Grupo Comercial Chedraui, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021
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Grupo Comercial Chedraui, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 35,749 million compared to MXN 36,409 million a year ago. Operating income was MXN 1,922 million compared to MXN 1,762 million a year ago. Net income was MXN 844 million compared to MXN 681 million a year ago. For the half year, sales was MXN 70,935 million compared to MXN 71,913 million a year ago. Operating income was MXN 3,704 million compared to MXN 3,444 million a year ago. Net income was MXN 1,581 million compared to MXN 1,223 million a year ago.
Grupo Comercial Chedraui SAB de CV is a Mexico-based company primarily engaged in the retail and real estate sectors. The Companyâs activities are structured into three business areas: Self Service Mexico, which includes a network of over 140 Chedraui and 39 Super Chedraui supermarkets located in over 20 Mexican states; Self Service Unites States, which comprises the operation of 36 El Super convenience stores established mainly in the southern-east region of the United States, and Real Estate, which specializes in the acquisition, management, development and promotion of residential and non-residential properties, as well as in the construction and redecorating of the Companyâs stores and facilities.