Dollarama earnings date and guidance
Dollarama's next results are expected on December 10, 2026. Watch whether Canadian traffic remains strong while international investment begins earning its keep.
What has Dollarama guided for the year?
Management guides to 4.0%–4.5% Canadian comparable-store sales growth and 65–75 net new Canadian stores for the year to January 2027. Canadian gross margin guidance is 45.0%–45.5%, with SG&A at 14.1%–14.6% of sales. Australia is slated for 60–80 renovations and A$35–45 million of incremental expenses.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Net new store openings — Canadian segment (units) | Year to Jan 2027 | 65 | 75 | Sep 16, 2026 |
| Comparable store sales — Canadian segment (%) | Year to Jan 2027 | 4.0% | 4.5% | Sep 16, 2026 |
| Gross margin — Canadian segment (%) | Year to Jan 2027 | 45.0% | 45.5% | Mar 24, 2026 |
| SG&A — Canadian segment (%) | Year to Jan 2027 | 14.1% | 14.6% | Mar 24, 2026 |
| Renovation of stores — Australian segment (units) | Year to Jan 2027 | 60 | 80 | Mar 24, 2026 |
| Incremental expenses — Australian segment (A$ millions) | Year to Jan 2027 | 35.0 | 45.0 | Mar 24, 2026 |
Has Dollarama kept its past promises?
Dollarama forecast 70–80 net new Canadian stores. It delivered 75. The company forecast comparable-store sales growth of 3.0%–4.0%, and delivered 4.2%. Comparable-store sales show how established stores perform, so these results indicate more than growth from opening locations.
What is Dollarama's recent revenue and profit trend?
The August 2026 quarter shows healthy Canadian trading, but Australia widened the gap between sales growth and profit growth. Consolidated revenue grew 17.6%, while operating income grew 7.0% and net income grew 8.7%.
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,026,645 | 1,846,089 | 2,101,264 | 1,909,442 | 1,723,838 | 1,521,210 | 1,881,345 | 1,562,644 |
| Gross margin | 44.5% | 43.9% | 45.5% | 44.8% | 45.5% | 44.2% | 46.8% | 44.7% |
| Operating income | 517,339 | 432,245 | 584,404 | 481,195 | 483,476 | 388,784 | 558,292 | 407,492 |
| Net income | 349,315 | 302,274 | 392,460 | 321,724 | 321,498 | 273,756 | 390,954 | 275,806 |
| EPS, diluted | 1.29 | 1.11 | 1.43 | 1.17 | 1.16 | 0.98 | 1.40 | 0.98 |
| = Free cash flow | 358,643 | 93,797 | 346,937 | 247,088 | 269,321 | 120,335 | 356,431 | 220,262 |
What should Dollarama watch in the next release?
The next results must show whether Canadian traffic remains strong while international investment begins earning its keep.