Business
PesoRama Reports 2026 Q2 Financial Results
Total sales increased by 20% in 2025 compared to 2024 (i) Product gross margins increa...
About this update from Pesorama Inc
[{"type":"text","content":"PesoRama Reports 2026 Q2 Financial ResultsTotal sales increased by 20% in 2025 compared to 2024 (i)Product gross margins increased by 3.2% to 46%Same store sales increased by 5% in 2025 compared to 2024 (i)Average ticket increased by 20.2% in 2025 compared to 2024Closed $6.8 million in oversubscribed equity financingToronto, Ontario--(Newsfile Corp. - September 25, 2025) - PesoRama Inc. (TSXV: PESO) (\"PesoRama\" or the \"Company\"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus Stores brand, today announced its financial results for the three and six months ended July 31, 2025 (\"Q2 Fiscal 2026\"). All financial figures are in Canadian dollars unless otherwise noted.\"As the only true dollar store company in Mexico, we are constantly innovating and pushing the boundaries of what is possible,\" said Rahim Bhaloo, Founder, CEO, and Chairman of the Board of PesoRama. \"Our Q2 results demonstrate the resilience of our business model and continued demand for our value offering, despite currency headwinds. Average ticket increased by 20.2% and same store sales increased by 5%(i); both factors support a 20% revenue increase(i). This performance reflects the success of our merchandising strategies and expanded product assortment, which are driving customer loyalty and positioning us for continued growth as we expand our footprint in an underserved market. The recently closed $6.8 million oversubscribed equity financing further strengthen our ability to execute our growth strategy and deliver long-term value for our shareholders.\"Key Highlights: 2026 Q2 vs 2025 Q2Total sales increased by 12% to $6,097,750. In local currency (MXN), sales increased by approximately 20% quarter-over-quarter, reflecting continued organic growth and new store openings.Gross profit remained consistent at $2,231,582, compared to $2,145,809 in Q2 2025, primarily driven by the increase in sales.Product gross margins increased by 3.2% from $2,327,750 or 42.8% to $2,804,330 or 46% due to a decrease in the per unit cost of inventory.Closed $6.8 million in oversubscribed equity financing to support store expansion and working capital.Other Performance Metrics: 2026 Q2 vs 2025 Q2Average ticket increased by 20.2% as a result of increase in demand and increased product assortmentSame store sales increased by 5%(i) compared to Q2 2025, ...