Earnings Report /
Mexico

Chedraui: 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
Marissa Garza Ostos

Head of Equity Research

Juan Barbier
Juan Barbier

Equity Research Analyst

Banorte
3 August 2021
Published byBanorte

Watchlist

Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.