Dollarama shares drop as annual sales forecast misses estimates

Dollarama shares drop as annual sales forecast misses estimates Proactive uses images sourced from Shutterstock Dollarama Inc (TSX:DOL) saw its shares fall more than 7% on Tuesday after the company forecast annual sales largely below expectations, signaling softer demand as consumers become more selective amid persistent inflation and a weakening labor market. The Canadian discount retailer expects comparable store sales growth of 3% to 4% in fiscal 2027, below analysts’ consensus of 3.9%. The guidance ...