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Dollarama received analyst upgrades and reported slightly better earnings despite revenue falling below estimates.
Dollarama, a Canadian dollar store chain, received several analyst upgrades including a strong-buy rating from Scotiabank and a hold rating from Stifel Nicolaus. The company reported slightly better-than-expected earnings with $1.03 EPS, though revenue was slightly below estimates. Despite a modest revenue shortfall, Dollarama maintained strong profitability with a high return on equity of 96.58%, supporting its financial resilience.
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