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BRIEF-Dollarama reports Q3 earnings per share C$0.78

Published 2015-12-09, 07:57 a/m
© Reuters.  BRIEF-Dollarama reports Q3 earnings per share C$0.78
DOL
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Dec 9 (Reuters) - Dollarama Inc DOL.TO :
* Reports continued growth for its third quarter results and amends normal
course issuer bid
* Q3 sales C$664.5 million versus I/B/E/S view C$664 million
* Q3 earnings per share C$0.78
* Q3 earnings per share view C$0.70 -- Thomson Reuters I/B/E/S
* Qtrly comparable store sales grew 6.4%
* Gross margin was 40.0% of sales in the third quarter of fiscal 2016, compared
to 36.8%
* Says remain on track to open a total of 70 to 80 net new stores by fiscal
year end
* Sees 2016 gross margin 38.0% to 39.0%; sees gross margin for 2017 between
36.0% to 37.0%
* Sees comparable store sales growth for fiscal 2017 in the range of 4% to 5%
* Got approval to amend normal course issuer bid to increase number of common
shares that may be repurchased from 4.5 million to 6.4 million

* Source text for Eikon

* Further company coverage DOL.TO

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