Dollarama posts Q3 results

Dollarama says its Q3 earnings came to $275.8 million, or $0.98 per share. That’s up from $261.1 million ($0.92) a year earlier and on par with analyst estimates. Sales rose by 5.7 percent to $1.56 billion, also meeting expectations, with comp sales up 3.3 percent. At the same time, the discount retailer announced it will acquire a property in the Calgary area that will serve as a new logistics hub for Western Canada.