Business
DOLLARAMA REPORTS CONTINUED STRONG SALES AND OPERATING INCOME GROWTH FOR ITS SECOND QUARTER OF FISCAL 2011
DOLLARAMA REPORTS CONTINUED STRONG SALES AND OPERATING INCOME GROWTH FOR ITS SECOND QUARTER OF FI...
About this update from Dollarama Inc.
[{"type":"text","content":"\n\n\n\n Sep. 14, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\nMONTREAL, Sept. 14 /CNW Telbec/ - Dollarama Inc. ("Dollarama" or the "Corporation") (TSX: DOL) reported significant increases in sales and operating income today for the second quarter ended August 1, 2010 (the "Second Quarter").\n\nFinancial and Operating Highlights for the Second Quarter\n\n(All comparative figures below and in the "Financial Results" section that follows, are for the 13-week and 26-week periods ended August 1, 2010 compared to the 13-week and 26-week periods ended August 2, 2009. Throughout this news release, the term "Normalized" has been used to refer to financial results that have been adjusted to exclude certain non-recurring items. For a full explanation of the Corporation's use of the Non-GAAP measures, please refer to Note 1 of the Selected Consolidated Financial Information section of this news release.)\n\n\n >\n\n\n"We are pleased with our second quarter results" said Larry Rossy, Chief Executive Officer of Dollarama. "We sustained healthy growth through the opening of new stores and increased comparable store sales. We continue to provide our customers quality products, great value, as well as a convenient shopping experience. We also remain committed to tightly managing our operating and office expenses and generating value for our shareholders."\n\nFinancial Results\n\nFor the Second Quarter, we recorded sales of ...