Dollarama up after annual sales forecast raise

Dollarama

16/09/2026 14:50

** Shares of Canada's discount retailer Dollarama DOL.TO up about 2% at C$168.15
** Co raises annual sales forecast as budget-conscious shoppers continue to opt for its discount everyday products amid higher cost of living
** Expects annual comparable sales in Canada to grow between 4% and 4.5% vs previous forecast of a 3% to 4% rise
** Q2 comparable sales at its Canadian stores rose 5.4% vs 4.9% last year 
** Posts quarterly EPS of C$1.29 vs analysts' estimates of C$1.25 — data compiled by LSEG
** Reports Q2 sales of C$2.03 billion ($1.46 billion), in line with estimate
** As of last close, stock down nearly 19% YTD
($1 = 1.3938 Canadian dollars)

 (Reporting by Sanskriti Shekhar in Bengaluru)
 ((Sanskriti.Shekhar@thomsonreuters.com))