Dollarama Inc. said its normalized net income for the fiscal third quarter ended Nov. 2 came to 47 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 54 cents per share.
EPS rose 26.8% year over year from 37 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$62.4 million, an increase of 18.2% from C$52.8 million in the year-earlier period.
The normalized profit margin climbed to 10.6% from 10.1% in the year-earlier period.
Total revenue climbed 12.4% year over year to C$588.0 million from C$522.9 million, and total operating expenses grew 10.9% on an annual basis to C$482.9 million from C$435.4 million.
Reported net income rose 19.2% from the prior-year period to C$73.0 million, or 55 cents per share, from C$61.2 million, or 43 cents per share.
