PesoRama Reports 2026 Financial Results

• PesoRama reported FY2026 financial results (year ended January 31, 2026) showing total sales up 14% to $26.7M and gross profit up 15% to $9.9M.
• Product gross margins improved 1.2% to 45.6%; same-store sales grew 5.2%; average ticket increased 12.8%.
• The company expanded its store network by 24%, opening 6 new locations including its first outside Mexico City in Puebla, bringing the total to 37 stores.
• PesoRama raised $21.8M in gross proceeds through three oversubscribed equity financings to fund continued expansion and working capital.
• Management anticipates reaching 40 stores by the end of June 2026.

• The FY2026 results align precisely with the company's previously announced aggressive expansion and capital raise strategy.
• Top-line growth and margin expansion are positive but incremental, reflecting the steady rollout of new locations rather than a sudden market shift or pricing power breakthrough.
• The news confirms execution of the $21.8M equity raises and $21M debenture offering announced in May 2026.
• Given the market was already aware of the financing and store openings, the results are expected and do not represent a surprise. The stock's recent run-up to $0.76 likely priced in this growth trajectory.

• PesoRama Inc. operates the JOi Dollar Plus brand, a value retail chain targeting the underserved Mexican market.
• Flagship project is an aggressive store expansion strategy focusing on high-traffic, high-density locations in Mexico City and surrounding states.
• The company estimates the Mexican market can support 10,000 to 13,000 national dollar store locations, providing significant long-term runway.
• Current footprint: 37 stores, with a target of 40 by June 2026. Recent expansion includes Puebla, marking the first store outside the Mexico City metropolitan area.