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Dollarama raises annual Canadian sales forecast

Dollarama raises annual Canadian sales forecast

- Dollarama DOL.TO raised its annual comparable sales growth forecast on Wednesday, as shoppers facing mounting inflationary pressures increasingly turn to its low-cost everyday products such as grocery and household items.

The discount retailer expects annual comparable sales in Canada to grow between 4% and 4.5%, compared with its previous forecast of a 3% to 4% rise.


(Reporting by Shania S Thomas in Bengaluru; Editing by Shilpi Majumdar)

((shanias.thomas@thomsonreuters.com))

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