Grupo Sanborns, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 15,789.96 million compared to MXN 14,343.49 million a year ago. Net income was MXN 858.27 million compared to MXN 824.74 million a year ago. Basic earnings per share from continuing operations was MXN 0.38 compared to MXN 0.37 a year ago. Diluted earnings per share from continuing operations was MXN 0.38 compared to MXN 0.37 a year ago.
For the nine months, sales was MXN 48,623.3 million compared to MXN 42,506.06 million a year ago. Net income was MXN 2,704.76 million compared to MXN 2,157.02 million a year ago. Basic earnings per share from continuing operations was MXN 1.2 compared to MXN 0.96 a year ago. Diluted earnings per share from continuing operations was MXN 1.2 compared to MXN 0.96 a year ago.