When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
DLMAF - Dollarama: Lack Of Inflation Could Lead To Only Modest Same Store Sales Growth
Dollarama Inc
Investment Thesis
Dollarama (DLMAF) (TSX:“DOL”) delivered an unimpressive Q3 F2020. While its same store sales growth rate reaccelerated, much of this was due to the 3 additional Halloween shopping days in Q3 F2020. The company continues to face a challenging retail environment and its operating margin continue to compress. Given the fact that total return is only expected to be 9.5% in two years, we do not see its current risk and reward profile attractive. Therefore, we believe a pullback will provide a better buying opportunity.