US EditionDollarama Earns $321.5M Q2 Profit, up From a Year Ago, as Sales Rise 10.3 per Cent
- Dollarama Inc. reported a second-quarter profit of $321.5 million, up from $285.9 million a year earlier.
- The retailer's sales totaled $1.72 billion for the quarter, up from $1.56 billion last year.
- Comparable store sales increased by 4.9 percent, with a 3.9 percent rise in transactions and a 0.9 percent increase in transaction size.
- Dollarama president Neil Rossy announced the acquisition of The Reject Shop Ltd. and opened a Dollarcity store in Mexico.
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Dollarama stores in Canada have increased by 4.9% and the company's net profit is up by 10% compared to last year.
·Montreal, Canada
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Dollarama reported a year-to-year increase in net earnings in the second quarter, mainly due to a 10% increase in sales.
·Montreal, Canada
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Dollarama earns $321.5M Q2 profit, up from a year ago, as sales rise 10.3 per cent
Dollarama Inc. reported a second-quarter profit of $321.5 million, up from $285.9 million a year earlier, as its sales rose 10.3 per cent. The retailer says its profit amounted to $1.16 per diluted share for the 13-week period ended Aug.
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Total News Sources18
Leaning Left11Leaning Right0Center3Last UpdatedBias Distribution79% Left
Bias Distribution
- 79% of the sources lean Left
79% Left
L 79%
C 21%
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