Dollarama Inc.

DOL-T

TSE:DOL

45.51
0.33 (0.73%)
Dollarama Inc. is a Canadian dollar store retail chain headquartered in Montreal. Since 2009, it has been Canada's largest retailer of items for four dollars or less.
More at Wikipedia

Analysis and Opinions about DOL-T

Signal
Opinion
Expert
HOLD
HOLD
November 20, 2019
He's not following consumer discretionary, but if the economy weakens, look at this as a hedge. Otherwise, wait.
Dollarama Inc. (DOL-T)
November 20, 2019
He's not following consumer discretionary, but if the economy weakens, look at this as a hedge. Otherwise, wait.
Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$47.210
Owned
Unknown
WEAK BUY
WEAK BUY
November 14, 2019
Great story. They're great at price increases and sourcing new products. Last year has been a bit slower. Rebalancing their products. Expansion in South America is smart. Great dividend, own for a long time. Reasonable valuation at these levels.
Dollarama Inc. (DOL-T)
November 14, 2019
Great story. They're great at price increases and sourcing new products. Last year has been a bit slower. Rebalancing their products. Expansion in South America is smart. Great dividend, own for a long time. Reasonable valuation at these levels.
James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$46.380
Owned
No
TOP PICK
TOP PICK
November 13, 2019
Best operator in the tough retail space with 1,250 Canadian stores with the aim of growing to 1,700. They're very good at price sharply and build traffic and basket size. They buyback shares and recently struck a deal to buy a majority in Dollar City in Latin America; this accelerates their growth in faster-growing geographies. Great secular growth. (Analysts’ price target is $50.77)
Dollarama Inc. (DOL-T)
November 13, 2019
Best operator in the tough retail space with 1,250 Canadian stores with the aim of growing to 1,700. They're very good at price sharply and build traffic and basket size. They buyback shares and recently struck a deal to buy a majority in Dollar City in Latin America; this accelerates their growth in faster-growing geographies. Great secular growth. (Analysts’ price target is $50.77)
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$46.790
Owned
Yes
WATCH
WATCH
November 11, 2019
He is not sure it is going to have as much growth as other publicly traded stores of this kind. They are considering an ownership position in a Latin American chain. He would not consider it until they do this.
Dollarama Inc. (DOL-T)
November 11, 2019
He is not sure it is going to have as much growth as other publicly traded stores of this kind. They are considering an ownership position in a Latin American chain. He would not consider it until they do this.
Teal Linde
Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report
Price
$46.750
Owned
No
BUY
BUY
November 1, 2019
He bought it around 37-38$. It's come back to a reasonable level. It is still expensive, but it has a nice growth rate. They are opening up stores in South America, and there is still growth in Canada. It can be a good place to enter here.
Dollarama Inc. (DOL-T)
November 1, 2019
He bought it around 37-38$. It's come back to a reasonable level. It is still expensive, but it has a nice growth rate. They are opening up stores in South America, and there is still growth in Canada. It can be a good place to enter here.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$44.310
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
October 30, 2019
It's pulled back since the summer. Was once a top pick. It's been a rollercoaster with talk of competition. It's one of the best recession-proof stocks around. He won't add to it until there is a pullback.
Dollarama Inc. (DOL-T)
October 30, 2019
It's pulled back since the summer. Was once a top pick. It's been a rollercoaster with talk of competition. It's one of the best recession-proof stocks around. He won't add to it until there is a pullback.
Andrew Pyle
Senior wealth advisor and portfolio manager, The Pyle Group, Scotia Wealth Mgt.
Price
$44.400
Owned
Yes
COMMENT
COMMENT
October 24, 2019

Likes the space. Will do well in a slowdown. Instead he owns Dollar General, which has performed extremely well. Broke above 200-day in April of this year. Has floated down recently because of profit taking. Not cheap, but has moved well compared to the TSX. Recession resilient.

Dollarama Inc. (DOL-T)
October 24, 2019

Likes the space. Will do well in a slowdown. Instead he owns Dollar General, which has performed extremely well. Broke above 200-day in April of this year. Has floated down recently because of profit taking. Not cheap, but has moved well compared to the TSX. Recession resilient.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$0.000
Owned
No
HOLD
HOLD
October 17, 2019

A brilliantly run business but the PE is too high for him. It is one of the few retailers that does not compete with AMZN-Q. Growth is slowing because they can't keep opening more stores. He has total respect for the company but it is rather expensive.

