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)
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
122.8 CAD | -1.07% | -0.78% | +28.60% |
08:01pm | National Bank Previews Dollarama's Q1 -- Lifts Target to $130, Maintains Outperform | MT |
02:37pm | Dollarama Price Target Raised to $126 at TD Ahead of Quarterly Results | MT |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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137.6 USD | -3.16% | +4.04% | 47.66B | ||
122.8 CAD | -1.07% | -0.78% | 25.28B | ||
113 USD | -2.04% | -1.46% | 25.18B | ||
101.4 USD | -0.70% | +3.81% | 116B | ||
65.04 USD | -0.52% | -0.17% | 527B | ||
59.58 USD | -2.62% | -7.25% | 7.46B | ||
3.33 USD | -0.60% | -3.48% | 98.87M | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+28.60% | 25.28B | |
-9.14% | 68.13B | |
+3.29% | 67.19B | |
+4.65% | 31.9B | |
+19.38% | 15.23B | |
+30.71% | 11.74B | |
+7.41% | 8.46B | |
-3.86% | 7.03B | |
+3.99% | 4.8B | |
-6.06% | 3.61B |
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- Dollarama's forecast annual sales largely above expectations on steady demand