Dollarama Inc. (DLMAF) Research
Dollarama Inc. is a prominent Canadian discount retailer operating a widespread chain of dollar stores across the country. These outlets provide customers with a diverse selection of products, including general merchandise, everyday consumables, and seasonal items. The company also extends its reach through an e-commerce platform for online sales. By July 31, 2022, Dollarama's retail footprint had expanded to 1,444 physical locations. Founded in 1992, the enterprise was originally incorporated as Dollarama Capital Corporation, later adopting its current name, Dollarama Inc., in September 2009. Its corporate headquarters are located in Montreal, Canada.
Market snapshot
- Symbol
- DLMAF
- Price
- $135.35
- Day change
- +0.67%
- Market cap
- $50.6B
- P/E ratio
- 38.04x
- 52-week range
- 112.41-160.86
- Sector
- Consumer Defensive
- Industry
- Discount Stores
- Next earnings
- in 3 months
- Analyst price target
- $147
Recent news
- Dollarama shares drop as annual sales forecast misses estimates
Dollarama Inc (TSX:DOL) saw its shares fall more than 7% on Tuesday after the company forecast annual sales largely below expectations, signaling softer demand as consumers become more selective amid persistent inflation and a weakening labor market. The Canadian discount retailer expects comparable store sales growth of 3% to 4% in fiscal 2027, below analysts' consensus of 3.9%.
Peer companies
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