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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (65554)	11/13/2019 8:12:44 PM
From: Goose94	Read Replies (1) \| Respond to of 202736

DOLLARAMA (DOL-T) top pick from Brian Madden on BNN.ca Market Call 2nite Wednesday Nov 13th @ 1800ET Dollarama is Canada’s largest dollar store chain, with approximately 1,250 stores. It plans to grow to 1,700 over the next several years. The company’s key competitive advantages include procurement and merchandising expertise which allows them to price extremely sharply, expertise in securing high traffic locations at reasonable expense as well as operational efficiency within their stores and distribution centres. Growth requires very modest capital and is easily financed internally such that the company generates nearly $600 million of annual free cash flow, much of which it returns to shareholders via dividends and share buybacks. Dollarama has grown earnings at a compound rate of 20 per cent over the last five years and should continue to grow at a low- to mid-teens pace in the coming years. The company recently acquired a majority stake in its joint venture partner in Central America, Dollar City, which further extends and accelerates its growth in faster-growing economies where modern retailing remains in its infancy.