Dollarama profits slip in Q4

Dollarama reported Q4 profits of $173.9 million or $0.56 per share, compared to $178.7 million ($0.57) a year earlier. Sales for the quarter rose to $1.1 billion from about $1.07 billion. Comparable store sales edged down by 0.2 percent. Despite a spike in-store traffic during the holiday season, sales suffered after the introduction of provincial retail restrictions in Alberta, Ontario, and the chain’s home territory of Quebec.