Dollarama posts higher quarterly sales on steady grocery demand

Dollarama

12/06/2024 12:05

June 12 (Reuters) - Dollarama  DOL.TO  reported an 8.6%
rise in first-quarter sales on Wednesday, as more Canadians
shopped at its stores for groceries and essentials.
    The Montreal-based discount store's sales rose to C$1.41
billion ($1.03 billion) in the quarter ended April 28, compared
with $1.29 billion a year ago. Analysts on average expected
C$1.41 billion, according to LSEG data.
  
($1 = 1.3747 Canadian dollars)

 (Reporting by Granth Vanaik in Bengaluru; Editing by Mohammed
Safi Shamsi)
 ((Granth.Vanaik@thomsonreuters.com | On X : https://twitter.com/Vanaik_Granth;))