Dollarama posts higher sales, earnings

Dollarama reported that Q2 sales rose by 1.6 percent to $1.03 billion, compared to the comparable period in fiscal 2021. Comp sales fell by 5.1 percent. The main factor in that drop was Ontario’s ban on non-essential sales during the first several weeks of the quarter. Profits for the quarter were $146.2 million, up from $142.5 million a year prior.