07:33 AM EDT, 08/27/2025 (MT Newswires) -- Dollarama ( DLMAF ) on Tuesday said second-quarter net income, sales advanced.

The company, which now manages its business through the Canadian and Australian segments, said net earnings increased by 12.4% to $321.5 million, or $1.16, per diluted share, from $285.9 million, or $1.02 per diluted share, in the prior year period. Analysts' polled by FactSet had expected $1.16 per share.

Quarterly sales rose 10.3% to $1.72 billion, beating the $1.69 billion forecast. This increase was driven by growth in the total number of stores (from 1,583 to 2,060), including the contribution from The Reject Shop acquisition in Australia, which generated $25.7 million of sales. Comparable store sales in Canada increased by 4.9%.

Dollarama ( DLMAF ) confirmed its fiscal 2026 guidance for the Canadian arm of its business, which includes 70 to 80 new store openings and 3% to 4% comparable store sales. It did not provide an outlook for the Australian segment for fiscal 2026.

The company will pay a quarterly dividend of $0.11 per share, on Nov. 7.