Investing.com - Dollarama reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dollarama announced earnings per share of C$0.66 on revenue of C$1.22B. Analysts polled by Investing.com EPS of C$0.643 on revenue of C$1.19B.
Dollarama 's are up 27% and is trading at C$81.00 , still down 2.92% from its 52 week high of C$83.44 set on Wednesday, August 17, 2022.
Dollarama shares gained 1.89% to trade at C$81.00 in intra-day trade the report.
Dollarama follows other major Consumer Discretionary sector earnings this month
Dollarama's report follows an earnings missed by Canadian Tire Corporation on Thursday, August 11, 2022, who reported EPS of C$3.11 on revenue of C$4.4B, EPS of C$3.6 on revenue of C$4.34B.
Canadian Tire Ltd had missed expectations on Thursday, August 11, 2022 with second quarter EPS of C$3.11 on revenue of C$4.4B, for EPS of C$3.6 on revenue of C$4.34B.
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