Dollarama Full Year 2024 Earnings: EPS Beats Expectations

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Dollarama (TSE:DOL) Full Year 2024 Results

Key Financial Results

  • Revenue: CA$5.87b (up 16% from FY 2023).

  • Net income: CA$1.01b (up 26% from FY 2023).

  • Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by higher revenue.

  • EPS: CA$3.57 (up from CA$2.77 in FY 2023).

DOL Sales Performance

  • Like-for-like sales growth: 12.8% vs FY 2023.

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dollarama EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%.

In the last 12 months, the only revenue segment was Retail - Variety Stores contributing CA$5.87b. Notably, cost of sales worth CA$3.08b amounted to 53% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CA$1.01b (57% of total expenses). Explore how DOL's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Multiline Retail industry in North America.

Performance of the market in Canada.

The company's shares are up 12% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Dollarama, and understanding them should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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