Earnings report shows Dollarama making big bucks

Quebec retail giant Dollarama (TSX: DOL) posted on Wednesday a net earnings result of $94.7 million, or 82 cents a share, in its first quarter, compared with 68 cents last year. Its sales for the quarter jumped 10 per cent to total $704.9 million.
The increase is explained by internal sales growth as well as the expansion of the number of Dollarama outlets over the past year that saw the number of stores increase from 1,038 in May of 2016 to 1,108 by April 30, 2017.
Sales by other stores in the