Latest news with #DollaramaInc
The Market Online
05-08-2025
- Business
- The Market Online
Dollarama and its Bold Move into Australia
Canadian-based Dollarama Inc. officially closed its acquisition of Australia's The Reject Shop Altogether, the acquisition is an all-cash deal worth approximately C$233M The Reject Shop operates over 390 stores nationwide and employs over 5-thousand staff stores nationwide and employs over 5-thousand staff Alpha Ba, 'Over the past 5 years, Dollarama's stock has returned approximately 30% annually. This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice. Montreal Retail Giant Dollarama Completes a C$259M Acquisition of The Reject Shop Dollarama Inc. (TSX: DOL), Canada's premier value retailer, officially closed its acquisition of Australia's The Reject Shop on July 30, 2025, in an all‑cash deal worth approximately A$259 million (C$233 million) The takeover, approved by The Reject Shop's board and its major shareholder (Kin Group, ~20.8% stake), offered A$6.68 per share—a 108–112% premium over historical prices Headquartered in Melbourne, The Reject Shop operates over 390 stores nationwide, generated about A$852–866 million in sales in 2024, and employs over 5,000 staff. To begin with, Alpha Ba, Chief Officer at Pillow Investments, a global investment consulting firm based in Toronto defines three core dimensions of the acquisition. Firstly, Dollarama has delivered superior investment performance, seized a transformative opportunity in Australia, and now aims to drive growth through efficiency gains. Superior Investment Performance To illustrate superior investment performance, Ba states,'Over the past five years, Dollarama's stock has returned approximately 30 per cent annually, more than double The Reject Shop's 12.5 per cent,' noting Dollarama's operational efficiency and capital discipline. Alpha Ba, Partner & Chief Investment Officer, Pillow Investments In addition, Ba points out, 'We are confident that Dollarama can instill those superior management skills into The Reject Shop.' Dollarama's Transformative Opportunity in Australia At this point, with the acquisition now closed, Dollarama gains an immediate platform of nearly 400 stores. In addition, The Reject Shop's performance—sales at A$852 million in 2024—offers foot traffic and reach if re‑energized properly. Ba continues: 'The Reject Shop had been dogged by tough competition and low profitability due to poor merchandise selection and high shoplifting/shrinkage.' Dollarama: Efficiency Gains as the Growth Engine Dollarama plans to revitalize the business by leveraging improved sourcing, boosting private‑label penetration, and opening new stores at a low capital cost of under A$100K each. To further illustrate this, that expansion targets include growing store count to around 700 by 2038 — nearly doubling reach over the next decade. 'Dollarama plans to improve margins at the Reject Shop by leveraging its global sourcing, expanding its private label footprint and opening new stores in a cost-effective way.' Alpha Ba, Partner & Chief Investment Officer, Pillow Investment Another key point Ba makes is flagging the risks of the situation. These include, Australian retail volatility, cultural integration challenges, and product localization needs. To further his analysis, Ba notes this acquisition offers Dollarama a launchpad into the Asia–Pacific region. While at the same time, providing a real-time lab to scale its value-retail playbook. 'Over the past 5 years, Dollarama's stock … more than double … reflects Dollarama's superior operating performance and capital efficiency.' 'The target is for Dollarama too dramatically improve the Reject Shop's efficiency … expansion plan to 700 stores by 2038.' Alpha Ba, Partner & Chief Investment Officer, Pillow Investments To conclude, If Dollarama executes its sourcing and merchandising strategy in Australia, it could unlock significant value. This move may reshape the country's discount retail landscape. It could also boost long-term returns for shareholders. Join the discussion: Find out what the Bullboards are saying about Dollarama Inc. and check out Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
Calgary Herald
22-07-2025
- Business
- Calgary Herald
Skip to deliver from discount retailers Dollarama as it expands beyond food
