Canadian discount chain Dollarama's profit rises 21 pct

Wed Mar 25, 2015 7:44am EDT
 
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March 25 (Reuters) - Canadian discount chain Dollarama Inc's quarterly profit rose about 21 percent, helped by higher same-store sales and an increase in the number of stores.

The company's net income rose to C$100.3 million ($80.2 million), or 76 Canadian cents per share, in the fourth quarter ended Feb. 1, from C$83 million, or 59 Canadian cents per share, a year earlier.

The Montreal-based company's revenue rose 14.9 percent to C$669.1 million.

($1 = 1.2501 Canadian dollars) (Reporting by Anet Josline Pinto in Bengaluru; Editing by Maju Samuel)