The Globe and Mail reports in its Wednesday, Aug. 20, edition that
National Bank Financial analyst Vishal Shreedhar is keeping his "outperform" recommendation for Dollarama intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Shreedhar gave his share target a $6 boost to $213. Analysts on average target the shares at $203.71. Mr. Shreedhar expects to see "solid" growth from Dollarama when it posts its second quarter fiscal 2026 financial results on Aug. 27, emphasizing the recent $233-million acquisition of Australia's The Reject Shop provides a "new growth vector." Mr. Shreedhar says in a note: "We model solid Q2/F26 same-store sales growth, reflecting, among other factors, good consumer spending and internal data suggesting quarter-over-quarter sssg improvement. Similarly, recall that Dollarama noted consumer resiliency in the second half of Q1/F26 (sssg trends improved through the quarter). Recall that the acquisition of The Reject Shop closed in late July, 2025. We model slight EBITDA contribution from The Reject Shop during the quarter ($4-million; two weeks). Beyond the quarter, National Bank models EBITDA contribution of $72-million from The Reject Shop over H2/F26."
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