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BRIEF-Dollarama Q4 Earnings Per Share C$0.54

Published 2019-03-28, 07:18 a/m
BRIEF-Dollarama Q4 Earnings Per Share C$0.54
DOL
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March 28 (Reuters) - Dollarama Inc DOL.TO :

* DOLLARAMA REPORTS FOURTH QUARTER AND FISCAL YEAR 2019 RESULTS

* Q4 EARNINGS PER SHARE C$0.54

* Q4 EARNINGS PER SHARE ESTIMATE C$0.55 -- REFINITIV IBES DATA

* Q4 SALES C$1.06 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.07 BILLION

* QUARTERLY CASH DIVIDEND INCREASED 10.0% TO $0.044 PER COMMON SHARE

* COMPARABLE STORE SALES GREW 2.6% IN Q4 OF FISCAL 2019

* DOLLARAMA - QTRLY COMPARABLE STORE SALES GREW 2.6%

* 33 NET NEW STORES OPENED DURING Q4 FOR A TOTAL OF 65 FOR YEAR

* DOLLARAMA - SEES 2020 CAPEX $130.0 MILLION TO $140.0 MILLION

* SEES 2020 GROSS MARGIN 38.0% TO 39.0%

* DOLLARAMA - SEES 2020 COMPARABLE STORE SALES GROWTH IN THE RANGE OF 2.5% TO 3.5%

* SEES 2020 EBITDA MARGIN 23.25% TO 24.75%

* SEES 60 TO 70 NET NEW STORE OPENINGS IN FISCAL 2020

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