Dollarama reports rise in quarterly sales on steady demand-February 2024-www.financetom.com

Dollarama reports rise in quarterly sales on steady demand

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Dollarama reports rise in quarterly sales on steady demand

Sep 11, 2024 4:48 AM

Sept 11 (Reuters) - Dollarama ( DLMAF ) reported a rise

in second-quarter sales on Wednesday, as inflation-weary

customers rallied at its discount stores to shop for low-priced

essentials such as groceries.

The company's net sales rose 7.4% to C$1.56 billion ($1.15

billion) compared to a year ago. Analysts estimated net sales of

C$1.57 billion, according to LSEG data.

($1 = 1.3577 Canadian dollars)

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