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Dollarama (TSX: DOL) to Open 60-70 New Stores in FY25, eyes gross margin expansion to 44-45%
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Highlights
Dollarama Inc (TSX:DOL) is a discount retailer based in Canada. It offers a huge variety of everyday items. The bulk of its offerings consist of general merchandise and consumer goods. It has a market cap of CAD 38.87bn.
In Q2 2025, Dollarama reported a total revenue of CAD 1,563.4 million, marking a 7.4% increase from CAD 1,455.9 million in the previous corresponding period (pcp). This growth was primarily driven by an expansion in the number of stores. Operating income reached CAD 422.8 million, up 15.3% from CAD 366.7 million in pcp. The surge in operating income can be ascribed to higher revenue and gross profit levels.
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