Shares of Dollarama Inc. (OTCMKTS:DLMAF – Get Free Report) have received an average recommendation of “Buy” from the fourteen research firms that are covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and five have assigned a strong buy recommendation to the company.
DLMAF has been the topic of several research reports. Ventum Financial upgraded Dollarama to a “strong-buy” rating in a research report on Thursday, August 20th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Scotiabank reissued an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th.
Read Our Latest Research Report on DLMAF
Dollarama Stock Performance
Dollarama (OTCMKTS:DLMAF – Get Free Report) last posted its earnings results on Thursday, June 11th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.05. Dollarama had a return on equity of 94.77% and a net margin of 17.65%.The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.34 billion. On average, analysts anticipate that Dollarama will post 3.68 EPS for the current fiscal year.
Dollarama Company Profile
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.
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