Dollarama (DLMAF) Projected to Post Earnings on Thursday

Dollarama (OTCMKTS:DLMAF) is expected to issue its resultson Thursday, June 11th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $1.34 billion for the quarter.

Dollarama (OTCMKTS:DLMAF) last released its quarterly earnings results on Tuesday, March 24th. The company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.01. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.52 billion. Dollarama had a net margin of 18.05% and a return on equity of 94.85%. On average, analysts expect Dollarama to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Dollarama Trading Down 0.7%

Shares of DLMAF stock opened at $126.26 on Thursday. The stock has a market cap of $34.23 billion and a P/E ratio of 67.52. Dollarama has a 1 year low of $112.41 and a 1 year high of $160.86. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 3.17. The stock has a 50 day simple moving average of $125.86 and a 200 day simple moving average of $137.02.

Analyst Ratings Changes

DLMAF has been the subject of several analyst reports. BMO Capital Markets raised Dollarama to a “strong-buy” rating in a report on Tuesday, March 24th. Canadian Imperial Bank of Commerce upgraded Dollarama to a “strong-buy” rating in a research report on Wednesday, March 25th. UBS Group raised Dollarama to a “hold” rating in a research note on Wednesday, March 25th. Wells Fargo & Company raised shares of Dollarama to a “hold” rating in a research report on Tuesday, March 24th. Finally, Jefferies Financial Group upgraded shares of Dollarama to a “strong-buy” rating in a research note on Wednesday, March 25th. Seven analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

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.