Grupo Comercial Chedraui, S.A.B. de C.V. Announces Consolidated Earnings Results for the First Quarter Ended March 2019
April 29, 2019
Share
Grupo Comercial Chedraui, S.A.B. de C.V. announced consolidated earnings results for the first quarter ended March 2019. For the quarter, the company reported net sales were MXN 31,125 million compared to MXN 23,289 million a year ago. Operating income was MXN 1,407 million compared to MXN 1,309 million a year ago. Net income was MXN 437 million compared to MXN 534 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.
GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. 
