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What will Dollarama's net sales be for Fiscal 2025?
3
Resolution / Starting Odds
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Dollarama's Fiscal 2025 earnings report
Story
Dollarama Reports 7.4% Rise in Q2 Fiscal 2025 Sales Driven by Steady Demand
Sep 11, 2024, 11:19 AM
Dollarama reported a rise in second-quarter sales, driven by steady demand as inflation-weary customers turned to its discount stores for low-priced essentials such as groceries. The company's net sales rose 7.4%, with a 4.7% increase in comparable store sales. Dollarama also saw a 14.7% growth in EBITDA to $524.3 million and an 18.6% rise in diluted EPS to $1.02. The strong performance allowed Dollarama to beat quarterly profit expectations, aided by lower costs and stable demand. The results are for the second quarter of fiscal 2025.
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