Dollarama Inc.'s (DOL.TO) fourth-quarter net earnings advanced to C$77.13 million, or C$1.04 per share, from C$63.61 million, or C$0.84 per share reported a year back. On a normalized basis, net earnings for the recent quarter amounted to C$78.4 million, or C$1.06 per share. On average, 7 analysts polled by Thomson Reuters expected earnings per share of C$1.02 for the quarter. Analysts' estimates typically exclude one-time items.
Sales for the fourth quarter of fiscal 2013 went up by 19.9% to C$561.9 million, from last year's C$468.7 million. Analysts estimated revenues of C$546.74 million for the quarter. The total sales for the period include a fourteenth week, associated with the 53-week retail calendar, accounting for $32.1 million of total sales for the quarter.
In addition, the board has approved a 27% increase of the quarterly dividend for its common share holders, from C$0.11 per share to C$0.14 per share. The raised dividend would be paid on May 7, 2013 to shareholders of record at the close of business on April 30, 2013 and is designated as an "eligible dividend" for Canadian tax purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.