Latest news with #Dollarcity
Yahoo
6 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
Cision Canada
15-05-2025
- Business
- Cision Canada
DOLLARAMA CONFIRMS FISCAL 2026 FIRST QUARTER RESULTS RELEASE DATE AND HOSTING OF VIRTUAL ANNUAL SHAREHOLDERS' MEETING Français
, 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. 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. SOURCE Dollarama Inc.
Yahoo
16-04-2025
- Business
- Yahoo
3 TSX Stocks Showing Strong Momentum in Which I'd Invest $7,000
Written by Rajiv Nanjapla at The Motley Fool Canada This year, the Canadian equity markets have been under pressure amid the ongoing trade war and uncertainty over its impact on global economic growth. The S&P/TSX Composite Index is down 4.1% year-to-date. However, despite the uncertain outlook, the following three stocks have delivered solid returns this year and could continue to outperform, thus making them excellent buys in this uncertain outlook. Dollarama (TSX:DOL), a Canadian discount retailer, has delivered impressive returns of 19.4% this year amid solid performances and growth initiatives. Its topline grew 9.3% in the fiscal year 2025, with its same-store sales rising by 4.6%. Compelling value offerings across its broad assortment of customer products continued to attract customers despite the challenging macro environment, boosting its same-store sales. The discount retailer opened 65 new stores during the fiscal year, raising its store count to 1,616. Further, the company's EBITDA (earnings before interest, tax, depreciation, and amortization) grew by 14%, while its EBITDA margin expanded from 31.7% to 33.1%. Amid its solid cash flows, the company repurchased 8.1 million shares for $1.1 billion, lowering its outstanding share count and driving its EPS (earnings per share). Its diluted EPS grew by 16.9% to $4.16. Moreover, Dollarama continues to expand its footprint and expects to increase its store count to 2,200 over the next nine years. The company also has a healthy presence in Latin America through its subsidiary, Dollarcity. Meanwhile, Dollarcity has planned to add another 418 stores over the next six years, raising its store count to 1,050 by the end of the fiscal year 2031. Further, Dollarama is working on acquiring The Reject Shop for $233 million, which could expand its presence in Australia. Considering its growth prospects and solid financials, I expect Dollarama to deliver superior returns in the long run. Second on my list is Waste Connections (TSX:WCN), which has returned 10.3% year-to-date. The waste solution provider's solid underlying business, continued acquisitions, and healthy growth prospects have strengthened investors' confidence, driving its stock price. Its topline grew by 11.2% in 2024 , while adjusted net income increased by 14.6%. The improvement in employee engagement and retention and the continued integration of acquired entities boosted its financials. Besides, the company generated $2.2 billion of cash from its operating activities and $1.2 billion of free cash flows. Fortis (TSX:FTS), which has returned over 11% year-to-date, would be my final pick. Given its highly regulated and low-risk utility business, its financials are less prone to broader economic cycles, thus delivering stable and predictable financials and cash flows. Further, investors' optimism that falling interest rates could lower its interest expenses and drive its profitability has supported its stock price growth. Moreover, Fortis plans to invest around $26 billion to grow its rate base by $14 billion to $53 billion by 2029, representing an annualized growth rate of 6.5%. With the company expecting to generate around 70% of these investments from internal operations and a dividend reinvestment plan, these investments would not substantially raise its debt levels. Also, favourable rate revisions and improved operating performances could support its financial growth in the coming years. Amid these healthy growth prospects, Fortis's management expects to raise its dividends by 4–6% annually through 2029. Considering all these factors, I believe Fortis could outperform in this uncertain outlook. The post 3 TSX Stocks Showing Strong Momentum in Which I'd Invest $7,000 appeared first on The Motley Fool Canada. Before you buy stock in Dollarama, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Dollarama wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $20,697.16!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 29 percentage points since 2013*. See the Top Stocks * Returns as of 3/20/25 More reading Best Canadian Stocks to Buy in 2025 Market Volatility Toolkit 4 Secrets of TFSA Millionaires 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 recommends Fortis. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Yahoo
21-02-2025
- Business
- Yahoo
DOLLARAMA TO REPORT FOURTH QUARTER AND FISCAL YEAR 2025 RESULTS
MONTREAL, Feb. 21, 2025 /CNW/ - Dollarama Inc. (TSX: DOL) will release its financial results for the fourth quarter and fiscal year ended February 2, 2025, on Thursday, April 3, 2025 at 7:00 a.m. (ET). Management will hold a conference call on the same day 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. Call Details Thursday, April 3, 2025, at 10:30 a.m. (ET)Webcast link: Webcast replay will be available until April 2, 2026 in the "Investor Relations - Events - Archives" section of Dollarama's 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 Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online. Our 1,601 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Select products are also available, by the full case only, through our online store at 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 588 conveniently located stores in Colombia, Guatemala, El Salvador and Peru. View original content: SOURCE Dollarama Inc. View original content:
