The Globe and Mail reports in its Tuesday, Sept. 12, edition that Desjardins Securities analyst Chris Li is sticking with his "buy" recommendation and $93 share target for Dollarama. The Globe's David Leeder writes that analysts on average target the shares at $91.32. The Globe reports that Mr. Li expects Dollarama to announce "strong" second quarter 2024 same-store sales growth on Wednesday as consumers "continue to seek value." Mr. Li says in a note: "We expect growth to be largely driven by transaction counts (9.5 per cent) as consumers continue looking for value. Importantly, we expect Dollarama to raise its FY24 SSSG guidance to 8 per cent (in line with consensus) from 5 to 6 per cent, implying low-single-digit SSSG in 3Q and 4Q (up against low- to mid-teen comps last year). ... Overall, we expect 2Q results to reaffirm our expectation for relatively attractive EPS growth of 15 per cent this year, with a similar growth rate of 15 per cent in FY25 (CY24). We believe this should support current valuation of approximately 25.5 times NTM [next 12-month] EPS (vs 23 24 times average), with share price appreciation largely driven by EPS growth." Mr. Li raised his earnings-per-share estimate by a penny to $3.16.