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Dollarama Inc (DOL.TO)

DOL.TO on Toronto Stock Exchange

45.88CAD
1:30am IST
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Latest Key Developments (Source: Significant Developments)

Dollarama Exec Says Co Is Seeing Seasonal Sales Picking Up In Early Q2
Wednesday, 10 Jun 2020 

June 10 (Reuters) - Dollarama Inc ::DOLLARAMA EXEC ON COVID-19 IMPACT - CO'S MALL STORES WERE MOST IMPACTED, SEEING MORE SIGNIFICANT TRAFFIC DROP THAN CO'S STREET-LEVEL ONES - CONF CALL.DOLLARAMA EXEC ON COVID-19 IMPACT - CO SAW SHARP RISE IN ONLINE SALES; ONLINE BUSINESS NOT MATERIAL TO CO'S OVERALL SALES.DOLLARAMA EXEC - CO IS SEEING SEASONAL SALES LIKE SUMMER PRODUCTS PICKING UP IN EARLY Q2.DOLLARAMA EXEC - IN Q2 RESULTS, CO WILL BE INCLUDING DOLLARCITY'S APRIL RESULTS, SO EXPECT THAT TO HAVE A NEGATIVE IMPACT.DOLLARAMA EXEC ON RECENT DEMAND - PARTY SUPPLIES, GREETING CARDS ARE DOWN; SUMMER TOYS, POOL TOYS, GARDENING ITEMS ARE STRONG.DOLLARAMA EXEC ON CHRISTMAS AND HALLOWEEN GOODS DEMAND - CO IS MORE CONSERVATIVE HOW IT BUYS CONSUMABLE THINGS LIKE CHOCOLATES AND CANDIES.DOLLARAMA EXEC SAYS HIGHER COVID-19-RELATED COSTS IS GOING TO CONTINUE INTO Q2.DOLLARAMA EXEC ON PRICE INCREASES - CO WILL BE PASSING ON SOME OF INCREASED COSTS TO CONSUMERS.DOLLARAMA EXEC ON STORE OPENINGS AMID RETAIL CLOSURES - HOPEFULLY, CO WILL HAVE OPPORTUNITIES THAT IT HASN'T HAD IN THE PAST.DOLLARAMA EXEC - EVEN IF MALL, WHERE CO'S STORES ARE LOCATED, WAS CLOSED, CO CONTINUED TO PAY RENT AND ABSORBED ALL COSTS OF PANDEMIC.DOLLARAMA EXEC ON ONLINE SALES AMID LOCKDOWNS - THERE WAS VERY NICE UPTICK IN CRAFTS AND AND OTHER PROJECT ITEMS.  Full Article

Dollarama Reports Q1 Adjusted EPS Of C$0.28
Wednesday, 10 Jun 2020 

June 10 (Reuters) - Dollarama Inc ::DOLLARAMA REPORTS FISCAL 2021 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE C$0.28 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE ESTIMATE C$0.26 -- REFINITIV IBES DATA.Q1 SALES C$844.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$839.8 MILLION.Q1 EARNINGS PER SHARE C$0.28.DOLLARAMA - AS AT MAY 3, 2020, DOLLARCITY HAD 227 STORES OPEN AND 5 STORES TEMPORARILY CLOSED, COMPARED TO 40 TEMPORARY CLOSURES IN MID-MARCH 2020.NO GUIDANCE WILL BE PROVIDED FOR FISCAL 2021 UNTIL FURTHER NOTICE.DOLLARAMA - TEMPORARY 10% WAGE INCREASE FOR ALL STORE, DISTRIBUTION CENTRE AND WAREHOUSE EMPLOYEES.DOLLARAMA - UP TO JUNE 8, 2020, HAD A TOTAL OF 20 COVID-19 STORE EMPLOYEE CASES.  Full Article

Dollarama Q4 Sales C$1.065 Bln Versus Refinitiv IBES Estimate Of C$1.06 Bln
Wednesday, 1 Apr 2020 

