The Financial Post reports in its Thursday edition that Dollarama revenue grew more than 20 per cent to $1.29-billion in the first quarter ended on April 30, beating analyst expectations of $1.25-billion. The Post's Bianca Bharti writes that comparable same store sales increased by 17 per cent. Earnings before interest, taxes, debt and amortization totalled $366.3-million, up from $300-million in the first quarter last year. Dollarama reported that growth in comparable same store sales was due to an increase of more than 15 per cent in the number of transactions. High inflation has been a positive for Dollarama compared with other businesses that are contending with tighter economic conditions after rising inflation forced the Bank of Canada to lift rates at an unprecedented pace starting in March, 2022. Edward D. Jones & Co. analyst Brian Yarbrough says, "Dollarama is benefiting from a high inflationary environment that's causing consumers to trade down, meaning they're opting for smaller or cheaper items than they'd typically buy." He adds: "Dollarama is gaining market share. No one else in the Canadian environment, including Walmart, Costco, any U.S. operator are posting these kinds of comps."