Dollarama Inc. (TSX:DOL) – profile & key information

Dollarama Inc. (TSX:DOL) operates one of Canada’s most visible discount retail chains, combining dense store coverage, a broad assortment of general merchandise and consumables, and a logistics backbone that supports international sourcing and e-commerce. The company’s strong cash flow profile, disciplined capital allocation and modest dividend policy position it as a defensive retail name with growth potential through store expansion and product-mix optimization.

Overview of Dollarama Inc. (TSX:DOL) – Company profile and market role

Dollarama Inc. is a leading discount retailer headquartered in Mount Royal, Quebec, with a footprint that extends beyond Canada into select Latin American markets. Founded in 1992, the retailer built a business model focused on high-frequency, value-priced purchases across consumables, everyday general merchandise and seasonal items.

In Canada, Dollarama is widely recognized for its dense neighbourhood presence and efficient store format, serving a broad demographic that values convenience and low price points. The company also operates a controlled international presence in Colombia, Peru and Mexico, and maintains an online store to complement physical retail channels.

Dollarama’s logistical and administrative support activities underpin a tight inventory rotation system and centralized sourcing strategy. That operational discipline translates into consistent margins and strong free cash flow generation, which support dividends, occasional buybacks and ongoing expansion.

• Business model: High-turnover discount retailing with a focus on small-ticket, high-frequency items.
• Geographic reach: Primarily Canada, with selected operations in Latin America (Colombia, Peru, Mexico).
• Product mix: General merchandise, consumables, seasonal goods and select private-label items.
• Distribution: Centralized sourcing, efficient distribution centres, and an online channel.

Operationally, Dollarama benefits from a workforce of approximately 20,020 employees and tight unit economics reflected in revenue per employee metrics. The company’s store-level focus and corporate support functions are designed to maintain gross margins around the mid-40s percentage range while generating meaningful operating cash flows.

• Store density provides convenience and repeat purchases.
• Product assortment emphasizes consumables and seasonal rotation to capture impulse buys.
• Centralized procurement helps maintain price discipline versus standalone competitors.

For investors and analysts, Dollarama is often compared to discounters and variety retailers such as Dollar General, Five Below, Family Dollar, Dollar Tree, and regional players like Cents Only Stores or Big Lots. Internationally, Poundland, Daiso and Miniso offer useful comparisons on assortment philosophy and store format even if pricing strategies differ.

Key market information and company summaries are available through several industry sources including Investing.com, Disfold and Morningstar, which provide accessible snapshots for deeper due diligence.

Insight: Dollarama’s core strength is its unit economics and consistent cash generation, which create a resilient margin structure and a platform for measured expansion.

Financial information for Dollarama Inc. (TSX:DOL) — market cap, revenue and valuation metrics

Dollarama’s public financial profile is characterized by sizeable market capitalization and robust profitability metrics. As of the latest aggregation, the company carries a market valuation of approximately CAD 50.07 billion and an enterprise value near CAD 54.93 billion. These headline metrics reflect both strong operating performance and investor appetite for stable retail cash flows.

Revenue in the most recent twelve-month period stands at about CAD 6.69 billion, with net income near CAD 1.26 billion. Operating cash flow is strong, reported at roughly CAD 1.68 billion, and free cash flow after capital expenditures is near CAD 1.46 billion. These figures underscore Dollarama’s capacity to fund growth and shareholder returns from internally generated cash.

• Market cap: CAD 50.07B
• Revenue (TTM): CAD 6.69B
• Net income (TTM): CAD 1.26B
• Operating cash flow: CAD 1.68B; Free cash flow: CAD 1.46B

Valuation multiples show the premium investors place on Dollarama’s quality of earnings. The trailing price-to-earnings ratio is approximately 40.55, with a forward P/E near 38.20. Price-to-sales stands around 7.49 and price-to-book is elevated at 34.38, reflecting limited book value relative to earnings power.

Debt and liquidity metrics reveal a conservative cash buffer offset by leverage. Cash and cash equivalents are about CAD 696.67 million, while total debt is roughly CAD 5.56 billion, giving a net debt position near -CAD 4.86 billion. The company maintains a current ratio near 1.24 and an interest coverage ratio above 8x, indicative of manageable short-term obligations.

• Trailing P/E: 40.55
• EV/EBITDA: 24.54
• Debt/Equity: 3.82
• ROE: 95.55% — reflecting high returns on a modest equity base

Profitability metrics are notable: gross margin is about 45.54%, operating margin near 25.03% and net margin approximately 18.87%. Return on invested capital (ROIC) is near 16.30%, showing efficient capital deployment relative to operational returns.

Dividend policy remains conservative: an annual dividend per share of CAD 0.42 yields around 0.23%, with a payout ratio under 10%. Dividend growth has been steady, supporting a modest yield alongside share buybacks that contribute to shareholder yield (~0.86%).

