Dollarama: Ringing Up Too Big A Tab, There's No Bargain At This Price

2025-11-20 15:59:39 ET

Introduction

Dollarama Inc. ( DOL:CA ) has been a name I've had mixed feelings on for some time now. Back in February, I noted that the company was executing well and still had a good runway for growth, the valuation was a bit stretched at 30x earnings, trading well above peers and at the high end of the historical range. Fast-forward nine months, and the company has continued to surpass expectations on the business front, pushing shares higher by 41% over this time period....

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