Upcoming Dividend • Jul 03
Upcoming dividend of CA$0.12 per share Eligible shareholders must have bought the stock before 10 July 2026. Payment date: 07 August 2026. Payout ratio is a comfortable 9.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.4%). Recent Insider Transactions • Jun 25
Insider recently sold €5.9m worth of stock On the 18th of June, Geoffrey Robillard sold around 50k shares on-market at roughly €118 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.1m more than they bought in the last 12 months. Declared Dividend • Jun 15
First quarter dividend of CA$0.12 announced Shareholders will receive a dividend of CA$0.12. Ex-date: 10th July 2026 Payment date: 7th August 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.9%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 9%. Reported Earnings • Jun 12
First quarter 2027 earnings released: EPS: CA$1.11 (vs CA$0.99 in 1Q 2026) First quarter 2027 results: EPS: CA$1.11 (up from CA$0.99 in 1Q 2026). Revenue: CA$1.85b (up 21% from 1Q 2026). Net income: CA$302.3m (up 10% from 1Q 2026). Profit margin: 16% (down from 18% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. Independent Director Thecla Sweeney was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • May 15
Dollarama Inc. to Report Q1, 2027 Results on Jun 11, 2026 Dollarama Inc. announced that they will report Q1, 2027 results at 7:00 AM, US Eastern Standard Time on Jun 11, 2026 Duyuru • Apr 01
Dollarama Inc. announced that it expects to receive CAD 750 million in funding Dollarama Inc. announced a private placement of CAD 375 million aggregate principal amount of 3.940% senior unsecured notes due July 25, 2031 (2031 notes) and CAD 375 million aggregate principal amount of 4.576% senior unsecured notes due April 2, 2036 (2036 notes) for aggregate gross proceeds of CAD 750 million on March31, 2026. The 2031 Notes will be issued at par for aggregate gross proceeds of $375 million and will bear interest at a fixed rate of 3.940% per annum, payable semi-annually, until maturity on July 25 and January 25 of each year, commencing on July 25, 2026. The 2036 Notes will also be issued at par for aggregate gross proceeds of $375 million and will bear interest at a fixed rate of 4.576% per annum, payable semi-annually, until maturity on April 2 and October 2 of each year, commencing on October 2, 2026.The Notes will be direct unsecured obligations of company and will rank pari passu with all other unsecured and unsubordinated indebtedness of the company . The Notes have been assigned a provisional rating of BBB (high), with a stable trend, by DBRS Limited, and are being offered in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities legislation. The transaction is expected close on or about April 2, 2026, subject to customary closing conditions. Duyuru • Mar 25
Dollarama Inc. Approves Quarterly Cash Dividend, Payable on May 8, 2026 Dollarama Inc. announced that its board of directors approved a 13.4% increase of the quarterly cash dividend for holders of common shares, from $0.1058 to $0.1200 per common share. This dividend is payable on May 8, 2026 to shareholders of record at the close of business on April 17, 2026. The dividend is designated as an "eligible dividend" for Canadian tax purposes. Duyuru • Mar 23
Dollarama Inc., Annual General Meeting, Jun 11, 2026 Dollarama Inc., Annual General Meeting, Jun 11, 2026. Location: quebec, montreal Canada Duyuru • Feb 10
Dollarama Inc. to Report Q4, 2026 Results on Mar 24, 2026 Dollarama Inc. announced that they will report Q4, 2026 results at 7:00 AM, Eastern Standard Time on Mar 24, 2026 Duyuru • Dec 12