April 1 (Reuters) - Dollarama Inc ::DOLLARAMA REPORTS FOURTH QUARTER AND FISCAL YEAR 2020 RESULTS.Q4 EARNINGS PER SHARE C$0.57.Q4 EARNINGS PER SHARE ESTIMATE C$0.55 -- REFINITIV IBES DATA.Q4 SALES C$1.065 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.06 BILLION.COMPARABLE STORE SALES GROWTH OF 2.0%, OR 3.8% EXCLUDING IMPACT OF CALENDAR SHIFT, FOR Q4 OF FISCAL 2020.AS COVID-19 OUTBREAK RAMPED UP IN LATE FEBRUARY AND EARLY MARCH 2020, DOLLARAMA EXPERIENCED A SURGE IN THE NUMBER OF TRANSACTIONS.SUSPENDING GUIDANCE FOR FISCAL 2021.DOLLARAMA - SPECIFICALLY WITHDRAWING GUIDANCE PROVIDED TO DATE WITH RESPECT TO DOLLARCITY'S CONTRIBUTION TO CO'S DILUTED NET EPS FOR FISCAL 2021.DOLLARAMA - AS AT MARCH 30, 2020, 1,237 DOLLARAMA STORES OUT OF 1,291 LOCATIONS ACROSS CANADA ARE OPEN AND OPERATIONAL.DOLLARAMA- AFTER HALTING PRODUCTION FOR NUMBER OF WEEKS IN FEB DUE TO COVID-19, OVERSEAS SUPPLIERS HAVE RESUMED OPERATIONS, CONTINUE TO RAMP UP PRODUCTION.  Full Article

Dollarama Inc Exec Does Not See Any Markups Coming In The Near Future - Conf Call
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - Dollarama Inc ::EXEC SAYS THE CALENDAR SHIFT IS A POSITIVE FOR Q3, BUT CREATES HEADWINDS FOR Q4 - CONF CALL.EXEC - Q3 CAPEX TOTALED $39.8 MILLION VERSUS $33 MILLION THE PRIOR YEAR, WITH THE INCREASE ATTRIBUTABLE TO MORE STORE OPENINGS QUARTER-OVER-QUARTER.EXEC - WE'RE NOT SEEING ANY INFLATION IN OUR COMPETITORS AND FOR THE MOMENT, WE DON'T SEE ANY MARKUPS COMING IN THE NEAR FUTURE.EXEC - WE ARE PILOTING (SELF CHECKOUTS) CAREFULLY TO MEASURE ADDITIONAL REVENUES THAT WE GET FROM THE INITIATIVE.EXEC ON INTRODUCING PRICE POINTS ABOVE $4 - THERE IS NO INTENTION OF THIS YEAR, MOST LIKELY NOT NEXT YEAR..  Full Article

Dollarama Q3 Earnings Per Share Estimate C$0.45 -- Refinitiv Ibes Data
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - Dollarama Inc ::DOLLARAMA REPORTS FISCAL 2020 THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE C$0.44.Q3 SALES C$947.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$936.8 MILLION.Q3 EARNINGS PER SHARE ESTIMATE C$0.45 -- REFINITIV IBES DATA.FULL-YEAR FISCAL 2020 COMPARABLE STORE SALES ASSUMPTION NARROWED TO A RANGE OF 4.0% TO 4.5%.ON TRACK TO MEET FISCAL 2020 FINANCIAL GUIDANCE ON KEY METRICS.LOOKING TOWARDS Q4, CO ON TRACK TO OPEN 60 TO 70 NET NEW STORES BY FISCAL YEAR-END.IN QUARTER, COMPARABLE STORE SALES INCREASED 5.3%.21 NET NEW STORE OPENINGS IN QUARTER, BRINGING TOTAL STORE COUNT ACROSS CANADA TO 1,271 AT QUARTER END.  Full Article

