CA - Dollarama Stock: Still A Buy After Blowout Earnings?

2024-04-05 14:00:06 ET

Summary

• Dollarama's excellent earnings report led to a 10% increase in stock price and with continued strength the next day.
• Highlights include strong same-store sales growth, increased EPS, and a 29.9% dividend increase.
• Analysts project continued growth in revenue and earnings, with potential for further expansion in Canada and Latin America.

Dollarama Inc. (TSX: DOL:CA ) recently came out with excellent Q4 earnings , which propelled this already pricey stock up another 10%+. Even though the stock trades at what many may consider a lofty multiple, this analyst believes the expensive price is quite justified considering the company's excellent long-term potential....

For further details see: