Grupo Comercial Chedraui, S.A.B. de C.V. Provides Earnings Guidance for 2023
January 16, 2023 at 11:09 am EST
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Grupo Comercial Chedraui, S.A.B. de C.V. provided earnings guidance For 2023. For the period, the company's Total sales are forecasted to grow between 15% and 16% due to new store openings and the consolidation of the Arteli acquisition. The sum of these will result in achieving two-year growth of more than 33% and which demonstrates the Company's capacity for continued development.
For the entire Company, 2023 sales floor is expected to grow by 2.8%.
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.
GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. 