Dollarama Inc. Approves Quarterly Cash Dividend, Payable on February 6, 2026 On December 11, 2025, the Corporation announced that its board of directors of Dollarama Inc. approved a quarterly cash dividend for holders of common shares of $0.1058 per common share. This dividend is payable on February 6, 2026 to shareholders of record at the close of business on January 9, 2026. The dividend is designated as an "eligible dividend" for Canadian tax purposes. Duyuru • Nov 08
Dollarama Inc. to Report Q3, 2026 Results on Dec 11, 2025 Dollarama Inc. announced that they will report Q3, 2026 results at 7:00 AM, US Eastern Standard Time on Dec 11, 2025 Duyuru • Aug 28
Dollarama Inc. announces Quarterly dividend, payable on November 07, 2025 Dollarama Inc. announced Quarterly dividend of CAD 0.1058 per share payable on November 07, 2025, ex-date on October 10, 2025 and record date on October 10, 2025. Duyuru • Jul 29
Dollarama Inc. to Report Q2, 2026 Results on Aug 27, 2025 Dollarama Inc. announced that they will report Q2, 2026 results at 7:00 AM, US Eastern Standard Time on Aug 27, 2025 Duyuru • Jun 13
Dollarama Inc. announced that it expects to receive CAD 600 million in funding Dollarama Inc. announced a private placement for aggregate principal amount of CAD 600 million on June 12, 2025. The company has issued 3.850% senior unsecured notes due December 16, 2030 in the transaction. The notes will bear interest at a fixed rate of 3.850% per annum, payable semi-annually until maturity on the 16th day of June and December of each year, commencing on December 16, 2025. The notes will be direct unsecured obligations of the company. The transaction is expected to close on June 16, 2025. The notes have not been and will not be qualified for sale to the public under applicable securities laws in Canada and, accordingly, any offer and sale of the notes in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. The notes have not been and will not be registered under the United States Securities Act of 1933, as amended. Duyuru • May 16
Dollarama Inc. to Report Q1, 2026 Results on Jun 11, 2025 Dollarama Inc. announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on Jun 11, 2025 Duyuru • Apr 04
Dollarama Inc. announces Quarterly dividend, payable on May 09, 2025 Dollarama Inc. announced Quarterly dividend of CAD 0.1058 per share payable on May 09, 2025, ex-date on April 17, 2025 and record date on April 18, 2025. Duyuru • Mar 27
Dollarama Inc. (TSX:DOL) agreed to acquire The Reject Shop Limited (ASX:TRS) from Kin Group Pty Ltd and others for approximately AUD 250 million. Dollarama Inc. (TSX:DOL) agreed to acquire The Reject Shop Limited (ASX:TRS) from Kin Group Pty Ltd and others for approximately AUD 250 million on March 26, 2025. A cash consideration valued at AUD 6.68 per share and will be paid by Dollarama Inc. As part of consideration, AUD 249.1 million is paid towards common equity and AUD 7.69 million is paid towards rights of The Reject Shop Limited. The purchase price will be funded through a mix of cash on hand and available liquidities under Dollarama Inc. revolving credit facility. In case of termination of transaction, Dollarama Inc. will pay a termination fee of AUD 2.59 million and Kin Group Pty Ltd will pay a termination fee of AUD 2.59 million. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and subject to court approval. The Board of Directors of The Reject Shop Limited unanimously recommends that shareholders vote in favor of the scheme. The closing is expected to occur in the second half of 2025.
