Side by sideLoblaw (L.TO) and Dollarama (DOL.TO)Memos of October 14, 2026 and October 11, 2026
Loblaw vs Dollarama stock: the numbers side by side (October 2026)
How do Loblaw and Dollarama compare?
| Loblaw L.TO | Dollarama DOL.TO | |
|---|---|---|
| Revenue growth | 6.3%Jan 2026 | 13.1%Feb 2026 |
| Operating margin | 6.9%Jan 2026 | 26.7%Feb 2026 |
| Free cash flow | 1,900C$ millions, without PC Financial · Jan 2026 | 983,526C$ thousands · Feb 2026 |
| Free cash flow yield | 2.6%Today (Oct 14, 2026) | 1.9%Today (Oct 11, 2026) |
| Dividend yield | 1.0%Today (Oct 14, 2026) | 0.3%Today (Oct 11, 2026) |
| P/E, last 12 months | 28.5xToday (Oct 14, 2026) | 38.4xToday (Oct 11, 2026) |
| P/E, next 12 months | 25.1xToday (Oct 14, 2026) | 37.3xToday (Oct 11, 2026) |
| Weighted price forecast, about 1 year | 71.10 (+12%)October 2027 | 181.89 (-5%)October 2027 |
| Weighted price forecast, about 3 years | 80.59 (+29%)October 2029 | 204.98 (+8%)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | Dollarama | The higher figure |
| Operating margin | Dollarama | The higher figure |
| Free cash flow | — | The higher figure |
| Free cash flow yield | Loblaw | The higher figure |
| Dividend yield | Loblaw | The higher figure |
| P/E, last 12 months | Loblaw | The lower figure |
| P/E, next 12 months | Loblaw | The lower figure |
| Weighted price forecast, about 1 year | Loblaw | The higher weighted return |
| Weighted price forecast, about 3 years | Loblaw | The higher weighted return |
What does each company do?
Loblaw sells groceries, household goods, prescriptions, pharmacy services, beauty products and apparel to Canadian shoppers and patients.
Loblaw (L.TO), from our memo of October 14, 2026 · Loblaw stock forecast
Dollarama sells everyday goods, consumables and seasonal items to individual shoppers, who pay per item at checkout.
Dollarama (DOL.TO), from our memo of October 11, 2026 · Dollarama stock forecast