Dollarama says its sales surged by more than 20 per cent compared to a year earlier as consumer confidence “appears to be weakening.”

The Montreal-based retail giant also said it may need to change its sales outlook if the Iran war drags on for the long term and results in higher operational costs.

Publicly traded companies like Dollarama are required by law to share financial results with shareholders and analysts on a regular basis to maintain transparency and accountability.