MONTREAL - Discount retailer Dollarama Inc. says it earned $103.5 million in its latest quarter, up from $101.5 million a year ago, as revenue grew by 9.5 per cent. The company says the profit amounted to 33 cents per diluted common share for the quarter ended May 5 compared with 31 cents per diluted common share a year ago. Sales for what was the first quarter of the company’s 2020 financial year totalled $828.0 million, up from $756.1 million in the same quarter last year. Comparable store sales grew 5.8 per cent in the quarter. Analysts on average had expected a profit of 34 cents per share for the quarter and $813 million in revenue, according to Thomson Reuters Eikon.

Source: thestar June 13, 2019 11:15 UTC