DLMAF - Dollarama Inc.: Interesting Pick To Navigate Cycles And You Get What You Pay For
Context/investment thesis
My coverage today is on Dollarama Inc., (DLMAF) a Canadian discount retailer that specializes in the sale of general merchandise, seasonal items, and consumer products. With the recent lockdown, many and myself included thought Dollarama would be battered by the impact of COVID-19. Yet, the company held up fairly well, with sales rising at Q1 despite lower posted profits. The company also has some room for growth, thanks to its Latin American presence - this could support EPS and stock price appreciation in the future.
In my opinion, the easing of restrictions will