La Comer's report was slightly below our estimates and those of the consensus. The outlook is positive, but the base effect will limit growth going forward. While the report should be neutral, the valuation at 14.4x FV/EBITDA 2021E looks stretched. D...
La Comer maintained an above-sector performance, growing even in spite of a difficult comparative base. The only retailer to have increased sales. As for EBITDA, it advanced at a slower pace than revenues (+3.5% y/y) and reached MXN 749 million, whil...
Valentin III Mendoza Balderas @ Banorte 5 May 2021
At its Annual Shareholders' Meeting, La Comer approved a dividend payment of MXN 0.19 per linked unit, equivalent to a total amount of MXN 206 million and representing a yield of 0.5% over current prices. This distribution, to be paid on April 26, co...
Valentin III Mendoza Balderas @ Banorte 16 April 2021
La Comer reported in line with our estimates, highlighting once again the solid SSS advance (+16.3% y/y; 4.8x vs. We establish a PT of MXN 48.00 (16.0x FV/EBITDA 2021E). Total sales reached MXN 6.89 billion, following a 19.9% y/y growth, driven by a ...
Valentin III Mendoza Balderas @ Banorte 3 March 2021
La Comer does not take its foot off the accelerator. Once again, La Comer exceeded our expectations and continued posting double-digit growths. Sales reached MXN 6.883 billion, representing a 24.7% y/y growth, driven by a 19.1% y/y increase in SSS (w...
Valentin III Mendoza Balderas @ Banorte 25 October 2020
Details
Mexico
LatAm
Food & Staples Retailing
About
La Comer, S.A.B. de C.V. operates grocery stores and hypermarkets.
Associated topics
Consumer Staples
Mexico
Equity
Food & Staples Retailing
La Comer SAB de CV
La Comer
Valentin III Mendoza Balderas
Juan Barbier
2020
Fresko
Marissa Garza Ostos
ANTAD
Market
Miércoles de plaza