)

Dollarama (DOL) investor relations material
Dollarama Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved 10.3% year-over-year sales growth in Q2 FY2026 to over $1.7 billion, driven by Canadian store expansion, strong same store sales, and international growth including Dollarcity's first store in Mexico and the acquisition of The Reject Shop in Australia.
Operates 2,718 retail locations across seven countries, with 1,665 stores in Canada, 658 Dollarcity stores in five Latin American countries, and 395 stores in Australia.
Canadian core business remains the foundation, with continued growth and execution supporting broader ambitions and a clear strategy to scale Dollarcity in LATAM and accelerate growth in Australia.
Integration of the Australian acquisition (TRS) is underway, with gradual conversion to the Dollarama model and a long-term target of 700 stores in Australia.
Strong brand recognition, broad customer appeal, and a capital-efficient, growth-oriented business model underpin performance.
Financial highlights
Q2 FY2026 sales reached $1,724 million, up 10.3% year-over-year, with 4.9% same store sales growth in Canada and new store openings.
EBITDA for Q2 FY2026 was $588.5 million (34.1% of sales), up 12.2% year-over-year; net earnings were $321.5 million, up 12.4%; diluted EPS at $1.16, up 13.7%.
Gross margin improved to 45.5% from 45.2% year-over-year, mainly due to lower logistics costs.
SG&A rose to 14% of sales (from 13.6%), reflecting higher costs from the Australian segment and a one-time transaction cost.
Dollarcity contributed $38.3 million in net earnings in Q2, up from $22.7 million year-over-year; LTM Dollarcity net earnings contribution was $163.8 million.
Outlook and guidance
Full-year same store sales guidance for Canada remains 3–4%, now expected at the upper end; gross margin guidance for Canada maintained at 44.2–45.2%, also expected at the upper end.
FY2026 guidance for Canadian segment: 70–80 net new stores, comparable store sales growth of 3.0%–4.0%, gross margin 44.2%–45.2%, SG&A 14.2%–14.7%, capex $285–$330 million.
No bottom line contribution or guidance expected from the Australian segment in FY2026 due to integration costs; no SSS guidance for Australia during transformation.
Long-term targets: 2,200 Dollarama stores in Canada by 2034, 1,050 Dollarcity stores in LATAM by 2031, and 700 stores in Australia by 2034.
Next Dollarama earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage