|Bid||41.78 x 0|
|Ask||41.79 x 0|
|Day's Range||41.35 - 42.27|
|52 Week Range||30.70 - 54.00|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||25.01|
|Earnings Date||Jun 5, 2019 - Jun 10, 2019|
|Forward Dividend & Yield||0.18 (0.49%)|
|1y Target Est||39.29|
Retail stocks such as Dollarama Inc. (TSX:DOL) are getting a boost from recovering retail sales and the removal of the upward bias in interest rates, but record debt levels remain problematic.
Has Dollarama Inc (TSX:DOL) found the solution to resist the doomed trend of brick-and-mortar stores?
Yes. Dollarama Inc. (TSX:DOL) stock is trading at much lower multiples, but a significant slowing of earnings growth rates, as well as increasing risks, seem to justify this lower valuation.
Dollarama Inc. (TSX:DOL) may be starting to see an increase in share price, but I would still stay far away from this company's stock.
Dollarama Inc (TSX:DOL) has been a growth machine for nearly a decade. While shares seem to be on sale following a dip, here are three reasons why you should consider selling.
Dollarama Inc. (TSX:DOL) and BlackBerry Ltd. (TSX:BB)(NYSE:BB) went in different directions over the past decade. That should change in the 2020s.
MONTREAL , April 11, 2019 /CNW Telbec/ - Dollarama Inc. (TSX: DOL) ("Dollarama" or the "Corporation") announced today that The Rossy Foundation agreed to sell 2,557,000 common shares ...
The stock price of Dollarama Inc. (TSX:DOL) has fallen about 30% to around $38 from its 52-week high of $54. Is this a big opportunity for investors to get in on Canada’s dominant dollar store retailer or a sign of challenging times ahead for the stock? Read more…
Stars Group Inc (TSX:TSG)(NASDAQ:TSGI) and these two other stocks have been off to great starts to 2019, and there's still a lot of room to run.
Canada's best retail stocks include Dollarama Inc. (TSX:DOL), Canadian Tire Corporation Ltd. (TSX:CTC.A) and Alimentation Couche-Tard Inc. (TSX:ATD.B).
Both BlackBerry Ltd. (TSX:BB)(NYSE:BB) and Dollarama Inc. (TSX:DOL) had positive news come out of their earnings report, but one might be a better buy than the other.
Dollarama Inc. (TSX:DOL) continues to feel the pain of falling same-store sales growth, margins, and earnings.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To...
You'll want to load up on Genworth MI Canada Inc. (TSX:MIC), Transcontinental Inc. (TSX:TCL.A) and Dollarama Inc. (TSX:DOL) shares in April. Here's why.
MONTREAL — Dollarama Inc. is closely monitoring prices in its stores as it looks to boost foot traffic and generate growth in an increasingly competitive retail environment.The company is boosting its lower-priced items to generate that traffic after putting too much emphasis on higher priced items up to $4, said CEO Neil Rossy on a conference call Thursday."I think you know quite honestly, that we did lose sight of it, on making sure we had all the traffic drivers needed to balance our higher price points.""When you take a business from a pure $1 store, and you evolve over the years to multi-price points, while being very successful in doing so, you'll learn things," he said.The company is also constantly assessing prices on merchandise, with item prices assessed at least every three weeks during restocking, said Rossy.He said the rebalance of price levels and items would help drive sales going forward."We have to refocus on traffic generating and unit sales, because at the end of the day, in bricks and mortar, that's the bread and butter."The attention on prices come as the retail sector is in a very competitive retail environment with rising operating costs, noted RBC Dominion Securities analyst Irene Nattel.She said the company delivered "solid" results despite the challenges.Canaccord Genuity analyst Derek Dley, however, downgraded his rating on the company from buy to hold and lowered his price target after the company released lower than expected growth expectations for fiscal 2020.The company said it expects same-store sales growth of 2.5 to 3.5 per cent for the year, which is below its historical average same-stores sales growth target of four to five per cent."In our view, the next few quarters are likely to represent a "show-me-story" to many investors and as a result we are comfortable moving to the sidelines for the time being, as we await a more positive pricing environment and same-store sales acceleration."For the fourth quarter, the company reported a profit of $172 million, up from $162.8 million a year earlier.It also said Thursday it would raise its dividend to pay out 4.4 cents per share quarterly, up from four cents.The increased payment to shareholders came as the company said it earned 54 cents per diluted share for the quarter ended Feb. 3, compared with a profit of 48 cents per diluted share in the same quarter a year earlier.Sales for the 13-week period totalled $1.06 billion, up from $938.1 million, while comparable store sales grew 2.6 per cent.Analysts on average had expected a profit of 55 cents per share and revenue of $1.07 billion, according to Thomson Reuters Eikon.In its outlook for the coming year, Dollarama says it expects to add 60 to 70 new stores as part of its goal of having 1,700 stores by 2027.The company also launched its online store in January, where it has about a thousand items for sale in bulk only.Rossy said it will take some time for the online sales to have an overall impact but that it will fill a customer need."Small businesses will find it more interesting to buy their stationary there, or what have you, and people having parties or conferences or whatever it is, will use it because it's a practical way to get the best price." Companies in this story: (TSX:DOL) The Canadian Press
Dollarama Inc (TSX:DOL) stock has struggled over the past year and its latest quarterly results will do little to help that.
The Montreal-based company said competition from rivals including Dollar Tree Inc had led it to scale back price increases in an attempt to retain customers, reducing gross margins to 40.4 percent in the fourth quarter from 41.4 percent a year ago. As expected by analysts, the results showed that the discount chain was benefiting from consumers opting for more of their shopping with cheaper retailers in the wake of weakening Canadian economy. The company also expected comparable store sales growth to be in the range of 2.5 percent to 3.5 percent in fiscal 2020.
Diluted net earnings per share increased by 12.5% during the fourth quarter Annual gross margin and SG&A as percentage of sales on target 33 net new stores opened during the fourth quarter for a total ...
Dollarama (DOL.TO) investors will have to wait to see if the former stock market darling can turn things around because the company’s quarterly profit has once again missed analysts’ expectations.