MONTREAL—A 10-per-cent increase in sales at Dollarama Inc. helped push up the discount chain’s latest quarterly profit to $94.7 million. The Montreal-based retailer’s profit equalled 82 cents per share of net income for the quarter ended April 30. That was up from $83.2 million, or 68 cents per share of net income, in the comparable period last year. Analysts had estimated 79 cents per share of profit for this year’s first quarter, according to Thomson Reuters data. However, analysts had expected Dollarama’s sales to grow even more than they did.

Source: thestar June 07, 2017 11:48 UTC