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Dollarama reports a 15% jump in Q4 profit and sales, boosting its dividend by the same margin.
Dollarama, a Canadian discount retailer, reported a 15% increase in its fourth-quarter profit and sales compared to the previous year.
The company's profit rose to $391 million or $1.40 per diluted share from $323.8 million or $1.15 per diluted share last year.
Sales were up to $1.88 billion from $1.64 billion.
Dollarama also increased its quarterly dividend by 15% to 10.58 cents per share.
The company saw a 4.9% growth in comparable store sales, with more transactions but slightly lower average spending per transaction.
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Dollarama reporta un aumento del 15% en ganancias y ventas del Q4, aumentando su dividendo por el mismo margen.