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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (128100)7/6/2022 3:07:23 PM
From: Goose94Read Replies (2) of 202757
 
DOLLARAMA (DOL-T) top pick from Mike Archibald on BNN.ca Market Call Wednesday July 6th @ 1200ET

Dollarama is a great long-term growth business with consistent earnings, a strong management team and a very predictable growth pattern regardless of the macro environment. Clearly, the inflation backdrop has helped DOL over the past year – consumers are trading down to cheaper price points – DOL is benefitting from increased foot traffic and higher basket sizes which is resulting in strong SSSG. The company consistently grows revenue by 7-9 per cent; I expect to see 15 per cent+ EPS growth for each of the next three years with stable margins and great free cash flow –it’s a very predictable business that should continue to attract investor interest. Last purchase at $75
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