Dollarama reviews Q2 revenue, gross sales up from 12 months in the past

Dollarama Inc. reported a second-quarter revenue of $146.2 million, up from a revenue of $142.5 million in the identical quarter final 12 months.

The retailer says the revenue amounted to 48 cents per diluted share for the quarter, up from 46 cents a 12 months in the past.

Gross sales in 13-week interval ended Aug. 1 totalled $1.03 billion, up from $1.01 billion final 12 months.

READ MORE: Dollarama gross sales climbed 13% in newest quarter regardless of COVID-19 restrictions

Dollarama says comparable retailer gross sales fell 5.1 per cent as a result of a ban on the sale of non-essential merchandise in Ontario in place for the primary 5.5 weeks of the quarter as a result of pandemic.

It says for the 7.5-week interval after the Ontario ban was lifted that comparable retailer gross sales rose 5.1 per cent in contrast with a 12 months in the past.

Story continues under commercial

Dollarama opened 13 web new shops within the quarter to convey its complete retailer depend to 1,381 in contrast with 1,314 a 12 months in the past.

© 2021 The Canadian Press

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