Inflation-weary shoppers boost Dollarama’s Q1

Dollarama reported higher sales and earnings in Q1 as inflation pressures continue to drive traffic to discount retailers. The Montreal-based company said this week its net earnings for the quarter rose to $179.9 million, or $0.63 cents per share, from $145.5 million ($0.50) a year earlier. Overall sales rose by 20.7 percent to $1.29 billion while comp sales were up 17 percent.