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Dollarama ( (TSE:DOL) ) has provided an update.
Dollarama reported a strong financial performance for the second quarter of fiscal 2026, with a 10.3% increase in sales to $1,723.8 million and a 12.4% rise in net earnings to $321.5 million. The acquisition of The Reject Shop Limited in Australia and the opening of Dollarcity’s first store in Mexico mark significant milestones in Dollarama’s international expansion strategy, enhancing its growth prospects and market diversification.
The most recent analyst rating on (TSE:DOL) stock is a Buy with a C$212.00 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 overall stock score is driven by its strong financial performance and positive earnings call, reflecting robust growth and expansion strategies. Technical indicators support a bullish outlook, though valuation concerns and macroeconomic challenges present potential risks.
To see Spark’s full report on TSE:DOL stock, click here.
More about Dollarama
Dollarama Inc. is a prominent player in the discount retail industry, offering a wide range of affordable products. The company operates primarily in Canada and has recently expanded its market presence to Australia through the acquisition of The Reject Shop Limited, as well as entering the Mexican market with Dollarcity.
Average Trading Volume: 504,110
Technical Sentiment Signal: Buy
Current Market Cap: C$53.09B
For an in-depth examination of DOL stock, go to TipRanks’ Overview page.