|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||37.33 - 37.33|
|52 Week Range||22.55 - 38.90|
|Beta (3Y Monthly)||0.73|
|PE Ratio (TTM)||30.65|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
While small-cap stocks, such as The Delma Group Inc. (CNSX:DLMA) with its market cap of CA$14m, are popular for their...
MONTREAL, July 3, 2019 /PRNewswire/ - Dollarama Inc. (DOL.TO) ("Dollarama" or the "Corporation") announced today that it received approval from the Toronto Stock Exchange ("TSX") to renew its normal course issuer bid in order to purchase for cancellation up to 15,737,468 of its common shares, representing 5.0% of the 314,749,377 common shares issued and outstanding as at the close of markets on July 2, 2019, during the 12-month period starting on July 5, 2019 and ending no later than July 4, 2020. Purchases will be conducted through the facilities of the TSX and through alternative trading systems such as prearranged crosses, exempt offers and block purchases. Dollarama may also purchase common shares for cancellation by way of private agreements or specific share repurchase programs under issuer bid exemption orders issued by a securities regulatory authority.
The deal is expected to add to Dollarama's earnings per share in the range of 2 Canadian cents to 3 Canadian cents for the rest of fiscal year ending Feb. 2, and 5 Canadian cents to 7 Canadian cents in fiscal 2021. In February 2013, Dollarama entered into an agreement with Dollarcity to share its business expertise and provide sourcing, which also included an option for the former to acquire a 50.1% stake. Dollarcity's board will consist of five directors - three from Dollarama and two from Dollarcity's founding group.
Canadian discount retailer Dollarama Inc beat quarterly revenue estimates and raised its full-year comparable sales forecast on Thursday, as the company held back on aggressive price hikes, sending its shares surging 10%. Dollarama, whose products are priced between C$1 and C$4, has been keeping price increases to a minimum as it tries to fend off rivals such as Walmart Inc's Canada unit and Dollar Tree Inc. The company cited strong demand for its Easter products among reasons for the higher same-store sales.
Canadian discount chain Dollarama Inc narrowly missed quarterly estimates for profit and same-store sales on Thursday, hurt by severe competition and a softening economy that prevented the company from raising prices. 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 benefitting from consumers opting for more of their shopping with cheaper retailers in the wake of weakening Canadian economy.
Canadian discount chain Dollarama Inc on Thursday reported a 6 percent rise in quarterly profit, as shoppers spent more at its dollar stores. The retailer's comparable store sales for the fourth quarter ...
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Dollarama, Inc. (“Dollarama” or the “Company”) (OTCMKTS: DLMAF) investors concerning the Company and its officers’ possible violations of federal securities laws.
Canadian discount store chain Dollarama Inc on Thursday reported lower-than-expected quarterly profit and revenue, as it faces stiff competition from U.S.-based Dollar Tree Inc, which has been aggressively ...
Canadian discount store chain Dollarama Inc reported a 2.7 percent rise in quarterly profit on Thursday, as customers spent more at its stores. The Montreal-based company's net income rose to C$133.5 million ...
NEW YORK, NY / ACCESSWIRE / November 23, 2018 / Pomerantz LLP is investigating claims on behalf of investors of Dollarama, Inc. ("Dollarama" or the "Company") (DLMAF). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. The investigation concerns whether Dollarama and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
NEW YORK, NY / ACCESSWIRE / November 13, 2018 / Pomerantz LLP is investigating claims on behalf of investors of Dollarama, Inc. ("Dollarama" or the "Company") (OTC PINK: DLMAF). Such ...
Law Offices of Howard G. Smith announces an investigation on behalf of Dollarama, Inc. (“Dollarama” or the “Company”) (OTCMKTS: DLMAF) investors concerning the Company and its officers’ possible violations of federal securities laws. The investigation concerns whether Dollarama and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On October 31, 2018, Spruce Point Capital Management published a report alleging "[q]uestionable accounting and governance practices [that] cast doubt on management and the underlying health of the business". On this news, shares of Dollarama fell $2.02 per share, or 7%, to close at $27.08 on October 31, 2018, thereby investors.
NEW YORK, Oct. 31, 2018 -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Dollarama.
Spruce Point Capital Management, which focuses on in-depth research of companies' vulnerabilities, sees room for Dollarama Inc's stock price to tumble roughly 40 percent after the Canadian retailer raised prices and fewer customers are shopping at its stores. "Spruce Point believes Dollarama is a 'strong sell' with an approximately 40 percent downside risk," Ben Axler, who runs the hedge fund, said at an investment conference on Tuesday, according to a person familiar with his presentation. Axler presented the idea at the Robin Hood Investors Conference in New York and is expected to release a report detailing the company's problems on Wednesday.
Dollarama Inc. is hitting a slow patch. The Montreal-based dollar store, which has gotten investors used to a regular stream of good news, lowered its forecast for comparable store sales this year after a second-straight quarter of below-expectations growth. The sales forecast cut is “problematic,” according to Raymond James Financial Inc. analyst Kenric Tyghe.
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Canadian discount store chain Dollarama Inc missed analysts' estimates for second-quarter profit and comparable-store sales on Thursday, hit by lower sales during the Canada Day weekend. Same-store sales ...
Canadian discount store chain Dollarama Inc reported a 7.6 percent rise in quarterly profit on Thursday driven by an increase in comparable sales as customers spent more at its stores. The Montreal-based ...