Dollarama Stock Seen as Recession‑Resistant Buy Amid Canadian Economic Fears

Dollarama, a Canadian discount retailer with a market capitalisation of about $50 billion, is being highlighted as a strong investment as recession concerns spread across Canada. The company reported a 21.4 % increase in total sales to roughly $1.9 billion for the first quarter of fiscal 2027, and its gross margin rose to 45 % of sales, up from 44.2 % a year earlier. Core earnings (EBITDA) grew 17.4 % to $583 million, reflecting a 31.6 % margin, while the retailer added 28 net new stores in Canada, taking its domestic total to 1,719 locations. Expansion continues with plans for 60–70 additional stores in fiscal 2027 and growth in its Latin American subsidiary Dollarcity. Chief Financial Officer Patrick Bui noted improved logistics and network efficiency as key drivers. Analysts suggest the retailer’s value‑focused format, broad geographic reach and resilient sales make it a recession‑proof pick for investors seeking stability in a volatile market.