Street View: Dollarama's growth runway extends beyond Canada

Dollarama

17/09/2026 18:46

 ** Canada's Dollarama DOL.TO raised its annual comparable sales growth forecast on Wednesday, as shoppers facing mounting inflationary pressures increasingly turn to its low-cost everyday products, such as grocery and household items
** Median PT of 17 brokerages covering the stock is $215, according to data compiled by LSEG
CANADA REMAINS STRONG, GLOBAL UPSIDE BUILDS 
** TD Cowen ("buy"; C$217) says Dollarama's EPS growth could return to historical mid-teens levels in fiscal 2028 as Mexico and Australia move toward profitability and their investment-related losses become less of a drag on earnings
** Morningstar says co's value-focused offering continues to resonate with consumers, though expectations for a turnaround at its Australian business may already be reflected in the stock
** ARC Independent Research ("hold", PT: C$181) says strong results and higher guidance reinforce DOL's Canadian growth story, while international operations remain a longer-term earnings opportunity
** Ventum Financial ("buy", PT: C$225) says co's outlook remains conservative, citing strong traffic trends and resilient margins; sees a potential future move to a C$6 price point as an underappreciated upside catalyst

(Reporting by Shania S Thomas in Bengaluru)
((shanias.thomas@thomsonreuters.com))