Dollarama (OTCMKTS:DLMAF) Posts Quarterly Earnings Results, Hits Estimates

Dollarama (OTCMKTS:DLMAFGet Free Report) issued its quarterly earnings data on Tuesday. The company reported $1.03 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.03, Zacks reports. Dollarama had a net margin of 18.61% and a return on equity of 98.93%.

Dollarama Price Performance

Shares of OTCMKTS:DLMAF opened at $122.81 on Wednesday. The company’s fifty day moving average price is $140.86 and its 200 day moving average price is $139.03. Dollarama has a 12 month low of $103.70 and a 12 month high of $160.86. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.09 and a quick ratio of 0.23. The firm has a market capitalization of $33.52 billion and a P/E ratio of 146.20.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DLMAF shares. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. Royal Bank Of Canada upgraded Dollarama to a “moderate buy” rating in a report on Monday, March 16th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. National Bank Financial restated an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th. Finally, TD Securities reaffirmed a “buy” rating on shares of Dollarama in a research note on Friday, December 12th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on DLMAF

Dollarama Company Profile

(Get Free Report)

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.

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