Key Points – Dollarama posted a strong first quarter, with consolidated sales up 21.4% to nearly CAD 1.9 billion and diluted EPS rising to CAD 1.11.
EBITDA also increased 17.4% to CAD 583 million, helped by growth in Canada, Latin America, and the newly added Australian business. – Canadian same-store sales climbed 5.6%, driven by higher traffic and basket sizes, while the company opened 28 net new stores in Canada and stayed on track for 60 to 70 openings in fiscal 2027
Even so, Dollarama kept its full-year same-store sales outlook at 3% to 4% amid concerns about inflation and softer consumer confidence. – International growth remained a key theme: Dollarcity added 20 stores and continued scaling in Mexico, while Dollarama began rolling out its product and store transformation in Australia. The company also returned capital through nearly CAD 339.1 million in share buybacks and approved a quarterly dividend of CAD 0.12 per share. Dollarama (TSE:DOL) reported higher first-quarter fiscal 2027 sales and earnings, supported by same-store sales growth in Canada, continued expansion in Latin America and the addition of its Australian business.
On the company’s earnings call, President and CEO Neil Rossy said Dollarama delivered “a strong performance” in the quarter as it pursued profitable growth in Canada while advancing international growth initiatives. CFO Patrick Bui said consolidated sales rose 21.4% to nearly CAD 1.9 billion, reflecting store network growth, Canadian same-store sales gains and the sales contribution from Australia. EBITDA increased 17.4% to CAD 583 million, representing an EBITDA margin of 31.6%.