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DOL Dollarama News Story

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Dollarama up after raising annual sales forecast on demand for cheaper items

** Shares of Canadian discount retailer Dollarama  DOL.TO up 1% at C$203.11

 ** Co raises annual sales forecast as price-sensitive shoppers turned to its stores for affordable consumables and seasonal merchandise

** Sees Canadian segments comparable sales to grow in the range of 4.2% to 4.7%, compared with previous expectations of a 3% to 4% rise

** Co also beats estimates for Q3 sales and profit, per data compiled by LSEG

** As of last close, stock up ~43% YTD

 (Reporting by Koyena Das in Bengaluru)

 ((Koyena.das@thomsonreuters.com))

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