Business
DR. PHONE FIX ACCELERATES NATIONAL EXPANSION, GROWS STORE COUNT TO 44 AND DELIVERS STRONG SAME-STORE PERFORMANCE
DR. PHONE FIX ACCELERATES NATIONAL EXPANSION, GROWS STORE COUNT TO 44 AND DELIVERS STRONG SAME-ST...
About this update from Dr. Phone Fix Canada Corporation
[{"type":"text","content":"\n\n\nDR. PHONE FIX ACCELERATES NATIONAL EXPANSION, GROWS STORE COUNT TO 44 AND DELIVERS STRONG SAME-STORE PERFORMANCE\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\nEDMONTON, AB, Jan. 22, 2026 /CNW/ - Dr. Phone Fix Canada Corporation (TSXV: DPF) (\"Dr. Phone Fix\" or the \"Company\"), one of Canada's fastest-growing consumer electronics repair and resale platforms, today provided a corporate update highlighting significant expansion momentum and continued operational performance across its retail network.\nOver the final 44 days of 2025, Dr. Phone Fix increased its store count from 35 to 44 locations, representing a 26% expansion of the Company over a short period of time. This growth was driven by a combination of the following initiatives:\nSix (6) locations were added through the previously announced acquisition of the assets of Geebo Device Repair Inc., in Atlantic Canada; andThree (3) additional stores were added to the Company's store network, including:One (1) in Alberta;One (1) in Nova Scotia; andOne (1) in OntarioIn parallel with this expansion, the Company continued to demonstrate improving store-level economics. From October to December 2025, the average annualized revenue across the Company's original 35 stores increased from approximately $320,000 per store to ~$350,000 per store, reflecting stronger execution, improved operational processes, and growing brand recognition. This same-store performance improvement highlights Dr. Phone Fix's ability to scale while enhancing productivity and unit economics.\n\"This update reflects the strength of our operating model,\" said Piyush Sawhney, Founder and Chief Executive Officer of Dr. Phone Fix. \"We are expanding rapidly while simultaneously improving performance at the store level. That combination is exactly what we believe will drive long-term shareholder value.\"\nGrowth Strategy Outlook\nDr. Phone Fix's growth strategy is focused on two complementary pillars:\n...