Pesorama omits P&L from Q2 NR, talks gross profit

Mr. Rahim Bhaloo reports PESORAMA REPORTS 2026 Q2 FINANCIAL RESULTS Pesorama Inc. has released 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. Total sales increased by 20 per cent in 2025 compared with 2024; Product gross margins increased by 3.2 per cent to 46 per cent; Same store sales increased by 5 per cent in 2025 compared with 2024; Average ticket increased by 20.2 per cent in 2025 compared with 2024; Closed $6.8-million in oversubscribed equity financing. "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, chief executive officer 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 per cent and same store sales increased by 5 per cent; both factors support a 20-per-cent revenue increase. 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 versus 2025 Q2 Total sales increased by 12 per cent to $6,097,750. In local currency (MXN), sales increased by approximately 20 per cent quarter over quarter, reflecting continued organic growth and new store openings. Gross profit remained consistent at $2,231,582, compared with $2,145,809 in Q2 2025, primarily driven by the increase in sales. Product gross margins increased by 3.2 per cent from $2,327,750 or 42.8 per cent to $2,804,330 or 46 per cent 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 versus 2025 Q2 Average ticket increased by 20.2 per cent as a result of increase in demand and increased product assortment; Same-store sales increased by 5 per cent compared with Q2 2025, reflecting continuing customer demand and strong execution at existing locations. Key achievements 2025 On April 26, 2025, the company opened store No. 26; a 406-square-metre location inside the City Shops del Valle mall in the Del Valle neighbourhood. On May 31, 2025, the company opened store No. 27, a 481-square-metre location inside the Patio Martin Carrera mall in the Martin Carrera neighbourhood. On July 24, 2025, the company opened store No. 28, a 502-square-metre location near the new Hospital de la Luz complex in the Agricola Oriental neighbourhood of Mexico City. This earnings news release should be read in conjunction with the company's consolidated financial statements for the three and six months ended July 31, 2025, which can be found on Pesorama's issuer profile on SEDAR+. About Pesorama Inc. Pesorama, operating under the JOi Dollar Plus Stores brand, is a Mexican value dollar store retailer. Pesorama launched operations in 2019 in Mexico City and the surrounding areas targeting high-density, high-traffic locations. Pesorama's 28 stores offer consistent merchandise offerings which include items in the following categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery, and more. We seek Safe Harbor.