Dollarama posts increased profits

MONTREAL — Dollarama Inc. reported a 2% increase in its profits for Q2 as net income rose to $143.2 million ($0.45 per share) from $140.4 million ($0.42) a year ago. Sales rose by 9% to $946.4 million, compared to $868.5 million a year ago, while comparable store sales were up 4.7%. Operating income grew 2.7% to $221.6 million, or 23.4% of sales.

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