The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Vishal Shreedhar - National Bank Financial, Inc., Research Division - Analyst
: Congrats on the announcement. I just want to validate. So on the quarters, you won't be giving us same-store sales growth for the Dollarcity?
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Question: Vishal Shreedhar - National Bank Financial, Inc., Research Division - Analyst
: Can you describe more about the put option? Is that price predetermined or rather the multiple predetermined? And is Dollarama's interest at one
point in acquiring the entirety of the business or do you perceive being a majority holder for a long period of time?
Question: Vishal Shreedhar - National Bank Financial, Inc., Research Division - Analyst
: Regarding the purchase price, could you give us the net debt associated with that as well?
Question: Vishal Shreedhar - National Bank Financial, Inc., Research Division - Analyst
: How should investors think about the cash flows from Dollarcity coming back to Dollarama? Do you anticipate those will stay in Dollarcity for a
period of time to fund growth? Or should investors expect some dividends coming back?
Question: Vishal Shreedhar - National Bank Financial, Inc., Research Division - Analyst
: Okay. And I think the answer hopefully is obvious, but the EBITDA that you provided in your deck that -- that's not IFRS 16, right?
Question: Patricia A. Baker - Scotiabank Global Banking and Markets, Research Division - Analyst
: Most of my questions have been answered, but I do have one. You provided some demographic information in the slide deck, but I'm just curious
if you could talk a little bit about what the workforce is like particularly in Colombia? And whether there is already a workforce for working in the
stores, et cetera? And what the turnover experience is? Is it similar to that of Dollarama?
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