Description: Inflationary times have been good times for Dollarama. The rising cost of living has driven customers Dollarama’s way in a search of savings, pushing sales figures about 17 percent higher than in the previous fiscal year. Profits are also up, prompting the discount retailer to pump up the quarterly dividend to its shareholders.

Date:  March 29, 2023

Source:  cbc.ca

 Link: https://www.cbc.ca/news/business/dollarama-retail-earnings-1.6794474

Discussion points:

1) Do you or your classmates rely on Dollarama in your search for savings while at school?

2) Does your school have an investment club or a course where you actually trade stocks? If so, how important is dividend history to your trading choices?

3) Wiley’s Understanding Financial Accounting opens on its first page with a discussion of Dollarama’s growth and how that growth relates to its corporate financial reporting. What do you find interests you most about this vignette?