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 both in-store and online. 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. All stores are corporately owned and operated, and are conveniently located in metropolitan areas, mid-sized cities and small towns. The Company operates approximately 1,569 stores across Canada.

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Dollarama Inc > G&M Stars and Dogs

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Post by retiredcfon Apr 06, 2024 7:35am

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Post# 35974536

G&M Stars and Dogs

No surprise here. GLTA

Dollarama Inc. (STAR)

$114.55+11.36 (11.01%) Past five days

Reasons you never invested in Dollarama: 1) “The shares are way too expensive. I’ll wait for a pullback”; 2) “There’s already a Dollarama in every neighbourhood. They have no more room to expand”; 3) “They keep raising prices. People won’t tolerate that forever.” Well, you only missed out on a total return of about 700 per cent over the past 10 years. No biggie. This week, Dollarama’s shares were defying skeptics again after the retailer reported same-store sales growth of 8.7 per cent from a year earlier in the quarter ended Jan. 28 as shoppers battered by inflation and high interest rates continued to flock to its discount stores for everyday items. With the stock at a record high, only an idiot would jump in now.

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