Dollarama To Acquire 50.1% Interest In Latin American Value Retailer Dollarcity
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Dollarama Inc ::DOLLARAMA TO ACQUIRE 50.1% INTEREST IN LATIN AMERICAN VALUE RETAILER DOLLARCITY, ESTABLISHING SECOND GROWTH PLATFORM.DOLLARAMA INC - ESTIMATED PURCHASE PRICE IN RANGE OF US$85M TO US$95M, INCLUDING AN UPFRONT PAYMENT OF US$40M AT CLOSING.DOLLARAMA INC - CLOSING EXPECTED TO OCCUR IN AUGUST 2019.DOLLARAMA INC - TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO DOLLARAMA'S EARNINGS: +CA$0.02-0.03 PER SHARE FOR REMAINDER OF FISCAL 2020.DOLLARAMA INC - DOLLARAMA WILL ACCOUNT FOR ITS INVESTMENT IN DOLLARCITY BASED ON EQUITY METHOD..DOLLARAMA INC - DOLLARCITY STOCKHOLDERS WILL BE COMPRISED OF DOLLARAMA, WITH 50.1% OWNERSHIP, AND DOLLARCITY FOUNDING GROUP, WITH 49.9% OWNERSHIP..DOLLARAMA INC - DOLLARCITY BOARD OF DIRECTORS WILL BE COMPOSED OF FIVE DIRECTORS.DOLLARAMA INC - DOLLARCITY BOARD OF DIRECTORS WILL BE COMPOSED OF FIVE DIRECTORS, THREE DOLLARAMA REPRESENTATIVES AND TWO REPRESENTATIVES OF DOLLARCITY FOUNDING GROUP..DOLLARAMA INC - TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO DOLLARAMA'S EARNINGS: +CA$0.05-0.07 PER SHARE IN FISCAL 2021.  Full Article

Dollarama Reports Q1 Earnings Per Share Of C$0.33
Thursday, 13 Jun 2019 

June 13 (Reuters) - Dollarama Inc ::DOLLARAMA REPORTS FISCAL 2020 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE C$0.33.Q1 EARNINGS PER SHARE ESTIMATE C$0.34 -- REFINITIV IBES DATA.Q1 SALES C$828 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$813.1 MILLION.5.8% INCREASE IN COMPARABLE STORE SALES IN QUARTER.CONTINUES TO ASSESS PROGRESS OF ITS PARTNERSHIP WITH DOLLAR CITY IN LATIN AMERICA..Q1 SAME STORE SALES ROSE 5.8 PERCENT.SEES FISCAL 2020 COMPARABLE STORE SALES GROWTH IN RANGE OF 3.0% TO 4.0%, REVISED UPWARDS.SEES FISCAL 2020 GROSS MARGIN UNDER IFRS 16, 43.25% TO 44.25%.SEES FISCAL 2020 CAPEX $130 - $140 MILLION.  Full Article

Dollarama Q4 Earnings Per Share C$0.54
Thursday, 28 Mar 2019 

March 28 (Reuters) - Dollarama Inc ::DOLLARAMA REPORTS FOURTH QUARTER AND FISCAL YEAR 2019 RESULTS.Q4 EARNINGS PER SHARE C$0.54.Q4 EARNINGS PER SHARE ESTIMATE C$0.55 -- REFINITIV IBES DATA.Q4 SALES C$1.06 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.07 BILLION.QUARTERLY CASH DIVIDEND INCREASED 10.0% TO $0.044 PER COMMON SHARE.COMPARABLE STORE SALES GREW 2.6% IN Q4 OF FISCAL 2019.DOLLARAMA - QTRLY COMPARABLE STORE SALES GREW 2.6%.33 NET NEW STORES OPENED DURING Q4 FOR A TOTAL OF 65 FOR YEAR.DOLLARAMA - SEES 2020 CAPEX $130.0 MILLION TO $140.0 MILLION.SEES 2020 GROSS MARGIN 38.0% TO 39.0%.DOLLARAMA - SEES 2020 COMPARABLE STORE SALES GROWTH IN THE RANGE OF 2.5% TO 3.5%.SEES 2020 EBITDA MARGIN 23.25% TO 24.75%.SEES 60 TO 70 NET NEW STORE OPENINGS IN FISCAL 2020.  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.