Sports

Dollarama beats quarterly estimates on resilient demand for essentials during holiday season

Consumers shopping on a budget have increasingly switched to lower-priced alternatives across categories ranging from pantry staples to cleaning supplies, boosting demand at dollar stores such as Dollarama. Dollarama posted net sales of C$1.88 billion ($1.33 billion) for the quarter, compared with analysts' estimate of C$1.87 billion according to data compiled by LSEG. U.S. retailers such as Walmart, Target and Dollar General provided dour forecasts as they face the brunt of President Donald Trump's import tariffs.

Consumers shopping on a budget have increasingly switched to lower-priced alternatives across categories ranging from pantry staples to cleaning supplies, boosting demand at dollar stores such as Dollarama. Dollarama posted net sales of C$1.88 billion ($1.

33 billion) for the quarter, compared with analysts' estimate of C$1.87 billion according to data compiled by LSEG. U.

S. retailers such as Walmart, Target and Dollar General provided dour forecasts as they face the brunt of President Donald Trump's import tariffs..