Dollarama Inc Q2 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Peter Sklar - BMO Capital Markets Equity Research - Analyst : Just given the uncertainty regarding Halloween and Christmas, I'm just wondering, like how do you -- what's your strategy in terms of stocking the stores? Do you give a full inventory and hope for the best and if it doesn't sale for the reasons you've been discussing this morning, you'd just pack it up and give it away -- pack it up, I mean, for next year and bring it back for next year? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. SEPTEMBER 02, 2020 / 2:30PM, DOL.TO - Q2 2021 Dollarama Inc Earnings Call

Question: Peter Sklar - BMO Capital Markets Equity Research - Analyst : Okay. And then just 1 last question. Michael, you said one of the COVID costs was $1.9 million or 32 basis points, was that the gross margin impact?

Question: Vishal Shreedhar - National Bank Financial, Inc., Research Division - Analyst : On a labor and ongoing concerns about COVID-19, maybe you could chat about how you're finding Dollarama's ability to attract labor into the stores and if there's any pressure there?

Question: Vishal Shreedhar - National Bank Financial, Inc., Research Division - Analyst : Okay. That's nice to hear. And on eventual higher price point introductions, is it fair to assume we would need COVID-19 issues to stabilize before management investigates that? Or are there other factors to consider? And is your ability to travel to China to preview the new potential price point merchandise, is that a factor as well?