07:35 AM EDT, 04/03/2025 (MT Newswires) -- Dollarama ( DLMAF ) on Thursday reported fourth-quarter net earnings and sales that beat forecasts. The company also announced a 15% dividend increase, to $0.11.

Net earnings increased to $391 million, or $1.40 per share, from $324 million, or $1.15 per share, in the previous corresponding quarter. The result beat the consensus analyst estimate of $1.31 per share, according to FactSet.

Sales increased 15% to $1.9 billion, beating the forecast of $1.86 billion. This increase was driven by growth in the total number of stores over the past 12 months and comparable store sales growth of 4.9%.

The company said 15 net new stores opened during the quarter, compared with 10 net new stores in the prior year period.

For fiscal 2026, Dollarama ( DLMAF ) is planning for 70 to 80 net new store openings, with comparable store sales of 3% to 4%, below fiscal 2025's 4.6% comparable store sales.

Dollarama ( DLMAF ) will pay the higher dividend on May 9.