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Dollarama Inc (DOL.TO)

DOL.TO on Toronto Stock Exchange

51.44CAD
25 Nov 2020
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Latest Key Developments (Source: Significant Developments)

Dollarama Announces Private Offering Of $300 Million Senior Unsecured Notes
Wednesday, 16 Sep 2020 

Sept 15 (Reuters) - Dollarama Inc ::DOLLARAMA ANNOUNCES PRIVATE OFFERING OF $300 MILLION SENIOR UNSECURED NOTES.DOLLARAMA INC - PRICED OFFERING OF $300 MILLION OF 1.505% SENIOR UNSECURED NOTES DUE SEPTEMBER 20, 2027.  Full Article

Dollarama Reports Fiscal 2021 Second Quarter Results
Wednesday, 2 Sep 2020 

Sept 2 (Reuters) - Dollarama Inc ::DOLLARAMA REPORTS FISCAL 2021 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE C$0.46.Q2 SALES C$1.014 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$975.7 MILLION.Q2 SAME STORE SALES ROSE 5.4 PERCENT.Q2 EARNINGS PER SHARE ESTIMATE C$0.41 -- REFINITIV IBES DATA.QTRLY SALES WERE STRONG, DRIVEN BY DEMAND FOR SUMMER SEASONAL ITEMS.STORE TRAFFIC IMPROVED WITH EACH MONTH IN QUARTER AS PROVINCIAL REOPENING PLANS UNFOLDED.AS AT SEPTEMBER 1, 2020, ONLY 83 STORES HAD REDUCED OPENING HOURS.HAD HIGHER SALES OF SUMMER SEASONAL ITEMS AS WELL AS HOUSEHOLD AND CLEANING PRODUCTS IN QUARTER.BY JUNE 19, 2020, ALL STORES HAD REOPENED BUT 107 STORES OPERATED WITH A 10% OR MORE REDUCTION IN OPENING HOURS.CORPORATION DOES NOT PROVIDE GUIDANCE FOR FISCAL 2021..HAD LOWER IN-STORE TRAFFIC, A REDUCTION IN DEMAND FOR CERTAIN PRODUCT CATEGORIES, SUCH AS PARTY SUPPLIES AND GREETING CARDS IN QUARTER.AS AT THE END OF Q1 ON MAY 3, 2020, 104 STORES REMAINED TEMPORARILY CLOSED DUE TO GOVERNMENT-MANDATED CLOSURES, PRIMARILY IN QUEBEC MALLS.CUSTOMERS REDUCED FREQUENCY OF STORE VISITS BUT PURCHASED LARGER QUANTITIES OF GOODS AT ONE TIME IN QUARTER.ESTIMATED PURCHASE PRICE FOR 50.1% INTEREST IN DOLLARCITY ADJUSTED TO US$92.7 MILLION FROM PRIOR ESTIMATE OF US$80.4 MILLION AS AT MAY 3.  Full Article

GRI Investments & CEO Neil Rossy Agreed To Sell 2.05 Mln Shares Of Dollarama
Thursday, 19 Sep 2019 

Sept 18 (Reuters) - Dollarama Inc ::SALE OF SHARES BY DOLLARAMA INSIDERS.DOLLARAMA - GRI INVESTMENTS, A PRIVATE CORPORATION CONTROLLED BY ROSSY FAMILY, & CEO NEIL ROSSY AGREED TO SELL, IN AGGREGATE, 2.05 MILLION SHARES OF CO.DOLLARAMA- GRI INVESTMENTS & NEIL ROSSY AGREED TO SELL RESPECTIVELY 1.4 MILLION & 638,931 COMMON SHARES OF CO IN BLOCK TRADES TO A FINANCIAL INSTITUTION.  Full Article

Dollarama Q2 Earnings Per Share C$0.45
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - Dollarama Inc ::DOLLARAMA REPORTS FISCAL 2020 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE C$0.45.Q2 EARNINGS PER SHARE ESTIMATE C$0.46 -- REFINITIV IBES DATA.Q2 SALES C$946.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$939.2 MILLION.QTRLY COMPARABLE STORE SALES GREW 4.7%, OVER AND ABOVE A 2.6% GROWTH PREVIOUS YEAR.SEES FISCAL 2020 COMPARABLE STORE SALES GROWTH IN RANGE OF 3.5% TO 4.5%.NARROWING FY GROSS MARGIN AS A PERCENTAGE OF SALES ANNUAL GUIDANCE TO RANGE OF 43.25% TO 43.75% UNDER IFRS 16.  Full Article

Dollarama Says Rossy Foundation Agreed To Sell 2.6 Mln Shares Of Co In Block Trade To Financial Institution
Friday, 12 Apr 2019 

April 11 (Reuters) - Dollarama Inc ::SALE OF SHARES BY DOLLARAMA INSIDER.DOLLARAMA -ROSSY FOUNDATION AGREED TO SELL 2.6 MILLION SHARES OF CO, IN A BLOCK TRADE TO FINANCIAL INSTITUTION.DOLLARAMA INC - ONCE TRADE IS SETTLED, ROSSY FOUNDATION WILL HOLD APPROXIMATELY 3.6% OF CO'S TOTAL NUMBER OF COMMON SHARES ISSUED AND OUTSTANDING.  Full Article

UPDATE 1-Dollarama beats results estimates as Canadians spend more per visit

Sept 2 Dollarama Inc beat analysts' estimates for quarterly results on Wednesday, as the Canadian discount retailer benefited from consumers spending more per visit on household and cleaning products.