Outlook for Dollarama looks good

With close to 700 stores nation wide, Dollarama continues to be a bright spot for investors as retail outlook remains tough.

The Canadian company is expected to release its fourth-quarter and full-year results this week, and could see growth of about 68 cents a share.

According to the Globe and Mail, Dollarama has consistently beaten analysts’ expectations, but as U.S. retailer “Dollar Tree” moves into Canada, they could see a halt to their growth in the near future.

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