Dollarama shares jump as value-focused shoppers boost Q1 sales

  • Dollarama Inc (TSXOL) stock popped almost 10% after the Canadian discount retailer reported strong sales growth for the first quarter, as cost-conscious consumers prioritize value amid persistent inflation. First quarter sales were up 8.2% year-over-year at C$1.52 billion, beating estimates of C$1.5 billion.