March 24 (Reuters) – Dollarama forecast annual sales largely below Wall Street estimates on Tuesday, signaling softer demand as budget-strapped consumers grow selective with their purchases amid sticky inflation and a weakening labor market.
The company expects annual comparable sales to grow in the range of 3% to 4%, compared with analysts’ expectation of a 3.90% rise.
(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Pooja Desai)