Western Grocer Serving the industry since 1916
MONTRÉAL, Sept. 16, 2026 /CNW/ — Dollarama Inc. (TSX: DOL) (“Dollarama” or the “Corporation”) today reported its financial results for the second quarter ended August 2, 2026.
The comparative information for the second quarter of fiscal 2026 includes the financial results of The Reject Shop Limited (now Dollarama Australia Pty Limited, “Dollarama Australia”) for the 13-day period from July 22, 2025 to August 3, 2025 (the “Post-Acquisition Period”), whereas the results for the second quarter of fiscal 2027 include a full quarter of operations.
Refer to “Selected Segmented Financial Information” on page 6 of this press release for additional information regarding the Corporation’s Canadian and Australian reportable segments.
Fiscal 2027 Second Quarter Results Highlights Compared to Fiscal 2026 Second Quarter
- Sales increased by 17.6% to $2,026.6 million, compared to $1,723.8 million
- Comparable store sales(1) in Canada increased by 5.4%, compared to 4.9% in the second quarter of the previous year
- EBITDA(1) increased by 11.0% to $653.0 million, representing an EBITDA margin(1) of 32.2%, compared to 34.1%
- Operating income increased by 7.0% to $517.3 million, representing an Operating margin(1) of 25.5%, compared to 28.0%
- Net earnings increased by 8.7% to $349.3 million, resulting in an 11.2% increase in diluted net earnings per common share to $1.29, compared to $1.16
- 15 net new stores opened in Canada, compared to 27 in the corresponding period of the previous year
- 4 net new stores opened and 25 stores renovated in Australia, all operating under the legacy banner
- 1,596,016 common shares repurchased for cancellation at a cost of $300.4 million
“At a time when households are making careful spending decisions, customers continued to count on Dollarama for dependable value. Together with the execution of our teams, this contributed to our strong second-quarter performance and supports the increase in our annual Canadian Comparable store sales and net new store opening guidance,” said Mr. Neil Rossy, President and CEO.
“We continue to drive profitable growth in Canada, and Central and South America, while building our presence in Mexico and advancing the transformation of our Australian business. Across all markets, our teams remain focused on earning every customer visit through strong value, convenient locations, a compelling assortment and a consistent shopping experience,” concluded Mr. Rossy.
