Strong Start to Fiscal 2026
Dollarama reported a 4.9% increase in same-store sales (SSS) and an 8.2% increase in total sales compared to the same period last year, reaching over $1.5 billion. This reflects a 3.7% increase in transactions and a 1.2% increase in average transaction size.
Expansion and Growth
The company opened 22 net new stores in Canada, bringing the total to 1,638. In Latin America, Dollarcity opened 12 new stores, increasing their total to 644. Dollarama is also entering the Mexican market, with the first stores expected to open imminently.
Gross Margin Improvement
Gross margin improved to 44.2% from 43.2% due to lower logistics costs and reduced inventory shrinkage.
EBITDA Growth
EBITDA reached $496.2 million, representing an EBITDA margin of 32.6%, compared to $417.7 million and a 29.7% margin last year.
Record Net Earnings per Share
Diluted net earnings per share increased by 27.3% to $0.98.