Sales for what was the company's fourth quarter improved to $854.5 million compared with $766.5 million in the same quarter a year ago. Analysts had expected a profit of $1.11 per share, according to Thomson Reuters. By Thursday afternoon Dollarama's stock was up almost 10 percent at $109.43. Several analysts released reports suggesting Dollarama stock has room to rise higher, including RBC Dominion Securities -- which increased its previous price target by $3 to $129 per share. RBC retailing analyst Irene Nattel wrote that "in our view DOL remains the leading retailer in our universe of coverage, and we maintain a constructive view on the stock." But Nattel added that the risks facing Dollarama include the potential for "increased competition, minimum wage rate increases, a sustained decline in the Canadian dollar, and sustained product cost inflation." By David Paddon in Toronto