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Dollarama reports higher Q4 profit and sales despite poor weather.
Dollarama reported higher fourth-quarter profit and sales for the period ending February 1, despite poor weather reducing store visits.
The company earned $392.5 million, or $1.43 per share, with sales rising to $2.10 billion driven by expansion in Canada and Australia.
While comparable store sales in Canada increased 1.5%, the retailer raised its quarterly dividend to 12 cents per share, though it forecast full-year sales below expectations.
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Dollarama informa mayores ganancias y ventas del cuarto trimestre a pesar del mal tiempo.