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Dollarama Inc T.DOL

Alternate Symbol(s):  DLMAF

Dollarama Inc. is a Canada-based company, which offers various assortment of general merchandise, consumable products, and seasonal items. The Company conducts its business through its subsidiaries, including Dollarama L.P. and Dollarama International Inc. (Dollarama International). Dollarama L.P. operates the chain of stores in Canada and performs related logistical and administrative support activities. Dollarama International has retail operations in Latin America through Dollarcity, a value retailer that offers an assortment of general merchandise, consumable products and seasonal items in stores located in El Salvador and Guatemala and stores located in Colombia and Peru. Dollarama International also sells merchandise and renders services to Dollarcity. The Company, through Dollarama International, acts as the primary product vendor of Dollarcity. The Company operates approximately 1,507 stores across Canada.


TSX:DOL - Post by User

Bullboard Posts
Post by ranforurlifeon Aug 07, 2019 3:03pm
105 Views
Post# 30003435

re: devaluing the yuan

re: devaluing the yuanDevaluing the chinese yuan « renminbi » is offsetting the 10% tariffs on their goods by DT. Right now DOL is getting a gift from DT. Since inventory is the biggest chunk of expenses that comes from China lowering those costs will definitely impact the P&L. If this lasts till next year while the economy tanks the shares of DOL should soar to new highs.
Bullboard Posts