Dollarama posts higher sales, profits in Q3

MONTREAL ― Dollarama Inc. reported Q3 profits of $138.6 million, up from $132.1 million a year ago on higher sales. Profits came to $0.44 per diluted share, compared to $0.40 for Q3 of 2018. Sales of $947.6 million marked a surge from last year’s $864.3 million. Comparable store sales rose by 5.3%. Sales beat analyst expectations of $936.8 million while profits were just about on par with the forecast of $0.45 per share.