Outlook for Dollarama looks good
Posted Apr 9, 2012 7:37 am.
This article is more than 5 years old.
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.