Dollarama down after forecasting annual sales largely below estimates

Dollarama

24/03/2026 15:51

** Shares of Canadian discount retailer Dollarama DOL.TO down 7.7% at C$172.31

** Co forecasts annual sales largely below estimates, hurt by tight consumer spending amid sticky inflation, rising crude oil prices and higher grocery prices

** Expects annual comparable sales to grow 3% to 4%, compared with analysts' expectations of a 3.90% rise - LSEG data

** Reports Q4 gross margin of 45.5%, down from 46.8% a year earlier

** Posts quarterly net sales of C$2.10 billion ($1.53 billion), beating estimates of C$2.08 billion

** DOL rose 46% in 2025

($1 = 1.3751 Canadian dollars)

(Reporting by Sanskriti Shekhar in Bengaluru )

((Sanskriti.Shekhar@thomsonreuters.com))