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Dollarama's Fiscal Year: Record Sales, Expansion & Growth

Published 1 week, 2 days ago
Description

Dollaramas fiscal year ended with a bang, boasting a 13.1% sales surge to $7.255 billion. Despite a 11.7% Q4 boost, bad weather dampened holiday sales. Canadas comparable store sales rose 1.5%, and Dollarama opened 75 new stores in Canada, launched Dollarcity in Mexico, and acquired Australias Reject Shop. Net earnings grew 12.1% to $1.309 billion, with diluted earnings per share up to $4.73. Dollarama plans steady Canadian growth and international expansion, aiming to deliver value to shoppers and strong returns for investors.

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