April 4 (Reuters) - Montreal-based discount store Dollarama 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)
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
115.9 CAD | +0.27% | +1.68% | +21.41% |
Apr. 19 | RBC Anticipates Soft Consumer Spending in H1, Favours Dollarama, Loblaw | MT |
Apr. 05 | Dollarama Target Price Raised to $124 on Q4, "Strong Tone on Growth Trajectory" at BMO | MT |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
| ||
---|---|---|---|---|---|
130.3 USD | -2.48% | -2.56% | 44.8B | ||
117.7 USD | -3.34% | -3.27% | 26.54B | ||
115.9 CAD | +0.27% | +1.68% | 23.54B | ||
94.98 USD | -1.43% | +0.88% | 109B | ||
60.06 USD | -0.16% | -0.12% | 485B | ||
51.52 USD | -0.94% | -6.29% | 6.26B | ||
3.53 USD | +1.73% | -3.02% | 102M | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+21.41% | 23.54B | |
+9.44% | 323B | |
+14.04% | 76.06B | |
-7.14% | 67.53B | |
+3.25% | 31.21B | |
+10.91% | 14.15B | |
+13.20% | 10.19B | |
+18.52% | 9.07B | |
-7.71% | 6.59B | |
-25.17% | 2.74B |
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- Dollarama's forecast annual sales largely above expectations on steady demand