Shoppers spent more at Dollarama stores with third quarter fiscal
2020 same-store sales rising 5.3 per cent and net sales increasing by
9.6 per cent to $947.6 million, above expectations of $936.78 million,
compared to the third quarter of fiscal 2019 of $712.43 million.
The same-store sales growth of 5.3 per cent was in improvement over
the same quarter a year ago with same-store sales growth hitting 3.1 per
"I am very pleased with our strong top line performance through the
first nine months of Fiscal 2020, reflecting the strength of our
business model and the continued appeal of our concept to consumers
across Canada," said Neil Rossy, president and CEO. "Based on our
performance to date, we are narrowing our underlying full-year
comparable store sales assumption to 4.0 per cent to 4.5 per cent, the
top end of the previously disclosed range."