The Investment Reporter, in its June 23, 2023, issue, refreshes its buy of Dollarama Inc., recently $82.38. The Reporter said buy five times from July 29, 2011, to May 5, 2023, at prices ranging from $32.78 to $82.96. Assuming an investment of $1,000 for each of the five buys, the $5,000 position would now be worth $7,496. Dollarama has over 1,400 retail locations across Canada that specialize in low-price merchandise. For the 13 weeks ended April 30, 2023, Dollarama earned $179.9-million, or 63 cents a share, compared with earnings of $145.5-million, or 49 cents a share, in the same period of 2022. Despite the robust first quarter, the company has maintained its same-store sales (SSS) growth outlook for fiscal 2024 of 5 to 6 per cent. Some analysts view the company's guidance as too conservative. The stock trades at 25.8 times the $3.19 a share it will probably earn in fiscal 2024 (ends Jan. 31). The premium valuation reflects Dollarama's stable business. The Reporter says buy Dollarama, primarily for growth.