(Reuters) – Dollarama lifted its annual sales forecast on Wednesday, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to discount stores.
The discount store operator now expects comparable store sales growth of 11% to 12% for fiscal 2024, up from the 10% to 11% range estimated previously.
(Reporting by Annett Mary Manoj in Bengaluru; Editing by Devika Syamnath)