09:35 AM EST - Dollarama Inc. : reported a 21 percent drop in quarterly profit on higher expenses. For the second quarter ended August 1, net income fell to $21.0 million, or 28 cents a share, from $26.6 million, or 61 cents a share, a year ago. On an adjusted basis, the company earned 37 cents a share. Analysts on average were expecting earnings of 35 cents a share, on revenue of $339.1 million, according to Thomson Reuters. Dollarama Inc.
shares T.DOL are trading up 22 cents at $27.17.
