Dollarama Inc

DOL

Equity

ISIN CA25675T1075 / Valor 10644617

Toronto Stock Exchange (2025-03-12)

CAD 149.43-1.09%

Dollarama Inc
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About company

Dollarama Inc. is a Canadian value retailer founded in 1992 by Larry Rossy, offering a wide range of general merchandise, consumables, and seasonal items at low, fixed price points. With over 1,000 locations across Canada, Dollarama has become a household name and shopping destination for Canadians. The company's simple business model and compelling product offering have resonated well with customers, leading to its rapid growth and expansion. In 2019, Dollarama acquired a majority stake in Latin American value retailer Dollarcity, marking the launch of its second growth platform outside of Canada. Dollarcity aims to reach 600 stores by 2029, with a focus on expanding in Colombia, Guatemala, and El Salvador. Dollarama's long-term target is to have 1,700 stores in operation by 2027, reflecting its commitment to providing customers with a consistent shopping experience and compelling value.

Summarized from source with an LLMView SourceSector: Consumer Services

Sales Growth

In the third quarter of fiscal 2025, Dollarama Inc. reported a sales increase of 5.7%, reaching $1,562.6 million compared to $1,477.7 million in the same period of the previous year. This growth was attributed to an increase in the total number of stores and a 3.3% rise in comparable store sales.

Net Earnings

Dollarama Inc. saw a 5.6% increase in net earnings for the third quarter of fiscal 2025, totaling $275.8 million. This resulted in a 6.5% rise in diluted net earnings per common share, which reached $0.98, compared to $0.92 in the third quarter of fiscal 2024.

EBITDA and Margins

The company's EBITDA for the third quarter of fiscal 2025 increased by 6.5% to $509.7 million, with an EBITDA margin of 32.6%. This is a slight improvement from the 32.4% margin reported in the same quarter of the previous year.

Store Expansion

During the third quarter of fiscal 2025, Dollarama Inc. opened 18 net new stores, bringing the total number of stores to 1,601 as of October 27, 2024. The company has also increased its long-term store target in Canada to 2,200 stores by 2034.

Dividend Announcement

Dollarama Inc. declared a quarterly cash dividend of $0.0920 per common share, payable on February 7, 2025, to shareholders of record as of January 10, 2025. This dividend is designated as an "eligible dividend" for Canadian tax purposes.

Summarized from source with an LLMView Source

Key figures

42.4%1Y

116%3Y

296%5Y

Performance

22.9%1Y

21.7%3Y

23.6%5Y

Volatility