- Dollarama (TSX:DOL) has been navigating the impact of counter-tariffs imposed by Canada in response to U.S. tariffs
- Despite these challenges, Dollarama’s CEO Neil Rossy has stated that the impact is manageable and the company remains resilient in a “weakening economic environment”
- Dollarama’s Q4 earnings have shown growth, with C$391 million or C$1.40 per diluted share, up from C$323.8 million or C$1.15 per diluted share a year earlier
- Dollarama Inc. (TSX:DOL) opened trading at C$174.00
Looking for a juicy discount? Dollarama (TSX:DOL) has been navigating the impact of counter-tariffs imposed by Canada in response to U.S. tariffs.
Despite these challenges, Dollarama’s CEO Neil Rossy has stated that the impact is manageable and the company remains resilient in a “weakening economic environment”. Dollarama’s Q4 earnings have shown growth. Sales increased by 9.3 per cent in fiscal 2025 to C$6,413.1 million, compared to C$5,867.3 million in fiscal 2024.
“In the last year, we have made excellent progress advancing our growth prospects in Canada and in Latin America and furthering our international expansion with the proposed acquisition of The Reject Shop in Australia, reflecting our conviction in the relevance of our business model across demographics and geographies,” CEO Rossy said in a news release on those results.
Dollarama Inc. runs a dollar store chain that offers various assortment of general merchandise, consumable products, and seasonal items.
Dollarama stock (TSX:DOL) opened trading at C$174.00 and has risen more than 50 per cent compared to this time last year.
The stock is better off than its American colleague, Dollar Tree Inc. (NASDAQ:DLTR), which has lost more than 35 per cent since this time last year and reported that its gross profit declined by 2.8 per cent in Q4 2024 to US$1.9 billion.
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(Top image via Dollarama Inc.)
