Street View: Dollarama's raised outlook boosts investor confidence

Dollarama DOL.TO raised its annual sales forecast on Thursday, helped by demand for affordable goods among price-sensitive shoppers

At least 9 brokerages raised PT, median PT of 16 brokerages is $218 — data compiled by LSEG

RESILIENT DEMAND FOR CONSUMABLES AND SEASONAL GOODS

Scotiabank ("sector outperform," PT: C$220) expects 2026 to feature an environment with modest consumer spending growth and shoppers laser-focused on value

National Bank of Canada ("outperform," PT: C$226) positive on DOL’s shares reflecting stable and high return on capital, international growth and resilient sales performance

Stifel ("hold," PT: C$200) says Dollarama saw a good growth in seasonal items due to a favorable calendar shift, as the Halloween period had four extra days during the quarter vs last year

TD Cowen ("buy," PT: C$235) believes co's Dollarcity Inversiones Comerciales Mexicanas is poised to expand at an accelerated pace

Jefferies ("buy," PT: C$235) says co's Australia segment is expected to remain a margin drag near term, but management sees potential for significant scale and profitability post 2027