Neil Rossy - Dollarama President, Chief Executive Officer, Director

DOL Stock  CAD 145.84  1.06  0.73%   

CEO

Mr. Neil Rossy is President, Chief Executive Officer, Director of the company. He is a member of the Board of Directors and currently serves as Chief Merchandising Officer. As announced on March 30, 2016, Neil Rossy was appointed by the Board of Directors as Dollaramas next President and CEO, effective May 1, 2016. With the company since its inception in 1992, he was involved in all aspects of Dollaramas business, supply chain and daytoday operations. Over the last two decades, Neil Rossy has played an increasingly important role in strategic decisions related to warehousing and distribution, direct sourcing, brand identity, product development and merchandising innovations that define Dollarama and underpin its success. He is a graduate of Queens University. since 2016.
Age 54
Tenure 8 years
Address 5805 Royalmount Avenue, Mount Royal, QC, Canada, H4P 0A1
Phone888 365 4266
Webhttps://www.dollarama.com
Rossy is responsible for store design, merchandising, product development and special projects. He holds a Bachelor of Arts from Queen’s University.

Dollarama Management Efficiency

The company has return on total asset (ROA) of 0.1658 % which means that it generated a profit of $0.1658 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 1.5646 %, meaning that it generated $1.5646 on every $100 dollars invested by stockholders. Dollarama's management efficiency ratios could be used to measure how well Dollarama manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Equity is likely to grow to 2.79, while Return On Tangible Assets are likely to drop 0.22. At this time, Dollarama's Total Assets are very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 4.8 B, though Non Currrent Assets Other are likely to grow to (3.1 B).
Dollarama has accumulated 4.33 B in total debt. Dollarama has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Dollarama until it has trouble settling it off, either with new capital or with free cash flow. So, Dollarama's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dollarama sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dollarama to invest in growth at high rates of return. When we think about Dollarama's use of debt, we should always consider it together with cash and equity.

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Its stores offer general merchandise, consumables, and seasonal items. Dollarama Inc. was founded in 1992 and is headquartered in Montreal, Canada. DOLLARAMA INC operates under Diversified Wholesale And Retail classification in Canada and is traded on Toronto Stock Exchange. Dollarama (DOL) is traded on Toronto Exchange in Canada and employs 24 people. Dollarama is listed under General Merchandise Stores category by Fama And French industry classification.

Management Performance

Dollarama Leadership Team

Elected by the shareholders, the Dollarama's board of directors comprises two types of representatives: Dollarama inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dollarama. The board's role is to monitor Dollarama's management team and ensure that shareholders' interests are well served. Dollarama's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dollarama's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Gunn, Independent Chairman of the Board
Kristin Mugford, Lead Non-Executive Independent Director
Elisa C, Non-Executive Independent Director
Nicolas Hien, Senior Vice President - Project Management and Systems
ACA FCA, Special Advisor
Johanne Choinire, Chief Operating Officer
Laurence Abbe, Sr Sec
Nicholas Nomicos, Non-Executive Independent Director
Richard Roy, Non-Executive Independent Director
JeanPhilippe DurivageLachance, VP Treasurer
Laurence LAbbe, Senior Secretary
Neil Rossy, President, Chief Executive Officer, Director
Gregory David, Non-Executive Director
Michael Ross, Chief Financial Officer
Laurence Rossy, Founder Emeritus
Josee Kouri, Vice President - Legal Affairs and Corporate Secretary
JeanPhilippe Towner, Chief Officer
Mark Pesa, Senior Resources
Huw Thomas, Non-Executive Independent Director
John Assaly, Vice President - Global Procurement
Larry Rossy, Chairman of the Board, CEO
Patrick Bui, Chief Officer
Joshua Bekenstein, Non-Executive Independent Director
Geoffrey Robillard, Senior Vice President - Import Division

Dollarama Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Dollarama a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Dollarama

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dollarama position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dollarama will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Dollarama could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dollarama when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dollarama - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dollarama to buy it.
The correlation of Dollarama is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dollarama moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dollarama moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dollarama can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Dollarama Stock

Dollarama financial ratios help investors to determine whether Dollarama Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dollarama with respect to the benefits of owning Dollarama security.