National Bank Financial, Inc. acted as financial advisor for Dollarama Inc. UBS Securities Australia Ltd acted as financial advisor for The Reject Shop Limited. SBA LAW Liability limited acted as legal advisor for The Reject Shop Limited. Adam Foreman of Corrs Chambers Westgarth acted as legal advisor for Dollarama Inc. Duyuru • Mar 25
Dollarama Inc., Annual General Meeting, Jun 11, 2025 Dollarama Inc., Annual General Meeting, Jun 11, 2025. Duyuru • Feb 22
Dollarama Inc. to Report Q4, 2025 Results on Apr 03, 2025 Dollarama Inc. announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Apr 03, 2025 Duyuru • Dec 05
Dollarama Inc. Approves Quarterly Cash Dividend, Payable on February 7, 2025 On December 4, 2024, Dollarama Inc. announced that its Board of Directors approved a quarterly cash dividend for holders of common shares of $0.0920 per common share. This dividend is payable on February 7, 2025 to shareholders of record at the close of business on January 10, 2025. The dividend is
designated as an "eligible dividend" for Canadian tax purposes. Duyuru • Nov 08
Dollarama Inc. to Report Q3, 2025 Results on Dec 04, 2024 Dollarama Inc. announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Dec 04, 2024 Recent Insider Transactions • Oct 15
Insider recently sold €6.8m worth of stock On the 11th of October, Geoffrey Robillard sold around 72k shares on-market at roughly €94.86 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €16m more than they bought in the last 12 months. Upcoming Dividend • Sep 29
Upcoming dividend of CA$0.092 per share Eligible shareholders must have bought the stock before 04 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 8.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.2%). Declared Dividend • Sep 15
Second quarter dividend of CA$0.092 announced Shareholders will receive a dividend of CA$0.092. Ex-date: 4th October 2024 Payment date: 1st November 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.9%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%. Reported Earnings • Sep 12
Second quarter 2025 earnings released: EPS: CA$1.02 (vs CA$0.86 in 2Q 2024) Second quarter 2025 results: EPS: CA$1.02 (up from CA$0.86 in 2Q 2024). Revenue: CA$1.56b (up 7.4% from 2Q 2024). Net income: CA$285.9m (up 16% from 2Q 2024). Profit margin: 18% (up from 17% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Aug 20
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €91.00. The fair value is estimated to be €74.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 9.7% per annum over the same time period. Duyuru • Aug 10
Dollarama Inc. to Report Q2, 2025 Results on Sep 11, 2024 Dollarama Inc. announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Sep 11, 2024 Upcoming Dividend • Jul 01
Upcoming dividend of CA$0.092 per share Eligible shareholders must have bought the stock before 05 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.3%). Recent Insider Transactions • Jun 19
Insider recently sold €3.3m worth of stock On the 14th of June, Geoffrey Robillard sold around 39k shares on-market at roughly €83.99 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €4.8m. Insiders have been net sellers, collectively disposing of €8.4m more than they bought in the last 12 months. Declared Dividend • Jun 17
First quarter dividend of CA$0.092 announced Shareholders will receive a dividend of CA$0.092. Ex-date: 5th July 2024 Payment date: 2nd August 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.9%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%. Reported Earnings • Jun 13
First quarter 2025 earnings released: EPS: CA$0.77 (vs CA$0.63 in 1Q 2024) First quarter 2025 results: EPS: CA$0.77 (up from CA$0.63 in 1Q 2024). Revenue: CA$1.41b (up 8.6% from 1Q 2024). Net income: CA$215.8m (up 20% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 13
First quarter 2025 earnings released: EPS: CA$0.77 (vs CA$0.63 in 1Q 2024) First quarter 2025 results: EPS: CA$0.77 (up from CA$0.63 in 1Q 2024). Revenue: CA$1.41b (up 8.6% from 1Q 2024). Net income: CA$215.8m (up 20% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 13
First quarter 2025 earnings released: EPS: CA$0.77 (vs CA$0.63 in 1Q 2024) First quarter 2025 results: EPS: CA$0.77 (up from CA$0.63 in 1Q 2024). Revenue: CA$1.41b (up 8.6% from 1Q 2024). Net income: CA$215.8m (up 20% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 13
First quarter 2025 earnings released: EPS: CA$0.77 (vs CA$0.63 in 1Q 2024) First quarter 2025 results: EPS: CA$0.77 (up from CA$0.63 in 1Q 2024). Revenue: CA$1.41b (up 8.6% from 1Q 2024). Net income: CA$215.8m (up 20% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 18
