Brian Langis
Value, contrarian, growth at reasonable price

Dollarama - A Stock That Generates Dollars

Dollarama Inc. (TSX) (OTC:DLMAF)

Note: Dollar amounts are in Canadian $ unless mentioned otherwise. USD-CAD 1.0318 Price of 1 USD in CAD

Dollarama (DOL) is the king of dollar stores in Canada. With 785 stores at the end of fiscal year 2012, it's 5x bigger than its nearest competitor, Dollar Tree Canada (NASDAQ:DLTR) (140 locations). Its stores are located in metropolitan areas, mid-sized cities, and small towns across Canada. The average store has 10,000 square feet of space. DOL offers a broad range of consumer products priced between $0.69 and $3.

DOL is the darling of the Canadian stock exchange. Shares of the discount retailer shot out of the gate after their 2009 IPO and...

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