Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (149029)	6/7/2023 9:28:29 AM
From: Goose94	Read Replies (2) of 202936

DOLLARAMA (DOL-T) Luvs Recessions. Dollarama beats earnings expectations Dollarama Posts Beat As Consumers Feel The Pinch Let’s bring things full circle to the higher rate environment and slowing economic growth side of things, shall we? Dollarama topped earnings per share estimates in its latest quarter ($0.63 vs est $0.59) and blew past expectations for sales at stores open at least a year, up 17.1 per cent in the quarter, against an average view of 12.7 per cent. The company points directly to the “persistently inflationary pressure” Canadians are dealing with as a driver of the growth – consumables (ie, food, household products et al) were a key driver of the growth. Further to that it was the number of transactions, not the size of them, that drove the bus here (the former up 15.5 per cent, the later a mere 1.4 per cent,) which is as strong an indication as you’ll get that more Canadians are shopping at discount retailers, but not spending more than they need to in the face of concerns over household finances. BNN.ca

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next