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 | ||
128 CAD | +0.17% | +3.42% | +34.05% |
Jun. 04 | Dollarama Price Target Raised to $136 at RBC | MT |
Jun. 03 | BMO Tweaks Dollarama Estimate Ahead of Q1, Says Near-Term Valuation Elevated | 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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143.8 USD | -0.39% | +2.87% | 48.4B | ||
127.9 CAD | +0.10% | +3.34% | 25.88B | ||
115.1 USD | +0.60% | -1.84% | 24.59B | ||
106.8 USD | -0.89% | +3.47% | 122B | ||
66.9 USD | -0.28% | +3.28% | 541B | ||
58.63 USD | -0.24% | -0.88% | 7.17B | ||
2.815 USD | -20.03% | -15.00% | 104M | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+33.95% | 25.88B | |
+2.35% | 68.17B | |
-12.27% | 62.53B | |
-5.17% | 29.56B | |
+16.56% | 14.98B | |
+29.63% | 11.42B | |
+5.56% | 8.24B | |
-10.78% | 6.49B | |
+15.91% | 5.51B | |
-8.56% | 3.39B |
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- Dollarama's forecast annual sales largely above expectations on steady demand