• Dividend per share: CAD 0.42
• Dividend yield: 0.23%
• Free cash flow per share: CAD 5.32
• Earnings per share (TTM): CAD 4.51

For further financial detail, investors can consult sources including StockAnalysis, Stockhouse and Yahoo Finance Canada. Analysts tracking the stock use these inputs to model growth scenarios and sensitivity to same-store sales, SKU mix changes, and expansion plans.

Insight: Dollarama’s balance of elevated profitability and conservative cash distribution supports a premium valuation; primary investor focus remains on sustaining store productivity and efficient inventory turnover.

Video commentary above complements the numerical summary and provides a visual walkthrough of recent results and analyst perspectives.

Industry and operations of Dollarama Inc. (TSX:DOL) — retail sector positioning and competitive landscape

Dollarama operates within the discount and variety retail sector—an area characterized by slim unit margins offset by high-volume transactions. The company’s operational playbook centers on sourcing flexibility, rapid inventory turnover and store-level merchandising that favors impulse and necessity purchases.

Key operational elements include centralized procurement, regional distribution centres, and a store footprint optimized for convenience. These aspects allow Dollarama to maintain competitive price points while managing inventory turnover, with an inventory turnover metric around 3.68 times per year.

• Main product categories: Consumables, household goods, seasonal products, party supplies, stationery and low-cost toys.
• Sourcing model: Global suppliers with concentrated buying power and private-label opportunities.
• Distribution: Strategic distribution hubs to support quick replenishment and reduce stockouts.

Competitor and peer comparisons help contextualize Dollarama’s strategy. In North America, comparisons often cite Dollar General, Family Dollar, Dollar Tree, and specialty value chains like Five Below. International parallels include Poundland (UK) and variety-format operators like Daiso and Miniso, which emphasize low-price, high-turn product assortments with a strong emphasis on novelty.

• Dollarama’s store experience emphasizes quick trips and convenient locations.
• Competitors may focus on broader geographic penetration (Dollar General) or niche segments (Five Below for teen-oriented goods).
• Regional discounters like Cents Only Stores and off-price operators like Big Lots or Ollie’s Bargain Outlet remind investors of the value-oriented retail spectrum.

Operationally, Dollarama leverages a combination of private-label and branded items to manage margins while catering to consumer demand cycles. Seasonal merchandising accounts for a meaningful portion of unit sales during high-traffic periods, requiring careful forecasting and logistics coordination.

Examples of operational levers and their impacts:

• SKU rationalization: Reducing slow-moving items improves inventory turns and gross margin.
• Store format optimization: Introducing slightly larger formats or new adjacency placements can lift basket size per visit.
• Regional sourcing hubs: Closer supplier relationships shorten supply chains and reduce freight costs.

Dollarama’s e-commerce presence supplements physical retail but remains a smaller component of overall sales compared with core brick-and-mortar business. The online channel supports bulk purchases, convenience ordering and a promotional layer for seasonal or overstock merchandise.

Retail risks include inflation pressure on input costs, foreign currency exposure on sourced goods, and competitive discounting. However, Dollarama’s pricing discipline, margin profile (gross margin near 45.54%) and steady free cash flow provide buffers against short-term cyclical shocks.

• Operational strengths: High inventory turns, strong unit economics, broad demographic appeal.
• Operational challenges: International expansion complexity and e-commerce scale-up.
• Strategic opportunities: Targeted store openings, private label expansion, supply chain automation.

Reference material on sector metrics and competitive positioning is available through market portals such as MarketScreener and WSJ Company Profile.

Insight: Dollarama’s operational edge lies in balancing store-level simplicity with centralized sourcing efficiency—this combination supports margin resilience and a platform for selective growth.

History and leadership of Dollarama Inc. (TSX:DOL) — milestones, management and governance

Foundation and development — growth milestones and corporate evolution

Dollarama traces its origins to 1992 and grew through aggressive store expansion, product assortment refinement and a shift from family-owned roots to a publicly listed company. The corporate name transitioned from Dollarama Capital Corporation to Dollarama Inc. in September 2009, aligning the brand identity with its franchise of stores across Canada.

Milestones in the company’s development include major store rollouts that increased national penetration, a widened product assortment to include more consumables and seasonal lines, and investments in distribution infrastructure to improve replenishment cycles. A notable corporate action was the 3-for-1 forward stock split executed on June 20, 2018, aimed at improving share liquidity.

• 1992: Founding and early expansion in Quebec.
• 2009: Corporate name alignment to Dollarama Inc.
• 2018: 3-for-1 forward stock split to enhance liquidity.
• Ongoing: Gradual international presence in Latin America and enhancement of online sales channels.

Growth has been financed through operating cash flow and selective use of debt, resulting in a capital structure that supports both expansion and returns to shareholders. Over time, Dollarama’s governance has evolved to include institutional shareholders—currently owning around 40.94% of the outstanding shares—while insiders retain a modest stake near 1.50%.

Contextual anecdotes highlight how local store managers and regional distribution teams adapted assortments to seasonal demand, demonstrating the company’s emphasis on localized merchandising even within a standardized format. This practical approach helped the company sustain footfall during economic cycles and maintain store relevance in neighbourhoods.

