Grupo Comercial Chedraui SAB de CV Class B ( (GCHEF) ) has released its Q2 earnings. Here is a breakdown of the information Grupo Comercial Chedraui SAB de CV Class B presented to its investors.
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Grupo Comercial Chedraui S.A.B. de C.V., a prominent player in the retail sector, operates a chain of supermarkets and hypermarkets across Mexico and the United States, offering a wide range of products from groceries to electronics.
In its second quarter of 2025, Grupo Comercial Chedraui reported a robust financial performance, marked by a 9.5% increase in consolidated net sales, reaching $73,884 million pesos. The company continues to expand its footprint with the opening of 30 new stores in Mexico and one in the United States, further solidifying its market presence.
Key financial highlights include a 6.3% growth in consolidated EBITDA, with a margin of 8.9%. Excluding transition costs related to the new distribution center in Rancho Cucamonga, the EBITDA growth stands at 8.0%. Same-store sales in Mexico grew by 3.7%, outperforming the ANTAD benchmark for the twentieth consecutive quarter. In the U.S., Chedraui USA experienced a slight decline in same-store sales, though total sales in U.S. dollars grew by 1.3%.
Despite the challenges posed by transition costs and a weaker consumer environment in Mexico, Chedraui’s strategic initiatives, including pricing strategies and marketing efforts, have contributed to maintaining customer traffic and improving market share. The company’s net income saw a modest increase of 2.4%, with a more significant rise of 6.1% when excluding transition costs.
Looking ahead, Grupo Comercial Chedraui remains committed to its growth strategy, focusing on expanding its store network and enhancing its e-commerce capabilities. The management’s outlook is optimistic, aiming to leverage its strong market position and operational efficiencies to drive future growth.