Dollarama Inc. (DOL) Earnings Call Transcripts

Dollarama Inc.'s Latest Earnings Call - Q1 FY2027

In the first quarter of fiscal 2027, Dollarama Inc. reported a robust performance with revenues reaching nearly $1.9 billion, a 21.4% increase year-over-year. Net earnings rose to $302 million, translating to a diluted EPS of $1.11, up 13.3% from the previous year. Management maintained its same-store sales guidance at 3% to 4% for the full year, reflecting cautious optimism amidst ongoing inflationary pressures and a competitive retail environment.

Reported metrics

Guidance from management

Management maintained its full-year same-store sales growth guidance at 3% to 4% and gross margin guidance at 45% to 45.5%. They expressed caution regarding inflationary pressures impacting future performance.

What management said

Yes. Look, I can maybe comment more specifically about Q1. I mean I think in Q1, we saw fairly consistent trends throughout the quarter. And including as we exited the quarter, there appears to have been some strength, some pent-up demand in the front end after a softer Q4. And then as we move through the quarter, like other retailers, there was some variability in the back end due to the late arrival of spring and s...

Sure. No, there hasn't been any new categories added to the store. The existing categories flex over time, depending on the interest of the customers. So when there are trends in the toy industry that make toys hot, we tend to buy more toys. And when crafting is experiencing trend, we tend to have more craft items in the store. So as retailers within the limits of our fixed price points, we're always trying to offer ...

What analysts pressed on

Analysts expressed concerns regarding the potential impact of inflation on margins and the competitive landscape in Australia. There were also inquiries about the timing and effectiveness of the product transitions in Australia and how they might affect sales.

Main topics on the call

• Strong Same-Store Sales Growth — Dollarama achieved a 5.6% increase in same-store sales for Q1, outperforming the 4.9% growth from the previous year. Management noted, "The elevated same-store sales in Q1 also reflects the recovery in demand following t...
• Expansion Plans in Canada and Latin America — The company opened 28 net new stores in Canada, bringing the total to 1,719 stores. In Latin America, Dollarcity opened 20 new stores, increasing its footprint to 741 locations. Management emphasized their commitment to ...
• Logistics Cost Improvements — Dollarama reported a gross margin of 45% for Q1, up from 44.2% in the prior year, attributed to lower logistics costs. CFO Patrick Bui highlighted that the quarter was smooth, stating, "We did not incur any friction or r...
• Cautious Outlook on Same-Store Sales — Despite strong performance, management maintained a cautious outlook for same-store sales growth at 3% to 4% for the full year, citing weakening consumer confidence. Bui noted, "Overall consumer confidence appears to be ...

Read the full Dollarama Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 Dollarama Inc. earnings call transcripts on record, spanning April 1, 2020 to June 11, 2026. Based on this history, Dollarama Inc. reports quarterly. The most recent call on file is dated June 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DOL

Exchange

TSX

Country

CA

Sector

Consumer Discretionary

Industry

Broadline Retail

Calls on record

24

First call

April 1, 2020

Most recent

June 11, 2026

Reporting cadence

quarterly