Grupo Comercial Chedraui, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 25, 2021 at 05:21 pm EST
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Grupo Comercial Chedraui, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 38,962.637 million compared to MXN 34,830.644 million a year ago. Operating income was MXN 1,795.375 million compared to MXN 1,459.266 million a year ago. Net income was MXN 775.656 million compared to MXN 391.314 million a year ago. Basic earnings per share was MXN 0.81 compared to MXN 0.41 a year ago. For the full year, sales was MXN 146,287.327 million compared to MXN 129,442.594 million a year ago. Operating income was MXN 6,933.499 million compared to MXN 5,576.050 million a year ago. Net income was MXN 2,589.117 million compared to MXN 1,566.131 million a year ago. Basic earnings per share was MXN 2.71 compared to MXN 1.62 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.
GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. 
