Dollarama posted strong Q2 results with C$2 billion in sales and raised its fiscal 2027 guidance, supported by accelerated Canadian store openings and international expansion in Latin America and Australia.
Dollarama reported strong Q2 results with 17.6% sales growth and raised its fiscal 2027 same-store sales outlook, indicating robust performance.
Dollarama reported a strong second quarter with sales climbing 17.6% to over C$2 billion and diluted EPS rising 11.2% to C$1.29. Driven by robust Canadian same-store sales growth of 5.4%, the company raised its fiscal 2027 outlook for store openings and same-store sales, signaling continued momentum despite broader economic uncertainties.
The company increased its target to 65-75 net new Canadian stores to capitalize on immediate growth opportunities identified within the current fiscal year.
The company is utilizing sourcing, merchandising, and operational efficiencies to offset costs, viewing price increases as a last resort and maintaining its current C$5 maximum price point.