Refile: Dollarama forecasts annual sales largely above expectations on steady demand
(Corrects syntax in the headline)
April 4 (Reuters) - Montreal-based discount store
Dollarama DOL.TO forecast annual sales above estimates on
Thursday, betting on consistent demand for its discounted
groceries and essentials as Canadians weather sticky inflation.
The company expects annual comparable store sales growth of
3.5% to 4.5%, largely above analysts' estimates of 3.73%.
(Reporting by Annett Mary Manoj in Bengaluru; Editing by Shweta
Agarwal)
((AnnettMary.Manoj@thomsonreuters.com))
Recent news on Former BL Stores
See all newsNorthern Texas sees rise in number of bankruptcy cases, surpassing New York and New Jersey
Bankruptcy trends to watch in 2025
Big Lots approved for last-minute sale of 200 to 400 stores (updated)
Advisory: Alert wrongly tagged to Nexus AG withdrawn
Brief: Big Lots At This Stage, Co's Reorganization Plans Do Not Alleviate Substantial Doubt About Co's Ability To Continue As Going Concern - SEC Filing