The following is a summary of the Dollarama Inc. (DLMAF) Q3 2025 Earnings Call Transcript:
Financial Performance:
Dollarama reported a third-quarter EPS of $0.98, a 6.5% increase year-over-year.
Sales growth for Q3 was 5.7% year-over-year, totaling over $1.5 billion.
Same store sales growth was recorded at 3.3%, with a two-year stack of 14.4%.Gross margin was reported at 44.7%, a decrease from 45.4% the previous year, attributed to higher sales of consumable products and logistics costs.
Business Progress:
Increased long-term growth plans in Canada, now targeting 2,200 stores by 2034.
Opened 50 net new stores during the year, on track for 60 to 70 by fiscal year-end.
Plans to develop a two-node logistics operation in Canada, optimizing distribution and supporting nationwide growth.
Announced the opening of the 1,600th store in Canada and the development of a new distribution center in the Calgary region.
Opportunities:
Continued opportunity for profitable growth across Canada supported by increased store target to 2,200 by 2034.
Expansion in Latin America with Dollarcity, and plans to enter Mexico by 2026, showing an aggressive approach towards tapping into new markets.
Dollarcity opened 18 net new stores during the quarter, with a total count of 588 stores.
More details: DOLLARAMA INC IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
