Dollarama raises annual Canadian sales forecast
Dollarama raises annual Canadian sales forecast Sept 16 (Reuters) - 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)
Recent news on Dollarama
See all newsCanada Research Roundup: Banyan Gold, Integra Resources, Orezone Gold Corporation
Street View: Dollarama's growth runway extends beyond Canada
Canada Stocks: TSX hits nearly seven-week low as Fed raises interest rates
Dollarama up after annual sales forecast raise
Dollarama Inc. reports results for the quarter ended April 30 - Earnings Summary