Dollarama Stock Hits Record High as Canadians Flock to Discount Shopping Amid Cost-of-Living Pressure
Dollarama reported third-quarter sales up 22.2% to $1.91 billion, with net earnings rising to $321.7 million and diluted EPS at $1.17. Comparable Canadian store sales rose 6%, driven by more transactions and higher basket sizes. The company cited strong demand for consumables and seasonal goods, plus $186.1 million in sales from its new Australian chain.