Earnings Report /
MexicoChedraui: CHDRAUI, Quarterly Report 1Q21: Surprising performance in Mexico stores
The highlight of the report was the SSS growth in Mexico and the profitability gains achieved in said operations
Margins at Bodega Latina continued improving, regardless of the drop in revenues due to a high comparable base
Spotlight lays on possible M&A, as it aims to become the second largest self-service chain in the country
Valentin III Mendoza Balderas
Senior Equity Research Analyst, Consumer & Telecoms @ Banorte
Juan Barbier
Equity Research Analyst @ Banorte
6 May 2021
Published byBanorte
