For the fourth quarter of fiscal 2017, Dollarama reported net earnings of $146.1 million, or $1.23 per diluted common share, representing an impressive increase over the $124.8 million, or $1.00 per diluted common share, in the same quarter last year. Dollarama reported sales of $854.5 million in the quarter — an increase of 11.5% over the same quarter last year. Comparable same-store sales increased by 5.8% for the quarter — over and above the 7.9% growth registered in the previous year. EBITDA grew by 19.1%, coming in at $226.2 million, representing 26.5% of sales.
Dollarama also announced a 10% increase to the quarterly dividend, which will now pay $0.11 per common share. Even with the latest increase, the stock is unlikely to be seen as a great income-producing investment, as the yield is far below 1%.