Dollarama (OTCMKTS:DLMAF – Get Free Report) was upgraded by equities researchers at National Bank Financial to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.
A number of other equities research analysts have also recently issued reports on DLMAF. Jefferies Financial Group upgraded shares of Dollarama to a “strong-buy” rating in a research report on Wednesday. Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a research report on Monday, March 16th. Canadian Imperial Bank of Commerce raised shares of Dollarama to a “strong-buy” rating in a research note on Wednesday. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. Finally, TD Securities reiterated a “buy” rating on shares of Dollarama in a research note on Friday, December 12th. Four equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.
View Our Latest Stock Report on DLMAF
Dollarama Price Performance
Dollarama (OTCMKTS:DLMAF – Get Free Report) last released its quarterly earnings data on Tuesday, March 24th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.01. Dollarama had a return on equity of 96.58% and a net margin of 18.05%.The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.52 billion.
Key Dollarama News
Here are the key news stories impacting Dollarama this week:
- Positive Sentiment: Canadian Imperial Bank of Commerce upgraded Dollarama to “strong-buy,” signaling increased analyst conviction in the company’s outlook. Zacks.com
- Positive Sentiment: TD Securities also raised its rating to “strong-buy,” adding another institutional endorsement that could support demand for the shares. Zacks.com
- Positive Sentiment: National Bank Financial upgraded Dollarama to “strong-buy,” reinforcing a broader, same-day shift among Canadian brokers toward a bullish stance. Zacks.com TickerReport
- Positive Sentiment: Jefferies Financial Group upgraded the stock to “strong-buy,” joining the cluster of upgrades that may reflect improving analyst views on margins, cash flow or market positioning. Zacks.com TickerReport
- Neutral Sentiment: Quarterly results were mixed: Dollarama reported $1.03 EPS (in line with consensus) but revenue of $1.51B slightly missed estimates of $1.52B. Profitability metrics remain strong (net margin ~18%, ROE high), so earnings neither surprised positively nor materially worsened the story. MarketBeat
- Negative Sentiment: Despite the analyst upgrades, the stock is under pressure—partly because the quarter’s revenue shortfall is a reminder of sensitivity to traffic and consumption trends, and the shares trade with a rich P/E and leverage profile that can amplify downside risk if growth softens. (Background price/metrics cited by market summaries.)
Dollarama Company Profile
Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.
Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.
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