March 30, 2016 / 11:48 AM / a year ago

BRIEF-Dollarama Q4 earnings per share C$1.00

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March 30 (Reuters) - Dollarama Inc

* Q4 sales C$766.5 million versus I/B/E/S view C$751.6 million

* Q4 earnings per share C$1.00

* Dollarama reports strong results for the fourth quarter & full year of fiscal 2016

* Q4 earnings per share view C$0.93 -- Thomson Reuters I/B/E/S

* Quarterly cash dividend increased by 11.1% to $0.10 per common share

* Quarterly cash dividend increased by 11.1% to $0.10 per common share

* Guidance enhanced for fiscal 2017

* Seeing more pricing flexibility from suppliers in China due to a softer demand environment

* Dollarama inc qtrly comparable store sales grew 7.9%

* Sees 2017 gross margin 37.0% to 38.0%

* Dollarama inc sees comparable store sales growth for fiscal 2017 in range of 4% to 5%

* Sees increased gross margin in 2017 due to better pricing on merchandise bought from suppliers in China due to soft economic conditions Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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