Earnings Report /
MexicoChedraui: CHDRAUI, Quarterly Report 2Q21: Concludes acquisition of Smart & Final
Revenues faced a high comparable base, particularly in the US, partially offset by a remarkable advance in Mexico's SSS
Smart & Final's acquisition by Bodega Latina stood out, positioning Chedraui as the second largest chain in the country
However, Smart & Final's transaction poses challenges in terms of profitability and leverage
Marissa Garza Ostos
Head of Equity Research @ Banorte
Juan Barbier
Equity Research Analyst @ Banorte
3 August 2021
Published byBanorte
