Dollarama reports rise in quarterly sales on steady demand

Dollarama

11/09/2024 12:08

Sept 11 (Reuters) - Dollarama  DOL.TO  reported a rise
in second-quarter sales on Wednesday, as inflation-weary
customers rallied at its discount stores to shop for low-priced
essentials such as groceries.
    The company's net sales rose 7.4% to C$1.56 billion ($1.15
billion) compared to a year ago. Analysts estimated net sales of
C$1.57 billion, according to LSEG data.


($1 = 1.3577 Canadian dollars)

 (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by
Janane Venkatraman)
 ((AnujaBharat.Mistry@thomsonreuters.com;))