Dollarama Inc. said its normalized net income for the fiscal fourth quarter ended Feb. 1 was 64 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 74 cents per share.
EPS climbed 28.2% year over year from 50 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$84.8 million, a gain of 19.5% from C$71.0 million in the year-earlier period.
The normalized profit margin rose to 12.7% from 12.2% in the year-earlier period.
Total revenue rose 14.9% year over year to C$669.1 million from C$582.3 million, and total operating expenses climbed 13.7% from the prior-year period to C$528.2 million from C$464.7 million.
Reported net income grew 19.9% on an annual basis to C$100.8 million, or 76 cents per share, from C$84.1 million, or 59 cents per share.
For the year, the company's normalized net income totaled C$1.88 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of C$2.19.
EPS rose 26.3% from C$1.49 in the prior year.
Normalized net income was C$251.6 million, a gain of 17.4% from C$214.3 million in the prior year.
Full-year total revenue rose 12.9% from the prior-year period to C$2.33 billion from C$2.06 billion, and total operating expenses increased 11.6% year over year to C$1.91 billion from C$1.71 billion.
The company said reported net income increased 18.1% year over year to C$296.0 million, or C$2.21 per share, in the full year, from C$250.7 million, or C$1.74 per share.
