MONTREAL ― Dollarama reported that Q4 sales rose 13% to $1.06 billion, compared to $938.1 million for the same period last year. Comparable store sales grew 2.6%, over and above growth of 5.5% in Q4 of 2017. Net earnings increased to $172 million, or $0.54 per diluted common share, in the quarter, compared to $162.8 million, or $0.48 per diluted common share a year ago. Lower gross margin partially offset the gains from higher sales.
Analysts had expected on average profits of $0.55 per share and total revenue of $1.07 billion.
