Canadian discount chain Dollarama's profit jumps 18.4 percent

Thu Dec 4, 2014 7:52am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

(Reuters) - Canadian discount chain Dollarama Inc (DOL.TO: Quote) reported a 18.4 percent rise in third-quarter profit, helped by strong Halloween sales and store openings.

Net income rose to C$73 million ($64.3 million), or 55 Canadian cents per share, in the quarter ended Nov. 2 from C$61.7 million, or 43 Canadian cents per share, a year earlier.

The Montreal-based company's revenue rose 12.4 percent to C$587.9 million.

(Reporting by Sneha Banerjee and Anet Josline Pinto in Bengaluru; Editing by Siddharth Cavale)