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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (92609)3/31/2021 8:45:09 AM
From: Goose94Read Replies (2) of 202784
 
DOLLARAMA (DOL-T) Q4 profit down from year ago due to restrictions, costs

Pandemic Weighs On Dollarama Earnings

Shares of Dollarama will be in focus today after the company reported its fourth quarter results. The discount retailer announced it raising its quarterly dividend by 7 per cent. However, recent shutdowns across Canada due to the pandemic weighed on the company’s fourth-quarter profit. It earned $173.9 million or 56 cents on an adjusted basis, meeting analysts expectations but being down from the same period a year ago. The company remains committed to growing its presence in Canada, saying it plans to have 2,000 locations in the country by 2031

BNN.ca
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