Dollarama Inc. to Report Q1, 2025 Results on Jun 12, 2024 Dollarama Inc. announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on Jun 12, 2024 Recent Insider Transactions • May 02
Insider recently sold €4.8m worth of stock On the 26th of April, Geoffrey Robillard sold around 61k shares on-market at roughly €79.58 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.1m more than they bought in the last 12 months. Declared Dividend • Apr 08
Fourth quarter dividend of CA$0.092 announced Shareholders will receive a dividend of CA$0.092. Ex-date: 18th April 2024 Payment date: 3rd May 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.9%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 6%. New Risk • Apr 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 512% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (512% net debt to equity). Significant insider selling over the past 3 months (€28m sold). Reported Earnings • Apr 05
Full year 2024 earnings released: EPS: CA$3.57 (vs CA$2.77 in FY 2023) Full year 2024 results: EPS: CA$3.57 (up from CA$2.77 in FY 2023). Revenue: CA$5.87b (up 16% from FY 2023). Net income: CA$1.01b (up 26% from FY 2023). Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year. Duyuru • Mar 23
Dollarama Inc., Annual General Meeting, Jun 12, 2024 Dollarama Inc., Annual General Meeting, Jun 12, 2024. Duyuru • Feb 23
Dollarama Inc. to Report Q4, 2024 Results on Apr 04, 2024 Dollarama Inc. announced that they will report Q4, 2024 results at 7:00 AM, Eastern Standard Time on Apr 04, 2024 Upcoming Dividend • Dec 28
Upcoming dividend of CA$0.071 per share at 0.3% yield Eligible shareholders must have bought the stock before 04 January 2024. Payment date: 02 February 2024. Payout ratio is a comfortable 8.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.4%). Reported Earnings • Dec 14
Third quarter 2024 earnings released: EPS: CA$0.92 (vs CA$0.70 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.92 (up from CA$0.70 in 3Q 2023). Revenue: CA$1.48b (up 15% from 3Q 2023). Net income: CA$261.1m (up 30% from 3Q 2023). Profit margin: 18% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year. Duyuru • Nov 14
Dollarama Inc. to Report Q3, 2024 Results on Dec 13, 2023 Dollarama Inc. announced that they will report Q3, 2024 results at 7:00 AM, US Eastern Standard Time on Dec 13, 2023 Duyuru • Oct 21
Dollarama Inc. Appoints Patrick Bui as Chief Financial Officer, Effective December 18, 2023 Dollarama Inc. announced that Patrick Bui has been appointed Chief Financial Officer, effective December 18, 2023. Most recently, Mr. Bui served as CFO of Canadian leisure airline operator Transat A.T. Inc. where he was responsible for leading all finance functions, investor relations, risk management and procurement. Prior to that, he was CFO of Kruger Energy, a renewable-energy producer with operations throughout the Americas. With 20 years of experience as a finance professional, Mr. Bui also previously worked at RBC Capital Markets and Morgan Stanley as an investment banker and advisor on growth strategies and financing for companies operating in various sectors of the economy. Mr. Bui holds an MBA from INSEAD and a Bachelor of Commerce from HEC Montréal, as well as the CFA designation. Upcoming Dividend • Sep 28
Upcoming dividend of CA$0.071 per share at 0.3% yield Eligible shareholders must have bought the stock before 05 October 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 8.1% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.3%). Duyuru • Sep 24
Dollarama Inc. announced that it expects to receive CAD 500 million in funding Dollarama Inc. announced a private placement of 5.533% senior unsecured notes due, September 26, 2028, for gross proceeds of CAD 500 million on September 22, 2023. The notes will bear interest at a fixed rate of 5.533% per annum, payable semi-annually until maturity on the 26th day of March and September of each year, commencing on March 26, 2024. The notes will be direct unsecured obligations of the company. The transaction is expected to close on September 26, 2023. The notes have not been and will not be qualified for sale to the public under applicable securities laws in Canada and, accordingly, any offer and sale of the notes in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. The notes have not been and will not be registered under the United States Securities Act of 1933, as amended. Reported Earnings • Sep 14
