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PesoRama Reports 2026 Q3 Financial Results
TMX Newsfile· 2025-12-17 23:08
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].
PesoRama Reports 2026 Q2 Financial Results
Newsfile· 2025-09-25 12:00
Core Insights - PesoRama Inc. reported strong financial results for Q2 Fiscal 2026, highlighting a 20% increase in total sales and a 5% rise in same store sales, demonstrating the resilience of its business model despite currency challenges [2][5][6] Financial Performance - Total sales increased by 20% in 2025 compared to 2024, reaching approximately $6,097,750 [5][6] - Product gross margins improved by 3.2%, rising to 46% from 42.8% due to a decrease in per unit inventory costs [5][6] - Average ticket size increased by 20.2%, reflecting heightened demand and an expanded product assortment [2][5][6] - Same store sales grew by 5% in 2025 compared to 2024, indicating strong customer demand and effective execution at existing locations [5][6] Expansion and Growth Strategy - The company successfully closed a $6.8 million oversubscribed equity financing to support its growth strategy and store expansion [2][5][6] - PesoRama opened three new stores in 2025, bringing the total to 28 locations, which are strategically placed in high-density, high-traffic areas [6][8]