Dollarama (OTCMKTS:DLMAF – Get Free Report) was upgraded by Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.
A number of other equities research analysts also recently issued reports on the stock. Zacks Research raised shares of Dollarama to a “hold” rating in a research note on Monday, March 16th. TD Securities reissued a “buy” rating on shares of Dollarama in a research note on Friday, December 12th. Canadian Imperial Bank of Commerce upgraded shares of Dollarama to a “strong-buy” rating in a research report on Wednesday. Royal Bank Of Canada raised shares of Dollarama to a “moderate buy” rating in a report on Monday, March 16th. Finally, National Bank Financial reiterated an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th. Four research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy”.
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Dollarama Stock Performance
Dollarama (OTCMKTS:DLMAF – Get Free Report) last issued its quarterly earnings data on Tuesday, March 24th. The company reported $1.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.03. Dollarama had a return on equity of 96.58% and a net margin of 18.05%.The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.52 billion.
About Dollarama
Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.
Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.
Further Reading
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