DBRS confirms Dollarama

DBRS said it confirmed the issuer rating and senior unsecured notes rating of Dollarama Inc. at BBB, both with stable trends.

The agency said the confirmations are based on Dollarama’s strong operating performance in the last year and consistent financial management.

“The ratings are based on the company’s strong brand and market position, proven track record of growth and efficient operations,” the agency said in a news release.

“The ratings also consider the competitive retail environment and dependence on supply chain management to maintain low prices.”

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