Earnings Report /

Chedraui: 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
Valentin III Mendoza Balderas

Senior Equity Research Analyst, Consumer & Telecoms

Juan Barbier
Juan Barbier

Equity Research Analyst

6 May 2021
Published byBanorte


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