Latest news with #Dollarama
Yahoo
4 days ago
- Business
- Yahoo
3 Top Canadian Stocks With Healthy Growth Prospects
Written by Rajiv Nanjapla at The Motley Fool Canada The S&P/TSX Composite Index has rebounded strongly from its April lows, rising 18.2%. Easing trade tensions and favourable commentary from the Organization for Economic Co-operation and Development (OECD) on the Canadian economy have improved investors' sentiments, driving the equity markets higher. Amid rising investor confidence, I am bullish on the following three stocks, which offer healthier growth prospects. Dollarama (TSX:DOL) is a discount retailer operating 1,616 stores across Canada, with 85% of Canadians having at least one store within a 10-kilometre vicinity. The company's superior direct-sourcing model, purchasing capabilities, and efficient logistics system have helped reduce its expenses, enabling it to offer a wide array of products to its customers at competitive prices. Therefore, the Montreal-based retailer enjoys healthy same-store sales even in challenging environments. Supported by its healthy and reliable financials, the company has delivered returns of approximately 4,580% over the last 15 years, at an annualized rate of 29.2%. Moreover, Dollarama expects to increase its store network to 2,200 by the end of fiscal 2034. Considering its capital-efficient model, quick sales ramp-up, and lower store network maintenance capex requirements, these expansions could boost both its top and bottom lines. The retailer also has solid exposure to the Latin American market, with a 60.1% stake in Dollarcity, which operates 632 discount stores across the region. Meanwhile, Dollarcity continues to expand its store network, aiming to reach 1,050 by the end of fiscal 2032. Dollarama can also increase its stake to 70% by exercising its option by 2027. Furthermore, Dollarama is venturing into the Australian retail market through the acquisition of the Reject Shop. The company is working on acquiring the Australian discount retailer for $233 million and expects to complete the deal in the second half of this year. Considering these growth prospects, I am bullish on Dollarama. Second on my list would be Shopify (TSX:SHOP), which had reported a healthy first-quarter performance earlier this month. Its GMV (gross merchandise value) grew 23% to $74.8 billion, driven by the expansion of its customer base and same-store sales growth among existing merchants. Also, its topline grew 26.8% amid strong performance from subscription and merchant solutions. Despite the topline growth, the company incurred a net loss of $682 million, mainly due to a $900 million decline in its equity investments. Removing these one-time expenses, its adjusted EPS (earnings per share) stood at $0.25, a 25% increase from the previous year's quarter. Meanwhile, more small and medium-sized businesses are adopting an omnichannel selling model, thereby driving demand for Shopify's products and services. The company is developing innovative and artificial intelligence (AI)-powered products, venturing into new markets, and growing the penetration of its Shopify Payments, which could support its topline growth. The company is also utilizing AI to enhance its operational capabilities and improve operational efficiency. Considering all these factors, I believe the uptrend in Shopify's financials will continue, which will support its stock price growth. My final pick would be Celestica (TSX:CLS), which has witnessed solid buying over the last weeks, rising 98% from its previous month's lows. The company's impressive first-quarter performance and improving investors' sentiments have driven its stock price. In the recently reported first-quarter earnings, its revenue and adjusted EPS grew 20% and 44.6%, respectively. Meanwhile, the growing use of AI has increased AI-related investments, thereby driving demand for Celstica's storage and networking products. Additionally, the company is focusing on product innovation to launch new products that meet the growing needs of its customers and strengthen its market position. Despite the recent increase in its stock price, the Toronto-based company still trades at a reasonable NTM (next 12 months) price-to-sales multiple of 1.2, making it an excellent buy. The post 3 Top Canadian Stocks With Healthy Growth Prospects appeared first on The Motley Fool Canada. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $50 a share. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Don't miss out! Simply click the link below to grab your free copy and discover all 5 of these stocks now. Claim your FREE 5-stock report now! More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Rajiv Nanjapla has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool has a disclosure policy. 2025
Globe and Mail
4 days ago
- Business
- Globe and Mail
Is Dollarama Stock Worth the Investment? Here's What the Experts Say.
