TSX:DOL - Post Discussion
Post by
retiredcf on Sep 16, 2023 7:39am
Stars & Dogs
Dollarama (STAR) DOLLARAMA INC
$95.55+7.99 (9.13%)
PAST FIVE DAYS
You don’t need Statistics Canada to tell you the economy is struggling. Just look at all the folks trying to stretch their food budgets at Dollarama. Citing “continued higher than historical demand for consumables,” the retailer posted same-store sales growth of 15.5 per cent as earnings per share leaped 30.3 per cent in the second quarter, prompting Dollarama to roughly double its full-year comparable sales-growth forecast. With the shares hitting new highs on the news, Dollarama investors are dining out to celebrate their good fortune.
Be the first to comment on this post