Second quarter 2024 earnings released: EPS: CA$0.86 (vs CA$0.67 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.86 (up from CA$0.67 in 2Q 2023). Revenue: CA$1.46b (up 20% from 2Q 2023). Net income: CA$245.8m (up 27% from 2Q 2023). Profit margin: 17% (up from 16% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 24% per year. Duyuru • Aug 15
Dollarama Inc. to Report Q2, 2024 Results on Sep 13, 2023 Dollarama Inc. announced that they will report Q2, 2024 results at 7:00 AM, US Eastern Standard Time on Sep 13, 2023 Duyuru • Jul 12
Dollarama Announces Departure of J.P. Towner as Chief Financial Officer Dollarama Inc. announced that J.P. Towner, Chief Financial Officer, intends to step down from his position in the coming months to pursue another career opportunity. He will remain in his role to ensure a smooth transition, including through the announcement and filing of the Corporation's second quarter FY2024 results. The Corporation has commenced a formal search process for a new Chief Financial Officer. Upcoming Dividend • Jun 29
Upcoming dividend of CA$0.071 per share at 0.3% yield Eligible shareholders must have bought the stock before 06 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 8.1% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.3%). Reported Earnings • Jun 08
First quarter 2024 earnings released: EPS: CA$0.63 (vs CA$0.50 in 1Q 2023) First quarter 2024 results: EPS: CA$0.63 (up from CA$0.50 in 1Q 2023). Revenue: CA$1.29b (up 21% from 1Q 2023). Net income: CA$179.9m (up 24% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 23% per year. Upcoming Dividend • Apr 06
Upcoming dividend of CA$0.071 per share at 0.3% yield Eligible shareholders must have bought the stock before 13 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 8.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%). Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CA$2.77 (vs CA$2.19 in FY 2022) Full year 2023 results: EPS: CA$2.77 (up from CA$2.19 in FY 2022). Revenue: CA$5.05b (up 17% from FY 2022). Net income: CA$801.9m (up 21% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Jan 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.3%. The fair value is estimated to be €69.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 27% in the next 2 years. Upcoming Dividend • Dec 29
Upcoming dividend of CA$0.055 per share Eligible shareholders must have bought the stock before 05 January 2023. Payment date: 03 February 2023. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.4%). Reported Earnings • Dec 08
Third quarter 2023 earnings released: EPS: CA$0.70 (vs CA$0.61 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.70 (up from CA$0.61 in 3Q 2022). Revenue: CA$1.29b (up 15% from 3Q 2022). Net income: CA$201.6m (up 9.9% from 3Q 2022). Profit margin: 16% (in line with 3Q 2022). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 12
Dollarama Inc. to Report Q3, 2023 Results on Dec 07, 2022 Dollarama Inc. announced that they will report Q3, 2023 results at 7:00 AM, US Eastern Standard Time on Dec 07, 2022 Recent Insider Transactions • Oct 15
Independent Director recently sold €119k worth of stock On the 12th of October, John Thomas sold around 2k shares on-market at roughly €59.65 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €300k. Insiders have been net sellers, collectively disposing of €10m more than they bought in the last 12 months. Recent Insider Transactions • Oct 07
Independent Director recently sold €176k worth of stock On the 29th of September, John Thomas sold around 3k shares on-market at roughly €58.81 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €300k. Insiders have been net sellers, collectively disposing of €10m more than they bought in the last 12 months. Duyuru • Oct 06
Dollarama Inc. announced that it expects to receive CAD 700 million in funding Dollarama Inc. announced a private placement of 5.165% senior unsecured notes due, April 26, 2030, for gross proceeds of CAD 450 million and 5.084% senior unsecured notes, due October 27, 2025, for gross proceeds of CAD 250 million; for aggregate gross proceeds of CAD 700 million on October 4, 2022. The 2030 notes will also be issued at par and will bear interest at a fixed rate of 5.165% per annum, payable semi-annually until maturity on the 26th day of April and October of each year, commencing on April 26, 2023. The 2025 notes will be issued at par and will bear interest at a fixed rate of 5.084% per annum, payable semi-annually, until maturity on the 27th day of April and October of each year, commencing on April 27, 2023. The notes will be direct unsecured obligations of the company. The transaction is expected to close on October 26, 2022 not dependent or conditional upon each other. The notes have not been and will not be qualified for sale to the public under applicable securities laws in Canada and, accordingly, any offer and sale of the notes in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. The notes have not been and will not be registered under the United States Securities Act of 1933, as amended. Upcoming Dividend • Sep 29
