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DOL Dollarama News Story

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Dollarama rises on upbeat quarterly results

BUZZ-Dollarama rises on upbeat quarterly results 

** Shares of Canada's Dollarama DOL.TO up 8% at C$194.26

** Co beat quarterly sales and profit estimates as cost-conscious shoppers turned to the discount retailer for low-priced essentials

** Logs Q1 net sales of C$1.85 billion ($1.32 billion) compared with analysts' average estimate of C$1.82 billion - data compiled by LSEG

** Q1 adjusted EPS of C$1.05 compared to the expectation of 99 Canadian cents per share

** As of last close, stock down 12.5% YTD


(Reporting by Koyena Das from Bengaluru)

((Koyena.das@thomsonreuters.com))

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