Dollarama Has Sales Increase

Dollarama Inc. had a sales increase of 11 per cent ($1,224.9 million) in the fourth quarter of 2022 compared to the fourth quarter of 2021. Additionally, comparable store sales grew 5.7 per cent, its gross margin was 45.2 per cent of sales; earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 20.4 per cent to $393.7 million; and it had an operating income increase of 23.3 per cent to $315.7 million.