Dollarama Inc (DOL.TO)
30 Jun 2020
Wed, Jun 10 2020
June 10 Canadian discount retailer Dollarama Inc beat estimates for quarterly sales on Wednesday, as consumers bought more groceries and other essentials per visit to its stores amid the coronavirus crisis.
June 10 Canadian discount retailer Dollarama Inc posted a 2.4% decrease in quarterly same-store sales on Wednesday, hit by store closures and a slowdown in traffic due to public-health measures directing Canadians to stay home to contain the spread of the coronavirus.
April 1 Canadian dollar-store operator Dollarama Inc said it had seen a surge in current-quarter sales as consumers stocked up on everyday essentials fearing lockdowns due to the coronavirus pandemic, but suspended its current fiscal-year forecast.
* DOLLARAMA REPORTS FOURTH QUARTER AND FISCAL YEAR 2020 RESULTS
* ANTICIPATES HIRING THOUSANDS OF CANADIANS ACROSS COUNTRY OVER COMING WEEKS AND MONTHS TO SUPPORT ONGOING DEMANDS OF BUSINESS