05:35:02 EDT Mon 13 May 2024
Enter Symbol
or Name
USA
CA



Dollarama Inc
Symbol DOL
Shares Issued 280,031,953
Close 2024-02-02 C$ 100.31
Market Cap C$ 28,090,005,205
Recent Sedar Documents

Globe says Dollarama has been good to Newhaven manager

2024-02-05 08:00 ET - In the News

The Globe and Mail reports in its Monday, Feb. 5, edition that Newhaven Asset Management portfolio manager Rebecca Teltscher says investing in Dollarama made the greatest impact on her life. The Globe's Brenda Bouw writes that Ms. Teltscher says in an interview: "I still own the first stock I bought in 2011, Dollarama. My mom inspired me to buy the stock indirectly. She rebuilt her career by working at a daycare and then opened her own daycare in our basement in Montreal. One of her favourite activities was going to different dollar stores in our neighbourhood to buy arts and crafts for the kids. After a while, she would start complaining that all the little discount stores were turning into Dollaramas, like it was a bad thing. It sounded like a good investment idea to me. I bought the stock at a time when retail names were being hit because of the threat of Target opening stores in Canada. We know how that ended up. Dollarama shares have done well since then." She adds: "The stock pick also helped me get my first portfolio manager job in Toronto in 2013. Ryan Bushell, who hired me at that firm, is now president of Newhaven, where I work today. So, Dollarama has been good to me in more ways than one."

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