Dollarama reported increased sales in its second quarter as it expanded its reach. Photo by Peter J. Thompson / Financial Post
Dollarama Inc. reported higher sales and earnings in the second quarter as the discount retailer expanded into two new international markets.
The company’s sales were up 10.3 per cent to $1.72 billion in the quarter ended Aug. 3, an increase it said was driven by growth in its total number of stores. This includes sales by stores acquired in its $208.8-million purchase of The Reject Shop Ltd., the largest discount retailer in Australia.
The retailer also opened its first Dollarcity store in Mexico in the quarter.
“The second quarter of fiscal 2026 marked a significant milestone in our international expansion, with entries into two new markets,” chief exe