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WHAT A CRAZY STOCK
9 MONTHS LATER
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=DLTR&x=50&y=12&time=100&startdate=8%2F4%2F2010&enddate=12%2F28%2F2025&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Dollarama delivered stronger-than-expected first-quarter profit and sales as value-seeking shoppers visited its stores and spent more per trip, helping the Canadian discount retailer grow comparable sales despite economic uncertainty.
Comparable-store sales at the Canadian dollar-store chain increased by 4.9% thanks to a 3.7% increase in transactions and a 1.2% bump in basket size. The company said strong demand for consumables, for everything from food and beverages to household cleaning supplies, as well as for its seasonal offering, remained the biggest drivers.
Gross margin surprised to the upside, hitting 44.2% compared with analyst expectations of 43.3%, according to Scotiabank analyst John Zamparo. He noted that the improvement came despite a product mix shift toward lower-margin consumables, a weaker Canadian dollar and earlier concerns about logistics costs.
"This demonstrates both the benefits of scaling" - higher same-store sales - "and also Dollarama's pricing power," Zamparo said.
Shares jumped in early morning trading Wednesday, rising nearly 11% to 194.22 Canadian dollars ($142.04). The stock is up 38% year-to-date and more than 54% in the last 52 weeks.
Dollarama reported continued momentum at Dollarcity, its majority-owned Latin American business. Dollarama's 60.1% share of Dollarcity's net earnings came to C$40.3 million, up from C$22.1 million for its 50.1% share a year earlier. Sales at Dollarcity rose nearly 13% as store count expanded to 644 from 547.
Chief Executive Neil Rossy said expansion efforts in Latin America are on track, with the first Dollarcity locations in Mexico set to open imminently.
Maybe down the road, higher dividends
Wonder about expansion, mistake, speculating, saw this at $20 and after that two forward splits,should have never retired shares . Should have paid down debt and give higher dividends
Wonder $150 how long it would take to unload 6,000,000 shares
Any buy $20 before forward split and sell at $150 recently??????.
Down a lot yesterday and up today
Maybe 40 years more billions market capitalization
They should have never bought back shares, they should have given higher dividends and paid off debt
Interesting keep opening locations and a great growth story, growth story saw on internet
Shareholders might be upset buying $150
Why did the founders take this public, the owners owner would be worth millions billions speculating
Wonder how many more billions in 40 years
Should be debt free, give higher dividends, if not retired shares, speculating
Should have never retired shares
Wonder in 40 years stock price
Those who sold two days ago must be upset
They should have never had all this debt and bought shares for cancel. give higher dividends
Those who paid $20, and own 1,000,000 shares would have 6,000,000 and be worth $795,540,000 132.59 two forward splits
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