PesoRama Reports 2026 Q3 Financial Results

Core Viewpoint - PesoRama Inc. demonstrates resilience in its business model with significant growth in sales and customer engagement despite currency challenges, supported by a successful merchandising strategy and expansion efforts [2][11]. Financial Performance - Total sales increased by 15.9% in the nine months ended October 31, 2025, compared to the same period in 2024 [11]. - Average ticket size rose by 15.8%, and same-store sales grew by 5.9% during the same period [2][11]. - Gross profit for Q3 2026 was consistent at CAD 2,563,177, compared to CAD 2,272,159 in Q3 2025, driven by increased sales [12]. Product and Market Strategy - Product gross margins improved by 1.4% to 46.1% in the nine months ended October 31, 2025, compared to 2024, attributed to a decrease in per unit inventory costs [11]. - The company operates 30 stores, with plans to open a 31st store, focusing on high-density, high-traffic locations in Mexico [4][12]. Expansion and Financing - PesoRama completed a $6.8 million oversubscribed equity financing to support store expansion and subsequently secured an additional $5.0 million in equity financing [11][12]. - The company has opened multiple new stores throughout 2025, enhancing its market presence in Mexico City and surrounding areas [12].