Delivery app Skip has inked a partnership with Dollarama Inc. as it looks to expanding its offerings beyond food and into retail and other conveniences. Article content 'It's a natural fit, we're two homegrown Canadian organizations,' Paul Sudarsan, Skip senior vice-president for partnernships, said of the deal, which will allow Skip customers in all regions of the country in which it operates to order online from more than 1,300 Dollarama stores. Article content Article content Article content In addition to groceries, Skip users can order a wide variety of non-food products from home organization items to last-minute gifts. Article content Article content The Manitoba-based delivery app dropped 'The Dishes' from its name in October last year, going by 'Skip' now, as it expanded beyond restaurant delivery. Article content 'One of the main reasons that we dropped 'The Dishes' from our name was to showcase the market that we are the go-to destination for everyday convenience,' Sudarsan said. Article content The app has been offering deliveries from convenience stores and other retailers like pet store PetSmart. Article content The company, now owned by Dutch-based Just Eat Takeaway, got its start in the Prairies in 2012. Article content It has grown into a Canadian technology success story, serving millions of Canadians in over 450 cities and towns with more than 50,000 local restaurant, grocery, convenience and retail partners. Article content Article content 'We have customers that have different needs throughout the week, whether that is getting your favourite pizza or sushi from your favourite restaurant … or you might need pet food,' Sudarsan said. 'But you also may need a number of those everyday essentials … that's what we're launching.' Article content
Yahoo
14-06-2025
- Business
- Yahoo
Dollarama Inc. Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next
Shareholders of Dollarama Inc. (TSE:DOL) will be pleased this week, given that the stock price is up 10% to CA$194 following its latest first-quarter results. It looks like a credible result overall - although revenues of CA$1.5b were in line with what the analysts predicted, Dollarama surprised by delivering a statutory profit of CA$0.98 per share, a notable 17% above expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Taking into account the latest results, the consensus forecast from Dollarama's eleven analysts is for revenues of CA$6.78b in 2026. This reflects a reasonable 3.9% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 4.4% to CA$4.62. Before this earnings report, the analysts had been forecasting revenues of CA$6.75b and earnings per share (EPS) of CA$4.51 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates. See our latest analysis for Dollarama The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 17% to CA$197. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Dollarama analyst has a price target of CA$223 per share, while the most pessimistic values it at CA$115. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view. Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Dollarama's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 5.2% growth on an annualised basis. This is compared to a historical growth rate of 12% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 9.1% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Dollarama. The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Dollarama's earnings potential next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Dollarama going out to 2028, and you can see them free on our platform here. Plus, you should also learn about the 2 warning signs we've spotted with Dollarama . 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
Cision Canada
11-06-2025
- Business
- Cision Canada
DOLLARAMA ANNOUNCES ELECTION OF DIRECTORS Français
, June 11, 2025 /CNW/ - Dollarama Inc. (TSX: DOL) ("Dollarama") announces that the nominees listed in its management proxy circular dated April 15, 2025, were elected as directors of Dollarama at the annual meeting of shareholders held earlier today. The detailed results of the vote for the election of directors are set out below. 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 1,638 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 644 conveniently located stores in Colombia, Guatemala, El Salvador and Peru. SOURCE Dollarama Inc.
Yahoo
11-06-2025
- Business
- Yahoo
DOLLARAMA ANNOUNCES ELECTION OF DIRECTORS
MONTREAL, June 11, 2025 /CNW/ - Dollarama Inc. (TSX: DOL) ("Dollarama") announces that the nominees listed in its management proxy circular dated April 15, 2025, were elected as directors of Dollarama at the annual meeting of shareholders held earlier today. The detailed results of the vote for the election of directors are set out below. Nominee Votes For Votes Against # % # % Joshua Bekenstein 196,810,966 89.51 % 23,058,289 10.49 % Gregory David 208,412,870 94.79 % 11,456,386 5.21 % Elisa D. Garcia C. 216,063,292 98.27 % 3,805,964 1.73 % Stephen Gunn 195,124,565 88.75 % 24,744,691 11.25 % Kristin Mugford 215,199,342 97.88 % 4,669,914 2.12 % Nicholas Nomicos 199,095,039 90.55 % 20,774,066 9.45 % Neil Rossy 215,026,432 97.80 % 4,842,824 2.20 % Samira Sakhia 217,079,604 98.73 % 2,789,652 1.27 % Thecla Sweeney 216,513,729 98.47 % 3,355,527 1.53 % Huw Thomas 208,940,259 95.03 % 10,928,997 4.97 % 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 1,638 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 644 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
