Stocks in play: Dollarama Inc.

Today reported increases in sales, net earnings and earnings per common share for the third quarter ended November 3, 2019. Diluted net earnings per common share rose 10.0% to $0.44. Compared to the third quarter of Fiscal 2019: Sales increased by 9.6% to $947.6 million; Gross margin was 43.7% of sales, compared to 44.3% of sales; EBITDA( grew 4.3% to $273.2 million, or 28.8% of sales, compared to 30.3% of sales; Operating income grew 3.7% to $211.9 million, or 22.4% of sales, compared to 23.6%(2) of sales; and Diluted net earnings per common share increased by 10.0%, to $0.44 from $0.40. Dollarama Inc. shares T.DOL are trading down $1.28 at $47.76.

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