Earnings Alerts

Dollarama (DOL) Earnings: 2Q Comparable Sales Surpass Estimates with Strong EPS Growth

By September 11, 2024 No Comments
  • Comparable sales growth: 4.7% (beat estimate of 4.67%, but lower than last year’s 15.5%)
  • Total sales: C$1.56 billion (up 7.4% year-over-year, slightly below estimate of C$1.57 billion)
  • Gross margin: 45.2% (higher than last year’s 43.9% and the estimate of 44.6%)
  • EBITDA: C$524.3 million (up 15% year-over-year, beating the estimate of C$498.9 million)
  • Earnings per share (EPS): C$1.02 (up from last year’s C$0.86, surpassing the estimate of C$0.97)
  • Net income: C$285.9 million (up 16% year-over-year, exceeding the estimate of C$274.1 million)
  • Net new stores: 14 (below the estimate of 18.17)
  • Total stores: 1,583 (slightly under the estimate of 1,587)
  • Analyst recommendations: 7 buys, 5 holds, 0 sells

A look at Dollarama Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Dollarama shows a promising long-term outlook. With a strong Momentum score of 5, the company is experiencing positive momentum in its performance. Additionally, Dollarama scored high in Growth with a score of 4, indicating potential for future expansion and development. While Value and Dividend scores are moderate at 2, the overall Resilience score of 2 suggests a stable foundation amidst market challenges.

Dollarama Inc., an online marketplace operating in Canada, offers a wide range of products and delivery services to its customers. The company’s smart scores highlight its growth potential and current momentum, positioning it well for future success in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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