Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (49510)	12/5/2018 7:52:23 AM
From: Goose94	Read Replies (1) of 202784

DOLLARAMA (DOL-T) Desjardins Securities analyst Keith Howlett says Dollarama's consumer proposition continues to resonate despite price points stretching to $4. Mr. Howlett, ahead of Thursday's release of its third quarter 2019 financial results, upgraded his rating to "buy" from "hold." Mr. Howlett continues to target the shares at $45. Analysts on average target the shares at $46.64. Mr. Howlett says in a note: "The Dollarama consumer proposition has been one of the most powerful we have encountered, while its business model is one of the most financially productive. The questions are how far the original concept may be stretched to higher price points (eg from $2 at the IPO in 2009 to $4 now) and how many stores with the elevated current level of profitability the Canadian market can absorb. These are the same questions as at the IPO, but have been escalated back to top of mind by two consecutive quarters of same-store sales growth of 2.6 per cent (below the 'usual' level). ... The relative value offered is still compelling, and there are no good alternatives to Dollarama."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next