financetom
Business
financetom
/
Business
/
Dollarama beats quarterly sales estimates as consumers seek cheaper groceries
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dollarama beats quarterly sales estimates as consumers seek cheaper groceries
Jun 11, 2025 4:25 AM

June 11 (Reuters) - Canada's Dollarama ( DLMAF ) beat

quarterly sales estimates on Wednesday, as consumers favored

discounted alternatives for household supplies and groceries

amid domestic economic uncertainty.

The company reported comparable store sales of 4.9%, above

estimates of 3.4% in the quarter ended May 4, according to data

compiled by LSEG.

Dollarama ( DLMAF ) posted net sales of C$1.52 billion ($1.11

billion)for the first quarter, compared with analysts' estimates

of C$1.5 billion.

($1 = 1.3682 Canadian dollars)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Alibaba Group to Implement New Employee Incentive Program
Alibaba Group to Implement New Employee Incentive Program
Mar 12, 2024
09:49 AM EDT, 03/12/2024 (MT Newswires) -- Alibaba Group Holding ( BABA ) will implement a new employee incentive program that will see staff getting long-term cash on top of stock options beginning April 1, media outlets reported. The new program aims to improve the certainty and liquidity of workers' income, Bloomberg and the South China Morning Post reported, citing...
Parsons Awarded Position on $1B Contract Supporting Washington, DC Metro Projects
Parsons Awarded Position on $1B Contract Supporting Washington, DC Metro Projects
Mar 12, 2024
09:47 AM EDT, 03/12/2024 (MT Newswires) -- Parsons (PSN) said Tuesday that it has been awarded a position on a multiple award task order contract by the Washington Metropolitan Area Transit Authority for multi-disciplinary project and construction management support. The contract, which represents new work for Parsons, includes an approximately $1 billion ceiling value and a base period of five...
Lazard Reports $248 Billion in February Assets Under Management
Lazard Reports $248 Billion in February Assets Under Management
Mar 12, 2024
09:47 AM EDT, 03/12/2024 (MT Newswires) -- Lazard ( LAZ ) said Tuesday it had $248.03 billion of assets under management as of Feb. 29, up from $243.85 billion on Jan. 31. The financial advisory and asset management firm said the month's assets under management included market appreciation of $7 billion, net outflows of $2 billion, and foreign exchange depreciation...
What's Going On With Trump-Linked Phunware Stock Tuesday?
What's Going On With Trump-Linked Phunware Stock Tuesday?
Mar 12, 2024
Phunware Inc ( PHUN ) shares are in the spotlight Tuesday ahead of earnings. Here’s what you need to know. What To Know: Phunware ( PHUN ) is set to report fourth-quarter financial results Tuesday after the market close. The company is expected to report a loss of $2 per share and quarterly revenue of $2.097 million, according to estimates...
Copyright 2023-2026 - www.financetom.com All Rights Reserved