Dollarama Inc. (DOL-T)
October 17, 2019

A brilliantly run business but the PE is too high for him. It is one of the few retailers that does not compete with AMZN-Q. Growth is slowing because they can't keep opening more stores. He has total respect for the company but it is rather expensive.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$46.340
Owned
Unknown
COMMENT
COMMENT
October 15, 2019
Trading so high above its fundamental value. DOL doesn't really have a real balance sheet, no real equity. $15.86 is his target price, 66% below the current price. But this should be in a long-term portfolio, because people will pay anything for growth and he sees growth here.
Dollarama Inc. (DOL-T)
October 15, 2019
Trading so high above its fundamental value. DOL doesn't really have a real balance sheet, no real equity. $15.86 is his target price, 66% below the current price. But this should be in a long-term portfolio, because people will pay anything for growth and he sees growth here.
Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$47.390
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
September 23, 2019
(A Top Pick Sep 24/18, Up 14%) A core holding. Very well-run. They tripped with weak same-store sales last year, but the valuation became attractive. They exercised their option to buy Dollar City (in Latin America) which the market overlooked. This will add to growth. They can continue to grow in Canada, too, and buy back shares. One of the best retailers in Canada.
Dollarama Inc. (DOL-T)
September 23, 2019
(A Top Pick Sep 24/18, Up 14%) A core holding. Very well-run. They tripped with weak same-store sales last year, but the valuation became attractive. They exercised their option to buy Dollar City (in Latin America) which the market overlooked. This will add to growth. They can continue to grow in Canada, too, and buy back shares. One of the best retailers in Canada.
Jason Del Vicario
Portfolio Manager, HollisWealth
Price
$47.730
Owned
Yes
BUY
BUY
September 20, 2019
It has a lot of growth potential. They haven’t been growing by inflation, though they missed their last quarter. They are doing fine with same store growth, and it’s a nice high growth name. It trades at 22 times which is pricey. With this kind of growth, you can still buy into it. In a recession, you want this in your portfolio.
Dollarama Inc. (DOL-T)
September 20, 2019
It has a lot of growth potential. They haven’t been growing by inflation, though they missed their last quarter. They are doing fine with same store growth, and it’s a nice high growth name. It trades at 22 times which is pricey. With this kind of growth, you can still buy into it. In a recession, you want this in your portfolio.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$47.960
Owned
Unknown
COMMENT
COMMENT
September 16, 2019

They saturated Canada with stores, but are now adding higher-value goods in the store with prices up to $5. The glory days of growth are over and this will be a cyclical retailer. It's okay to hold it, but not as a core holding. He prefers Aritzia.

Dollarama Inc. (DOL-T)
September 16, 2019

They saturated Canada with stores, but are now adding higher-value goods in the store with prices up to $5. The glory days of growth are over and this will be a cyclical retailer. It's okay to hold it, but not as a core holding. He prefers Aritzia.

Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$46.730
Owned
Unknown
PARTIAL SELL
PARTIAL SELL
September 9, 2019
Some other companies have successfully moved into central America. DOL-T has a formula that has worked for them. He would take some profit along the way here. It has always looked rather expensive.
Dollarama Inc. (DOL-T)
September 9, 2019
Some other companies have successfully moved into central America. DOL-T has a formula that has worked for them. He would take some profit along the way here. It has always looked rather expensive.
Michael Sprung
President, Sprung Investment Management
Price
$48.900
Owned
No
PAST TOP PICK
PAST TOP PICK
September 3, 2019
(A Top Pick May 29/19, Up 15%) He still likes it, but it's getting pricey so he may lighten up on it. Definitely want to own this going into a recession, more so than say Canadian Tire.
Dollarama Inc. (DOL-T)
September 3, 2019
(A Top Pick May 29/19, Up 15%) He still likes it, but it's getting pricey so he may lighten up on it. Definitely want to own this going into a recession, more so than say Canadian Tire.
Andrew Pyle
Senior wealth advisor and portfolio manager, The Pyle Group, Scotia Wealth Mgt.
Price
$49.570
Owned
Yes
BUY
BUY
August 15, 2019

It has done well and if the position is too large, trim it back. It has done a phenomenal job because they are one of the few that does not compete with AMZN-Q. The issue they are facing is that it is getting tougher to find more locations to open new stores. They made an acquisition elsewhere and will find out if they can execute that well. It is probably a recession proof stock in Canada. They have strong management.

Dollarama Inc. (DOL-T)
August 15, 2019

It has done well and if the position is too large, trim it back. It has done a phenomenal job because they are one of the few that does not compete with AMZN-Q. The issue they are facing is that it is getting tougher to find more locations to open new stores. They made an acquisition elsewhere and will find out if they can execute that well. It is probably a recession proof stock in Canada. They have strong management.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$49.710
Owned
Unknown
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