Grupo Palacio de Hierro, S.A.B. de C.V. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was MXN 10,592.46 million compared to MXN 8,955.84 million a year ago. Net income was MXN 354.83 million compared to MXN 168.29 million a year ago.

Basic earnings per share from continuing operations was MXN 0.98 compared to MXN 0.47 a year ago. Diluted earnings per share from continuing operations was MXN 0.98 compared to MXN 0.47 a year ago.