Explore the exciting world of Dollarama (OTC: DLMAF) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of April 23, 2025. The video was published on May 30, 2025. Should you invest $1,000 in Dollarama right now? Before you buy stock in Dollarama, consider this: Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Dollarama wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor 's total average return is978% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Anand Chokkavelu, CFA has no position in any of the stocks mentioned. Dan Caplinger has no position in any of the stocks mentioned. Jim Gillies has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Daily Telegraph
26-05-2025
- Business
- Daily Telegraph
Temu, Shein busted: Kmart drops major plan
Kmart has unveiled its war-footing plan as it bids to fight back against online giants Temu and Shein and Canadian upstart Dollarama in the battle for wallets of Aussie consumers. Newly installed Kmart Group Managing Director Aleks Spaseska has revealed the retail giant's aim to grow to $20 billion in turnover as it expands in the face of increasing competition from massive overseas outlets. Long-time competitor Big W is struggling but Temu and Shein have joined Amazon and eBay as chief competitors to Kmart's market share. While big money Canadian discount retail store Dollarama's take over of The Reject Shop will present even more commercial challenges. At the heart of Kmart's plan is expanding its popular cut price home brand Anko but also on completely reworking the retail experience for its millions and millions of Aussie customers. MORE: Price of car spot proves Australia has lost it Kmart have begun experimenting with new layouts in their stores, that bring clothing and beauty to the front of the outlets, aiming to maximise sales and turn younger customers into lifelong shoppers. The retail giant wants to expands it offerings in women's, men's and youth clothing ranges and beauty products, toys and electronics. 'The biggest difference you'll notice is in the apparel and beauty offer in the store,' Spaseska told the SMH. 'If you go into women's apparel today, you'll see we mostly sell all the tops together, the bottoms together, the dresses together. 'If you think about the way our merchants put the ranges together, it's a brand-new outfit 'When you walk the store in the new format, there's much more co-ordination through women's apparel, which allows customers to be much more inspired and helps with outfit building. 'We've also brought beauty to the front of the store as well.' MORE: Simple tasks Aussies are freaking out over Kmart's Mount Gravatt store in southern Brisbane was the first to be refurbished in the new format late last year. According to Spaseska, it is already bringing results with customers buying more items than average. Four more stores are set to follow suit next month and if that rollout is successful, every Kmart store will be refurbished in the new style. 'Those results have been stronger sales, particularly in apparel, and really pleasingly, we're seeing customers because of changes to the flow of the store, shop much more,' Spaseska said. Bigger items such as bikes and car seats will be moved off the floor room to the store rooms in stores, where customers can 'click and collect'via online, in order to make more room for clothing and beauty products. Kmart is also opening a $200m new distribution centre in Sydney's west. MORE: Bizarre feature of Hemsworth's $50m Byron Bay home Kmart has continued to do well despite the cost of living crisis, with its competitive prices on items such as $15 rice cookers. Last year Kmart beat its sales target of $10bn. Spaseska is confident Kmart will continue to do well when the economic environment improves and aims to reach $20bn in earnings over the next 10 years. 'What we can see is that Kmart is really a brand for everyone, so we've got very good levels of engagement across all customer demographics and across all levels, and they're spending with us, and we're seeing growth across all of those customer cohorts,' she told The Australian. 'The other thing I would say is, I think once customers come and they discover the product offer, the extent that they have additional disposable income in the future, there's lots of different ways to spend that, and that's what we're seeing.' MORE: Kyrgios' next big move after split from girlfriend
Yahoo
18-05-2025
- Business
- Yahoo
