Dollarama Reports Strong Q1 2026 Results and Expands Internationally

Dollarama ( (TSE:DOL) ) has issued an announcement.

Dollarama Inc. reported strong financial results for the first quarter of fiscal 2026, with an 8.2% increase in sales to $1,521.2 million and a 26.9% rise in net earnings to $273.8 million. The company attributes this growth to increased store numbers, strong demand for consumables, and successful seasonal offerings. Dollarama is also advancing its international expansion plans with the imminent opening of its first stores in Mexico and the anticipated acquisition of Australia’s largest discount retailer, The Reject Shop, which is expected to close by the end of July.

The most recent analyst rating on (TSE:DOL) stock is a Hold with a C$128.00 price target. To see the full list of analyst forecasts on Dollarama stock, see the TSE:DOL Stock Forecast page.

Spark’s Take on TSE:DOL Stock

According to Spark, TipRanks’ AI Analyst, TSE:DOL is a Outperform.

Dollarama’s strong financial performance and positive earnings call sentiments are the primary drivers of its score, supported by strategic expansions and consistent revenue growth. However, high valuation metrics and overbought technical indicators suggest caution.

To see Spark’s full report on TSE:DOL stock, click here.

More about Dollarama

Dollarama Inc. operates in the retail industry, primarily focusing on offering a wide range of general merchandise, consumables, and seasonal products at low fixed price points. The company is a leading dollar store operator in Canada and is expanding its presence in Latin America through its Dollarcity partnership.

Average Trading Volume: 706,836

Technical Sentiment Signal: Buy

Current Market Cap: C$48.69B

For an in-depth examination of DOL stock, go to TipRanks’ Stock Analysis page.