The Globe and Mail reports in its Friday, Dec. 1, edition that RBC analyst Irene Nattel is upbeat on Dollarama ahead of its results on Dec. 13. The Globe's Darcy Keith writes that Ms. Nattel expects earnings per share of 86 cents, matching the consensus. Ms. Nattel continues to rate Dollarama "outperform." She elevated her share target to $113 from $105. Analysts on average target Dollarama shares at $102.13. Ms. Nattel says in a note: "The business model is resonating particularly well with consumers against the backdrop of economic uncertainty and consumer wallet pressure. In our view, the stock remains attractive with excellent visibility and sustainability of growth runway, Dollarcity optionality, and perennial return of capital to shareholders through both dividend growth and share buyback. ... The common theme among the companies that recently reported their results (L, MRU, WMT, CTC) is that although inflation is moderating, wage growth continues to substantially lag CPI, with overall consumer spending further moderated by higher debt service costs, driving enhanced consumer value-seeking behaviour." The Globe reported on Dec. 1, 2022, that Ms. Nattel rated Dollarama "outperform." It was then worth $79.98.