Dollarama 2Q Gains Lifted by Dollarcity Growth, Latin American Expansion

Dow Jones
昨天

0807 ET - Dollarama's Latin American joint venture, Dollarcity, remains a primary international growth driver. The Canadian discount retailer posted a 30% increase in second-quarter sales in the region, bringing its share of Dollarcity's net earnings to C$49.9 million from C$38.3 million a year earlier. Growth was driven by same-store-sales gains and store network expansion, with Dollarcity continuing its strategy of retail-space expansion in the region. It added 29 new locations for a total of 781 in Latin America, including 21 in Mexico where it looks to expand its presence. It also benefited from a cash dividend of $75.1 million from its 60.1% ownership in Central American Retail Sourcing, Dollarcity's operating entity, which funded its share of Mexico's buildout.

 

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10