Significant Store Expansion
Opened 131 net new stores this quarter, totaling 3,162 stores, and added 2 new distribution centers, totaling 18.
Impressive Revenue and Same-Store Sales Growth
Total revenues increased by 36.7% year-over-year to MXN 20.3 billion, with same-store sales growing by 17.9%.
Strong Cash Position and Operational Cash Flow
Net cash position stands at approximately MXN 1.1 billion with MXN 151 million in short-term deposits. Cash flow from operations increased by 30% year-on-year to MXN 3 billion.
EBITDA Growth and Positive Adjustments
Excluding noncash share-based payments, EBITDA increased by 43.6% to reach a positive MXN 1.2 billion.
Talent Investment and Brand Strengthening
Continuous investment in talent density and improvement in products and brand equity, driving faster sales ramp-up.