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Dollarama Inc
Symbol DOL
Shares Issued 273,785,210
Close 2025-12-24 C$ 205.30
Market Cap C$ 56,208,103,613
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Globe says Dollarama proves the doubters wrong

2025-12-29 06:40 ET - In the News

The Globe and Mail reports in its Saturday edition that every year, investors could come up with myriad reasons not to invest in Dollarama: The shares are too expensive! The dividend is too small! There are already seven Dollaramas within a one-kilometre radius of my house -- they cannot possibly open any more! The Globe's John Heinzl writes, however, that virtually every year, the stock proved the doubters wrong. Since the chain went public in 2009, it has posted 16 annual gains and just one drop (in 2018), racking up a total return of more than 6,500 per cent in that time. Put another way, an initial $10,000 investment would be worth about $665,000 today. With consumers feeling the pinch of tariffs and inflation, they had even more reason to shop at Dollarama. For the third quarter ended Nov. 2, same-store sales rose 6 per cent, prompting the company to hike its full-year forecast. Even as Dollarama continued to add to its 1,600 stores in Canada, the company in July acquired Australia's largest discount retailer, The Reject Shop, with about 400 stores. Its Dollarcity chain in Latin America, meanwhile, recently opened its 700th location. Dollarama may hit the wall in 2026, but history suggests otherwise.

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