Indicator metrics like the Altman Z-Score (~5.79) and Piotroski F-Score (~6) reflect financial stability and moderate operational health, supporting investor confidence in Dollarama’s capital allocation strategy.

Insight: The firm’s evolution from a regional player to a national chain demonstrates disciplined scaling and consistent adaptation of store-level merchandising to meet consumer needs.

CEO and management team — leadership structure and strategic priorities

Leadership at Dollarama combines retail executives experienced in inventory management, store operations and procurement. The CEO and senior management have prioritized efficient capital allocation, store-level profitability and measured expansion. Management commentary emphasizes maintaining margin consistency while evaluating market opportunities in Latin America and online integration.

Key management priorities include:

• Operational excellence: Tight supply chain control and inventory management to sustain gross margin.
• Capital discipline: Using free cash flow for dividends, buybacks and targeted new store openings.
• Market expansion: Selective international testing rather than broad-market pushes.

Management’s strategic focus is informed by granular store metrics: revenue per square foot, product category velocity, and payroll optimization. These KPIs allow for quick recalibration of assortments and staffing to preserve profitability at the unit level.

Investor relations and governance disclosures are available through corporate filings and profile pages on platforms such as MarketWatch and StockAnalysis statistics, which provide leadership biographies and compensation context for analysts conducting comparative governance assessments.

Insight: Dollarama’s leadership adheres to a pragmatic approach—prioritize store productivity, defend margins, and deploy cash conservatively—creating predictability in returns and clear guardrails for expansion.

Stock index membership and market position for Dollarama Inc. (TSX:DOL)

Dollarama occupies a prominent place among Canadian listed companies. The company’s market capitalization and liquidity typically place it among the larger constituents of Canadian equity indices, and it is frequently monitored by domestic and international investors for its defensive retail characteristics.

Key stock and ownership statistics include a float of approximately 269.67 million shares and total shares outstanding near 273.77 million. Share count has shown modest contraction year-over-year (-0.63%), partly reflecting buyback activity. Short interest remains low relative to float (~0.72%), indicating limited bearish positioning.

• Shares outstanding: 273.77M
• Float: 269.67M
• Insider ownership: 1.50%
• Institutional ownership: 40.94%

Dollarama’s stock has exhibited lower volatility relative to broader markets—beta near 0.40—and has delivered a share price increase of around +25.51% over the prior 52-week period. These attributes make the stock attractive to investors seeking steadier retail exposure.

Index membership often includes components of the S&P/TSX Composite and related Canadian large-cap indices, reflecting Dollarama’s significance among domestic retailers. Its market position can be summarized by:

• Strong domestic brand recognition and dense store network.
• High free cash flow generation supporting shareholder returns.
• Stable margins and a risk profile that is defensive relative to cyclical retailers.

Analysts and market participants can access up-to-date company pages on platforms like Investing.com, Disfold, and Morningstar for index membership context, analyst coverage and liquidity metrics.

Important calendar items include the company’s next expected earnings announcement, which is scheduled for December 10, 2025, and an ex-dividend date around October 10, 2025. These dates attract short-term trading interest and analyst updates.

Insight: Dollarama’s market position is fortified by its scale in Canada, strong cash generation and modest volatility—attributes that underpin its standing among Canadian large caps and index constituents.

The video above provides a complementary investor-focused review of valuation drivers and market dynamics.

Field	Value
Company Name	Dollarama Inc.
TSX Ticker	DOL
Sector	Consumer Discretionary / Retail
Sub-Sector	Discount & Variety Stores
Market Cap (CAD)	CAD 50.07 billion
Revenue (CAD)	CAD 6.69 billion (TTM)
Net Income (CAD)	CAD 1.26 billion (TTM)
Dividend Yield (%)	0.23%
Employees	20,020
Headquarters	Mount Royal, Quebec, Canada
Founded	1992
CEO
Stock Index Membership	S&P/TSX Composite (frequent constituent)
Website

SEO summary: Dollarama Inc. is a dominant Canadian discount retailer with robust cash flow, disciplined capital allocation and a strong domestic footprint, making it a key reference point in Canadian retail investing.

What is Dollarama’s primary business model?

Dollarama operates a chain of discount retail stores offering general merchandise and consumables at low price points. The model relies on high-frequency purchases, efficient sourcing and centralized logistics to sustain margins and cash generation.

How profitable is Dollarama and what are its margins?

Dollarama reports a gross margin around 45.54%, an operating margin near 25.03%, and a net margin of roughly 18.87%. These margins are supported by efficient purchasing, inventory turnover and store economics.

Where does Dollarama compete internationally and who are its peers?

Beyond Canada, Dollarama has operations in select Latin American markets including Colombia, Peru and Mexico. Peers and comparable retailers include Dollar General, Family Dollar, Dollar Tree, Five Below, Poundland, and variety store concepts such as Daiso and Miniso.

Where can investors find further company data and profiles?

Detailed financials and corporate profiles are available on platforms including Investing.com, Disfold, Morningstar, StockAnalysis, and Yahoo Finance Canada. These sources provide updated metrics for valuation and comparative analysis.