Canadian retailer Dollarama's profit rises 37 pct

Wed Dec 9, 2015 7:38am EST
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Dec 9 (Reuters) - Canadian dollar-store operator Dollarama Inc reported a 37 percent rise in quarterly profit, helped by higher same-store sales and an increase in customer spending.

Net income rose to C$100.1 million ($73.81 million), or 78 Canadian cents per share, in the third quarter ended Nov. 1, from C$73 million, or 55 Canadian cents per share, a year earlier.

Sales rose 13 percent to C$664.5 million. ($1 = C$1.36) (Reporting By Darshana Sankararaman and Anet Josline Pinto in Bengaluru; Editing by Don Sebastian)