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  5. DOL: Hi 5i, may I have your thoughts on quarter and if anything interesting comes out of CC today. [Dollarama Inc.]
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Q: Hi 5i, may I have your thoughts on quarter and if anything interesting comes out of CC today. I'm curious how the Mexico and Australia expansions are proceeding. Thx.
Asked by Christopher on August 27, 2025
5i Research Answer:

We have posted comments on the quarter this morning. On the CC the company discussed a lot of its international potential, and all seems to be going well there. Mexico and Australia are very different markets but the company is ready to adapt. Dollarcity opened its first store. It is still early days there. Australia's acquisition closed near the end of the quarter and included only 13 days and thus the next quarter will be more material. Dollarama merchandise is starting to be phased into regional stores now. DOL plans 700 stores in country by 2034 (up from 395 now). The rest of the call was not overly eventful, but generally positive. The dip today is likely due to the fact that the company did not raise 2026 guidance despite overall positive direction on many fronts.