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

To: Goose94 who wrote (80541)	6/11/2020 2:45:13 PM
From: Goose94	Read Replies (1) \| Respond to of 202902

DOLLARAMA (DOL-T) revisited top pick from Brian Madden on BNN.ca Market Call Thirst-day June 11th @ 1200ET Dollarama is Canada’s largest dollar store chain with approximately 1,300 stores and 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 as well as operational efficiency within stores and distribution centres. Growth requires very modest capital and is easily financed internally. The company generates nearly $600 million of annual free cash flow, much of which is returned to shareholders via dividends and share buybacks. Dollarama has grown earnings at a compound rate of 19 per cent over the last five years and should continue to grow at a low to mid-teens pace. The company recently acquired a majority stake in its Central American joint venture partner, Dollar City, which further extends and accelerates its growth in faster-growing economies where modern retailing remains in its infancy.