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As the number of transactions increased by 5.3%, the average transaction size fell by 0.4%, and comparable store sales increased by 4.9% in the quarter. The company attributes growth to ongoing demand for consumables and positive comparable store sales performance for seasonal goods.
“By fiscal year 2025, Canadians are there to realize compelling full-year value on our wide range of everyday goods and conveniences through a growing network of national stores,” CEO Neil Rossy said in a press release.
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The company’s net income in the quarter also increased to $391 million, up 20.8% from the previous year – Increased diluted net earnings per share from $1.15 to $1.40 Increased 21.7%.
The company will hold its fourth-quarter earnings call at 10:30 a.m.
And more.
•Email: dpaglinawan@postmedia.com
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