US EditionDollarama reports $321.7M Q3 profit, up from $275.8M a year ago
Dollarama's third-quarter net earnings rose 16.6% to $321.7 million on $1.91 billion sales, driven by Canadian and Australian store growth and strong consumer demand.
- Dollarama Inc., Montreal-based retailer, reported a third-quarter profit of $321.7 million, up from $285 million, with earnings of $1.17 per diluted share for the quarter ended Nov. 2.
- Canadian consumers are opting for discounted options, driving stronger traffic alongside sales growth fueled by the addition of 401 stores in Australia, Dollarama Inc. said.
- The retailer reported a 6.0 per cent increase in comparable-store sales in Canada, with EBITDA up 20.1 per cent to $481.2 million and operating income rising 18 per cent to $481.2 million.
- The company updated its 2026 guidance on Thursday, raising comparable-sales to 4.2 per cent–4.7 per cent, gross margin to 45.0 per cent–45.5 per cent, and revising Canadian capital expenditures to $240 million–$285 million.
- This week the retailer released results, with Dollarama Inc. raising its annual sales forecast, citing resilient demand amid high inflation and expecting continued positive customer response in Q4.
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18 Articles
Dollarama Sales Surge 22% as Shoppers Flock to Lower-Cost Household Staples
Dollarama sales hit nearly $2 billion in its latest quarter amid the rising cost of living, as consumer purchases of household goods like groceries and toiletries helped increase sales by 22.2 percent. The Canadian discount retailer reported $1.9 billion for the third quarter ending on Nov. 2, in contrast to $1.5 billion for the same timeframe last year, according to Dollarama’s financial results for the third quarter announced on Dec. 1. Dollar…
Consumers continue to seek refuge from inflation at Dollarama. The financial results of the Montreal retailer, published on Thursday, surpassed the expectations of investors, who already had high expectations.
Dollarama reports $321.7M Q3 profit, up from $275.8M a year ago
MONTREAL — Dollarama Inc. reported a third-quarter profit of $321.7 million, up from $275.8 million in the same quarter last year. The retailer says the profit amounted to $1.17 per diluted share for the quarter ended Nov. 2, up from 98 cents per diluted share a year earlier. Sales for what was the third quarter […]
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