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Dollarama Inc (DOL.TO)

DOL.TO on Toronto Stock Exchange

48.59CAD
19 Jul 2019
Change (% chg)

$0.03 (+0.06%)
Prev Close
$48.56
Open
$48.75
Day's High
$49.21
Day's Low
$48.49
Volume
570,295
Avg. Vol
912,195
52-wk High
$52.49
52-wk Low
$30.70

Latest Key Developments (Source: Significant Developments)

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

Dollarama Announces Specific Share Repurchase Program As Part Of Normal Course Issuer Bid
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Dollarama Inc ::DOLLARAMA ANNOUNCES SPECIFIC SHARE REPURCHASE PROGRAM AS PART OF NORMAL COURSE ISSUER BID.DOLLARAMA INC - TO REPURCHASE COMMON SHARES THROUGH DAILY PURCHASES THAT WILL TAKE PLACE BETWEEN DECEMBER 11, 2017 AND JANUARY 25, 2018.DOLLARAMA INC - PROGRAM WILL FORM PART OF A NORMAL COURSE ISSUER BID THAT PROVIDES AUTHORIZATION FOR PURCHASE OF UP TO 5.7 MILLION SHARES.  Full Article

Dollarama Reports Q3 Earnings Per Share C$1.15
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Dollarama Inc ::DOLLARAMA REPORTS THIRD QUARTER RESULTS.Q3 SALES C$810.6 MILLION VERSUS I/B/E/S VIEW C$824.4 MILLION.Q3 EARNINGS PER SHARE C$1.15.Q3 EARNINGS PER SHARE VIEW C$1.11 -- THOMSON REUTERS I/B/E/S.- QTRLY COMPARABLE STORE SALES GREW 4.6%, OVER AND ABOVE A 5.1% GROWTH PREVIOUS YEAR.- SEES FISCAL 2018 GROSS MARGIN 38.5% TO 39.5%.- SEES FISCAL 2019 GROSS MARGIN 38.0% TO 39.0%.- SEES FISCAL 2018 CAPITAL EXPENDITURES $100.0 MILLION TO $110.0 MILLION.SEES COMPARABLE STORE SALES GROWTH FOR FISCAL 2018 AND FISCAL 2019 IN RANGE OF 4.0% TO 5.0%.- SEES FISCAL 2019 CAPITAL EXPENDITURES $110.0 MILLION TO $120.0 MILLION.  Full Article

Dollarama announces plan to buy back shares through private agreements
Friday, 15 Sep 2017 

Sept 14 (Reuters) - Dollarama Inc ::Dollarama announces plan to buy back shares through private agreements.Intends to purchase for cancellation up to 450,000 of its common shares.Purchases will take place by October 27, 2017.  Full Article

Dollarama Q2 earnings per share C$1.15
Thursday, 7 Sep 2017 

Sept 7 (Reuters) - Dollarama Inc ::Dollarama reports second quarter results.Q2 sales C$812.5 million versus I/B/E/S view C$812.6 million.Q2 earnings per share C$1.15.Q2 earnings per share view C$1.04 -- Thomson Reuters I/B/E/S.Q2 same store sales rose 6.1 percent.Sees‍ gross margin of 38.0% to 39.0% in 2018​.Sees‍ 2018 capital expenditures of $100.0 million to $110.0 million ​.Dollarama Inc - ‍comparable store sales growth for fiscal 2018 in range of 4.0% to 5.0%​.  Full Article

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Dollarama to buy 50.1% stake in Latin American value retailer Dollarcity

Dollarama Inc said on Tuesday it would acquire a 50.1% stake in Latin American value retailer Dollarcity, as the Canadian discount store operator looks to expand in the region.