Dollarama Announces Election of Board of Directors

The latest announcement is out from Dollarama ( (TSE:DOL) ).

Dollarama Inc. announced the election of its board of directors at the annual shareholders meeting, with all nominees listed in the management proxy circular being elected. This election reflects the company’s stable governance structure, which is crucial for maintaining its market position and operational continuity, benefiting stakeholders by ensuring consistent leadership.

The most recent analyst rating on (TSE:DOL) stock is a Hold with a C$128.00 price target. To see the full list of analyst forecasts on Dollarama stock, see the TSE:DOL Stock Forecast page.

Spark’s Take on TSE:DOL Stock

According to Spark, TipRanks’ AI Analyst, TSE:DOL is a Outperform.

Dollarama’s strong financial performance and positive earnings call sentiments are the primary drivers of its score, supported by strategic expansions and consistent revenue growth. However, high valuation metrics and overbought technical indicators suggest caution.

To see Spark’s full report on TSE:DOL stock, click here.

More about Dollarama

Founded in 1992 and headquartered in Montréal, Quebec, Canada, Dollarama is a prominent Canadian value retailer offering a wide range of consumable products, general merchandise, and seasonal items both in-store and online. With 1,638 locations across Canada, Dollarama provides customers with quality merchandise at fixed price points up to $5.00. Additionally, Dollarama holds a 60.1% interest in Dollarcity, a Latin American value retailer with 644 stores in Colombia, Guatemala, El Salvador, and Peru, offering products at fixed price points up to US$4.00.

Average Trading Volume: 706,836

Technical Sentiment Signal: Buy

Current Market Cap: C$48.69B

See more data about DOL stock on TipRanks’ Stock Analysis page.