Dollarama Q3: The Veneer Loses Some Of Its Shine, Management Comments Offer Hints
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Dollarama's Q3 2024 results indicate slowing growth, primarily driven by an increasing store count. Concerns are raised about the company's overextended business and high valuation, which may be vulnerable to weak Q4 results.
December 06, 2024 | 4:30 am
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Dollarama's Q3 2024 results show slowing growth, with concerns about overextension and high valuation. The company's strategy of increasing store count may not be sustainable.
The article highlights Dollarama's slowing growth and reliance on increasing store count, raising concerns about sustainability and valuation. This could negatively impact investor sentiment and stock price in the short term.
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