Stocks in play: Dollarama Inc.
Reported its financial results for the fourth quarter ended January 28, 2024. Sales increased 11.3% to $1,639.2 million, compared to $1,473.2 million. Comparable store sales grew 8.7%, over and above a 15.9% growth in the corresponding period of the previous fiscal year. EBITDA increased 19.5% to $558.9 million, representing an EBITDA margin of 34.1%, compared to 31.7%. Operating income increased 21.8% to $464.7 million, representing an operating margin of 28.3%, compared to 25.9%. Dollarama Inc. shares T.DOL are trading up $6.95 at $107.31.
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