (Reporting by Anshi Sancheti in Bengaluru; Editing by Shilpi Majumdar)

 ((Anshi.Sancheti@thomson.reuters.com))

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