PesoRama Reports 2026 Q3 Financial Results

Executive Summary

• Total sales rose 15.9% YoY for the nine‑month period ended Oct 31 2025, driven by a 15.8% increase in average ticket and 5.9% same‑store sales growth.
• Product gross margins improved to 46.1% (up 1.4% YoY), reflecting lower inventory costs.
• The company closed an oversubscribed $6.8 M equity financing during the quarter and completed a $5.0 M post‑quarter equity raise, bolstering balance‑sheet capacity for store expansion.

Key Details

• Revenue Performance – Nine‑month sales up 15.9% YoY; Q3 (three‑month) sales up 23.6% to C$6,699,728.
• Margin Expansion – Product gross margin increased 1.4 pts YoY to 46.1%; quarterly margin rose 0.8 pts to 46.1%.
• Average Ticket & Same‑Store Sales – Average ticket up 15.8% YoY; same‑store sales up 5.9% YoY.
• Equity Financings – $6.8 M oversubscribed equity financing closed during the quarter; additional $5.0 M equity financing completed after quarter‑end for store expansion and working capital.
• Store Openings (2025) – Stores #26–#30 opened between April 26 and Dec 13, adding 4,370 sq ft to 6,620 sq ft locations; Store #31 slated for Dec 21 in Puebla (first store in that state).
• Operational Footprint – Total of 30 stores operating; target of 31 stores by year‑end.
• Management Commentary – CEO Rahim Bhaloo highlighted resilience amid currency headwinds and the role of merchandising strategy in driving growth.

Notable Quotes

“Our Q3 results demonstrate the resilience of our business model and continued demand for our offering, despite ongoing currency headwinds… The completion of a $5.0 million equity financing further strengthens our balance sheet and enhances our ability to execute our growth strategy.” – Rahim Bhaloo, Founder, CEO & Chairman

All non‑material boilerplate, forward‑looking disclaimer text, and “About the Company” sections have been omitted for clarity.