Investors Shouldn't Overlook The Favourable Returns On Capital At Dollarama (TSE:DOL)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Ergo, when we looked at the ROCE trends at Dollarama (TSE:DOL), we liked what we saw. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Dollarama, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.29 = CA$1.6b ÷ (CA$6.5b - CA$1.0b) (Based on the trailing twelve months to February 2025). So, Dollarama has an ROCE of 29%. That's a fantastic return and not only that, it outpaces the average of 11% earned by companies in a similar industry. View our latest analysis for Dollarama In the above chart we have measured Dollarama's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Dollarama . It's hard not to be impressed by Dollarama's returns on capital. The company has employed 108% more capital in the last five years, and the returns on that capital have remained stable at 29%. Now considering ROCE is an attractive 29%, this combination is actually pretty appealing because it means the business can consistently put money to work and generate these high returns. If Dollarama can keep this up, we'd be very optimistic about its future. On a side note, Dollarama has done well to reduce current liabilities to 16% of total assets over the last five years. This can eliminate some of the risks inherent in the operations because the business has less outstanding obligations to their suppliers and or short-term creditors than they did previously. In summary, we're delighted to see that Dollarama has been compounding returns by reinvesting at consistently high rates of return, as these are common traits of a multi-bagger. On top of that, the stock has rewarded shareholders with a remarkable 291% return to those who've held over the last five years. So while investors seem to be recognizing these promising trends, we still believe the stock deserves further research. Like most companies, Dollarama does come with some risks, and we've found 2 warning signs that you should be aware of. Dollarama is not the only stock earning high returns. If you'd like to see more, check out our free list of companies earning high returns on equity with solid fundamentals. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
DOLLARAMA CONFIRMS FISCAL 2026 FIRST QUARTER RESULTS RELEASE DATE AND HOSTING OF VIRTUAL ANNUAL SHAREHOLDERS' MEETING
MONTREAL, May 15, 2025 /CNW/ - Dollarama Inc. (TSX: DOL) ("Dollarama" or the "Corporation") will hold its annual general meeting of shareholders (the "Meeting") on Wednesday, June 11, 2025 at 9:00 a.m. (ET). The Meeting will be conducted virtually, via live audio webcast. All shareholders of record as of the close of business on April 17, 2025, regardless of geographic location, will be able to listen to the live audio webcast and submit questions. However, only registered shareholders and duly appointed proxyholders (including non-registered shareholders who have duly appointed themselves as proxyholder) will be able to vote at the Meeting during the live audio webcast. For additional information on how to attend the Meeting online and on the procedure to appoint a proxyholder, cast votes and submit questions, shareholders are invited to consult the 2025 Management Proxy Circular and other proxy-related materials, available on SEDAR+ under the Corporation's profile at and at Regardless of whether shareholders can attend the Meeting via the live audio webcast, they are strongly encouraged to vote by proxy in advance of the Meeting. Dollarama will also release its financial results for the first quarter of Fiscal 2026, covering the period from February 3, 2025 to May 4, 2025, on the same day at 7:00 a.m. (ET). Management will hold a conference call after the Meeting to discuss the results. Financial analysts are invited to ask questions by using the dial-in number provided below. Other interested parties may participate in the call on a listen-only basis via live audio webcast which will be available on Dollarama's website. Annual General Wednesday, June 11, 2025 at 9:00 a.m. (ET) Meeting Details Webcast link: Webcast replay will be available until June 10, 2026 in the "Investor Relations – Events" section of Dollarama's website. First Quarter Call Details Wednesday, June 11, 2025 at 11:00 a.m. (ET) Webcast link: Webcast replay will be available until June 10, 2026 in the "Investor Relations – Events" section of Dollarama's website. Dial-in number (for financial analysts only): Please click on the following call link and complete the online registration form Upon registering, you will be emailed the dial-in number and unique PIN to join the call. About Dollarama Founded in 1992 and headquartered in Montréal, Quebec, Canada, Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online. With stores in all Canadian provinces and two territories, our 1,616 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Our quality merchandise is sold at select fixed price points up to $5.00. Dollarama also owns a 60.1% interest in Dollarcity, a growing Latin American value retailer. Dollarcity offers a broad assortment of consumable products, general merchandise and seasonal items at select, fixed price points up to US$4.00 (or the equivalent in local currency) in 632 conveniently located stores in Colombia, Guatemala, El Salvador and Peru. View original content: SOURCE Dollarama Inc. View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
