BRIEF-Dollarama Q1 earnings per share C$0.68

Wed Jun 8, 2016 7:48am EDT
 
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June 8 (Reuters) - Dollarama Inc :

* Dollarama Inc says Q1 comparable store sales grew 6.6%, over and above a 6.9% growth previous year

* Dollarama Inc says board of directors had approved a quarterly cash dividend for holders of common shares of $0.10 per common share

* Dollarama Inc says comparable store sales growth for fiscal 2017 in range of 4 percent to 5 percent

* Sees FY 2017 capital expenditures $160.0 million to $170.0 million

* Dollarama Inc sees fiscal 2017 EBITDA margin 21.0% to 22.5% versus prior guidance of 20.5% to 22.0%

* Dollarama Inc sees fiscal 2017 SG&A margin 15.5% to 16.0% versus prior guidance of 16.0% to 16.5%

* No change in fiscal 2017 guidance for net new stores, gross margin, capital expenditures

* Dollarama reports strong first quarter results and renews normal course issuer bid   Continued...