Retailer Dollarama reports Q4 profit and sales up from year ago, raises dividend
- Montreal-Based Dollarama announced on Thursday that its fourth-quarter profit and sales rose.
- Heightened economic uncertainty drives demand for Dollarama's discount products, fueling increased sales.
- The retailer plans to accelerate new store openings and expand beyond Canada with new deals.
- Dollarama's fourth-quarter saw net earnings reach $391 million, or $1.40 per share, with sales of $1.88 billion.
- The increased sales and profit prompted Dollarama to raise its quarterly dividend by 15 percent to 10.58 cents per share.
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Retailer Dollarama reports Q4 profit and sales up from year ago, raises dividend
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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