Upcoming dividend of CA$0.055 per share Eligible shareholders must have bought the stock before 06 October 2022. Payment date: 04 November 2022. Payout ratio is a comfortable 8.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (5.5%). Lower than average of industry peers (7.5%). Reported Earnings • Sep 10
Second quarter 2023 earnings released: EPS: CA$0.67 (vs CA$0.48 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.67 (up from CA$0.48 in 2Q 2022). Revenue: CA$1.22b (up 18% from 2Q 2022). Net income: CA$193.5m (up 32% from 2Q 2022). Profit margin: 16% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 13
Dollarama Inc. to Report Q2, 2023 Results on Sep 09, 2022 Dollarama Inc. announced that they will report Q2, 2023 results at 7:00 AM, US Eastern Standard Time on Sep 09, 2022 Duyuru • Jul 08
Dollarama Inc. announced that it expects to receive $700 million in funding Dollarama Inc. (TSX:DOL) announced a private placement of unsecured commercial paper notes with maturities not in excess of 397 days from the date of issue for gross proceeds of $700 million on July 7, 2022. The Notes offered under the US Commercial Paper Program have not been and will not be registered under the Securities Act of 1933, as amended, or under any state securities laws, and may not be offered or sold in the united states absent registration or an applicable exemption from registration requirements. Upcoming Dividend • Jun 30
Upcoming dividend of CA$0.055 per share Eligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 8.9% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.7%). Reported Earnings • Jun 09
First quarter 2023 earnings released: EPS: CA$0.50 (vs CA$0.37 in 1Q 2022) First quarter 2023 results: EPS: CA$0.50 (up from CA$0.37 in 1Q 2022). Revenue: CA$1.07b (up 12% from 1Q 2022). Net income: CA$145.5m (up 28% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.8%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 09
Dollarama Inc. Announces Quarterly Cash Dividend, Payable on August 5, 2022 Dollarama Inc. announced that its Board of Directors had approved a quarterly cash dividend for holders of common shares of $0.0553 per common share. This dividend is payable on August 5, 2022 to shareholders of record at the close of business on July 8, 2022. Duyuru • May 17
Dollarama Inc. to Report Q1, 2023 Results on Jun 08, 2022 Dollarama Inc. announced that they will report Q1, 2023 results at 7:00 AM, US Eastern Standard Time on Jun 08, 2022 Recent Insider Transactions • Apr 06
Insider recently sold €958k worth of stock On the 1st of April, Josée Kouri sold around 19k shares on-market at roughly €51.67 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €18m more than they bought in the last 12 months. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: CA$2.19 (vs CA$1.82 in FY 2021) Full year 2022 results: EPS: CA$2.19 (up from CA$1.82 in FY 2021). Revenue: CA$4.33b (up 7.6% from FY 2021). Net income: CA$663.2m (up 18% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.3%, compared to a 8.0% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 31
Dollarama Inc. Announces Quarterly Cash Dividend, Payable on May 6, 2022 Dollarama Inc. announced on March 30, 2022, the Corporation announced that its Board of Directors had approved a 10% increase of the quarterly cash dividend for holders of common shares, from $0.0503 to $0.0553 per common share. This dividend is payable on May 6, 2022 to shareholders of record at the close of business on April 15, 2022. The dividend is designated as an "eligible dividend" for Canadian tax purposes. Duyuru • Mar 01
Dollarama Inc. to Report Q4, 2022 Results on Mar 30, 2022 Dollarama Inc. announced that they will report Q4, 2022 results at 7:00 AM, US Eastern Standard Time on Mar 30, 2022 Recent Insider Transactions • Jan 07
Insider recently sold €129k worth of stock On the 5th of January, John Assaly sold around 3k shares on-market at roughly €43.66 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.0m more than they bought in the last 12 months. Upcoming Dividend • Dec 30
Upcoming dividend of CA$0.05 per share Eligible shareholders must have bought the stock before 06 January 2022. Payment date: 04 February 2022. Payout ratio is a comfortable 10.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.0%). 