Yahoo
08-02-2025
- Business
- Yahoo
Got $5,000? Buy This Canadian Stock Before Trump's Tariffs Take Effect
Written by Amy Legate-Wolfe at The Motley Fool Canada With Donald Trump's return to the U.S. presidency, businesses and investors alike are bracing for potential economic shifts. One of the key policies expected to make waves is the implementation of new tariffs on imports from Canada, Mexico, and China. According to Trump's recent statements, a 25% tariff on Canadian and Mexican imports, along with a 10% tariff on Chinese goods, is set to take effect next month. For Canadian consumers, this could mean one thing: rising prices. And when prices climb, shoppers flock to discount retailers. That's why Dollarama (TSX:DOL) is a stock worth considering before these tariffs take hold. Dollarama stock has long been a favourite among Canadian shoppers looking for affordability. But it could see even greater demand as inflationary pressures and tariffs drive prices higher. The company, which operates over 1,500 stores nationwide, specializes in low-cost products ranging from household essentials to seasonal goods. Unlike many retailers that rely heavily on premium-priced imports, Dollarama stock has a strong supply chain with bulk purchasing power to keep costs low. If you needed further proof of Dollarama stock's resilience, just look at its latest earnings report. The company's third-quarter results for fiscal 2025 showed a 5.7% increase in net sales, climbing to $1.6 billion. Even more impressive, net earnings per share rose 6.5% to $0.98 – a testament to the company's ability to maintain strong margins despite rising costs. With a quarterly revenue growth rate of 7.4% year over year, Dollarama stock continues to outperform many of its retail competitors. In terms of profitability, the company maintains an enviable operating margin of 25.6%, with a net profit margin of 17.9%. These figures reflect Dollarama's disciplined cost management and efficient supply chain operations. These help it maintain high profitability even in challenging economic environments. Additionally, the retailer has a return on equity of 156.5%, a figure that significantly outpaces most of its peers. Beyond its current success, Dollarama stock is setting its sights on long-term expansion. The company recently revised its store count target, aiming to open 2,200 locations across Canada by 2034, up from the previous goal of 2,000 by 2031. This signals confidence in the sustainability of demand for its low-cost goods, as well as its ability to capture a larger share of the market. Furthermore, Dollarama stock has continued to expand its international footprint through its investment in Latin American discount retailer Dollarcity. The move gives it access to a rapidly growing consumer base in Colombia, Guatemala, El Salvador, and Peru. This diversification could provide an extra growth avenue, particularly if domestic economic conditions become more challenging. One of the biggest concerns surrounding Trump's proposed tariffs is how they will affect Canadian businesses and consumers. Historically, tariffs have led to increased costs for goods imported into the U.S. and Canada alike, as many manufacturers and suppliers operate cross-border supply chains. While this is bad news for many retailers, Dollarama stock could be one of the rare beneficiaries. Dollarama stock has been on an impressive run. Over the past year, shares have climbed nearly 40%, significantly outperforming the TSX. The stock currently trades at approximately $138 per share, with a forward price-to-earnings (P/E) ratio of 27.2. While this valuation is higher than some traditional retailers, it reflects the company's strong growth prospects and defensive positioning in uncertain economic times. For investors with $5,000 to put to work in the market, Dollarama stock presents an intriguing opportunity. The combination of tariff-induced inflation, strong financials, and an expanding store footprint makes it a compelling stock to own. While the stock has already seen significant gains, it remains well-positioned for further growth as economic conditions push more shoppers toward discount retailers. With economic uncertainty on the horizon and rising costs making affordability a top priority for Canadians, Dollarama stock stands out as a stock that could benefit significantly from changing consumer behaviours. Its latest earnings show strong momentum, its expansion plans are ambitious, and its ability to adapt to economic shifts has been proven time and again. The post Got $5,000? Buy This Canadian Stock Before Trump's Tariffs Take Effect appeared first on The Motley Fool Canada. Before you buy stock in Dollarama, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Dollarama wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $18,750.10!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 35 percentage points since 2013*. See the Top Stocks * Returns as of 1/22/25 More reading 10 Stocks Every Canadian Should Own in 2024 [PREMIUM PICKS] It's Time to Buy: 1 Canadian Stock That Hasn't Been This Cheap in Years Where to Invest Your $7,000 TFSA Contribution 3 No-Brainer TSX Stocks to Buy With $300 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe 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. 2025 Sign in to access your portfolio
