Dollarama Inc. (TSE:DOL) profit soars on higher sales, margin

Canadian retailer’s comparable store sales were up 6.6 per cent from last year’s first quarter

MONTREAL – Dollarama Inc.’s (TSE:DOL) cash registers rang up a strong first quarter with double-digit increases in both sales and profit.

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The Montreal-based retailer’s net income rose by 28.4 per cent to $83.2 million from $64.8 million.

Comparable store sales was up 6.6 per cent from last year’s first quarter, fuelled by an increased number of transactions and a larger average transaction price.

Read the full article at: ca.finance.yahoo.com