La Comer SAB de CV

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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...

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...

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 ...

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...