Dollarama's quarterly profit rises 22 pct

Wed Jun 10, 2015 7:40am EDT
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June 10 (Reuters) - Canadian dollar-store operator Dollarama Inc reported a 22 percent rise in quarterly profit, helped by higher same-store sales and an increase in the number of stores.

Net income rose to C$64.8 million ($53 million), or 50 Canadian cents per share, from C$53.2 million, or 39 Canadian cents per share, a year earlier.

Revenue rose 13 percent to C$566.1 million. ($1 = 1.23 Canadian dollars) (Reporting By Darshana Sankararaman in Bengaluru; Editing by Don Sebastian)