10:42 AM EST - Dollarama Inc. : Reported its financial results for the third quarter ended November 1, 2020. Sales increased by 12.3% to $1,064.2 million. Comparable store sales grew 7.1%. Gross margin was 44.0% of sales, compared to 43.7% of sales. EBITDA increased by 14.2% to $312.1 million , or 29.3% of sales, compared to 28.8% of sales. Operating income increased by 15.1% to $243.8 million , or 22.9% of sales, compared to 22.4% of sales. Diluted net earnings per common share increased by 18.2%, to $0.52 from $0.44. Dollarama Inc.
shares T.DOL are trading up $1.61 at $55.00.
