- Dollarama updated its full-year comparable sales forecast to 4.2% to 4.7%, previously at 3% to 4%.
- The gross margin expectation increased to between 45% and 45.5% from the previous 44.2% to 45.2% range.
- Capital expenditure is now projected between C$240 million to C$285 million, down from C$285.0 million to C$330.0 million.
- Plans to open 70 to 80 new stores remain unchanged, with estimates at 77.36 stores.
- In Q3, Dollarama’s comparable sales rose by 6% year-over-year, exceeding the estimate of 4.65%.
- Total sales reached C$1.91 billion, marking a 22% increase year-over-year, surpassing the estimate of C$1.86 billion.
- Gross margin slightly increased to 44.8% from 44.7% in the previous year.
- EBITDA rose by 20% year-over-year to C$612.0 million, which was higher than the estimated C$578.8 million.
- Earnings per share (EPS) was C$1.17, up from C$0.98 in the previous year, exceeding the estimate of C$1.10.
- Net income was reported at C$321.7 million, a 17% increase year-over-year, beating the estimated C$304.7 million.
- Dollarama added 25 new stores, which was higher than the anticipated growth of 16 stores.
- Total number of Dollarama stores grew by 30% to 2,085 stores, surpassing the estimate of 1,719 stores.
- Market analyst recommendations include 10 buy ratings, 6 hold ratings, and 1 sell rating.
Dollarama on Smartkarma
Analyst coverage of Dollarama on Smartkarma reveals a bullish sentiment towards the company’s prospects. The recent report titled “Primer: Dollarama (DOL CN) – Sep 2025″ by αSK highlights Dollarama’s position as the dominant market leader in the Canadian value retail sector. With over 1,500 stores, Dollarama commands a significant market share, leveraging its scale for competitive advantages in sourcing, logistics, and brand recognition. The company has demonstrated consistent financial outperformance, delivering robust growth in revenue, net income, and earnings per share, driven by new store openings and strong same-store sales growth.
The analysts on Smartkarma emphasize Dollarama’s strategic growth initiatives, including the expansion of its Canadian store network and international growth through ventures like Dollarcity in Latin America and the acquisition of The Reject Shop in Australia. These initiatives position Dollarama for continued success in the retail market. Investors seeking insights into Dollarama’s performance and growth potential can benefit from the in-depth research and analysis available on Smartkarma from top independent analysts like those at αSK.
A look at Dollarama Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Dollarama has a positive long-term outlook in several key areas. With above-average scores in Growth and Momentum, the company is positioned for continued expansion and strong performance in the market. Dollarama’s focus on resilience and ability to adapt to changing market conditions also bode well for its future prospects.
Dollarama, an online marketplace specializing in a wide range of products, including cleaning supplies, office essentials, electronics, and pet items, serves the Canadian market. With its solid ratings in Growth and Momentum, investors may see potential for sustained success and growth in the coming years.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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