MONTREAL, Sept. 11, 2024 /PRNewswire/ - Dollarama Inc. (TSX: DOL) ("Dollarama" or the "Corporation") today reported its financial results for the second quarter ended July 28, 2024.
Fiscal 2025 Second Quarter Highlights Compared to Fiscal 2024 Second Quarter Results
Sales increased by 7.4% to $1,563.4 million, compared to $1,455.9 millionComparable store sales increased by 4.7%, over and above 15.5% growth in the corresponding period of the previous yearEBITDA increased by 14.7% to $524.3 million, representing an EBITDA margin(1) of 33.5%, compared to 31.4%Operating income increased by 15.3% to $422.9 million, representing an operating margin(1) of 27.0%, compared to 25.2%Diluted net earnings per common share increased by 18.6% to $1.02, compared to $0.8614 net new stores opened, compared to 18 net new stores2,104,691 common shares repurchased for cancellation for $263.1 millionThe information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
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