Dollarama reports 9.3% sales increase in fiscal 2025, fueled by store expansion and higher sales

From Yahoo Finance: 2025-04-04 11:47:00

Canadian retail chain Dollarama reported a 9.3% increase in sales for fiscal 2025, totaling C$6.41bn. This growth was fueled by store expansion and higher sales at existing locations. Comparable store sales rose by 4.6%. Operating income increased by 14.4% to $1.71bn, with a 16.9% rise in diluted net earnings per share.

In the fourth quarter of FY25, Dollarama’s sales surged by 14.8% to C$1.88bn, with a gross margin of 46.8%. Operating income for the quarter improved by 20.1% to C$558.3m. Earnings per share increased by 21.7%. The company’s store count rose to 1,616.

Looking ahead to fiscal 2026, Dollarama expects comparable store sales growth of 3-4% and gross margins between 44.2% and 45.2%. SG&A expenses are projected to rise by 14.2-14.7%. In a strategic move, Dollarama agreed to acquire Australian discount retailer The Reject Shop for A$6.68 per share in cash.

Read more: Dollarama achieves 9.3% sales surge in fiscal 2025