Dollarama Inc. Q4 2026 Earnings Recap

Dollarama reported robust fiscal 2026 results, achieving 4.2% same-store sales growth in Canada and nearly 14% year-over-year EPS increase, while advancing international expansion efforts.

Key Takeaways

• Successfully opened 75 net new stores in Canada, reaching a total of 1,691 locations, with plans for 60 to 70 more in fiscal 2027.
• Dollarcity entry into Mexico and acquisition of a national discount chain in Australia signify strategic international growth.
• Despite adverse weather impacting fourth quarter sales, a resilient demand for both consumables and general merchandise was observed.
• Continued development of a logistics hub in Western Canada is on schedule, aiming for operational readiness by the end of 2027 to support future growth.
• Transformation initiatives in Australia are underway, focused on merchandising, store experience, and network optimization, with new product imports expected soon.