Dollarama (OTCMKTS:DLMAF – Get Free Report) was upgraded by investment analysts at National Bank Financial to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.
Several other research analysts have also weighed in on DLMAF. Canadian Imperial Bank of Commerce raised Dollarama to a “strong-buy” rating in a research report on Wednesday. Royal Bank Of Canada raised Dollarama to a “moderate buy” rating in a research note on Monday, March 16th. Scotiabank reiterated an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. TD Securities reissued a “buy” rating on shares of Dollarama in a research note on Friday, December 12th. Finally, Jefferies Financial Group upgraded Dollarama to a “strong-buy” rating in a report on Wednesday. Four investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on DLMAF
Dollarama Trading Up 1.1%
Dollarama (OTCMKTS:DLMAF – Get Free Report) last announced its earnings results on Tuesday, March 24th. The company reported $1.03 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.03. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.52 billion. Dollarama had a net margin of 18.05% and a return on equity of 96.58%.
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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