Anyone here able to explain Dollarama as outlier, outside of them running a tight ship?

Maybe the reckoning is around the corner, but I don't see a lot to distinguish DLR.TO from DLTR as a business model, beyond the differences in Canadian consumer profiles & its grocery industry -- not the cleanest place I've shopped, though there's quite a bit of variance; 'difficult clientele', to say the least (local DLRs often serve as a crack etc user meeting ground in the urban cores of the Canadian cities I've lived in); threadbare staffing; a WMT almost always a 20 minute drive, or an online order, away (along with AMZN/TEMU); etc.

I had owned it and sold it based on valuation concerns (wouldn't buy at today's prices either), but I haven't kept track since.

Up over 40% this year. No pullback from DG or DLTR results, which are being interpreted by some as proof that WMT etc has killed the dollar store. Next reporting is Sep 11, but things have been smooth to date.

I suppose I take it as evidence that Dollar Stores aren't going extinct, but I'd be curious to hear an explanation of the stark difference.

Falling Knives FAQ

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