Dollarama Raises Annual Sales Forecast
Dollarama raised its annual comparable sales forecast in Canada as budget-conscious shoppers opted for discount products amid a higher cost of living. The retailer reported strong second-quarter traffic and earnings that beat analyst estimates.
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DOLLARAMA INC raised its annual sales growth forecast in Canada on Wednesday following a 5.4% increase in second-quarter comparable store sales. The discount retailer now expects annual comparable sales in Canada to grow between 4% and 4.5%.
