Organización Soriana, S. A. B. De C. V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 01:10 am EDT
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Organización Soriana, S. A. B. de C. V. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 34,749 million compared to MXN 38,755 million a year ago. Operating income was MXN 2,035 million compared to MXN 2,207 million a year ago. Net income was MXN 957 million compared to MXN 691 million a year ago.
Organizacion Soriana SAB de CV is a Mexico-based company primarily engaged in the food retail sector. The Company focuses on the development and management of a network of supermarkets, grocery and discount stores. It retails food, apparel, automotive accessories, sport goods, hardware, garden tools, toys, personal care products and electronic devices, among others. It operates stores under various brand names, such as Soriana Hiper and Mega hypermarkets, Soriana Super and Comercial Mexicana supermarkets, Soriana Express and Super City grocery stores, Soriana Mercado and Bodega discount supermarkets, as well as City Club membership clubs. Furthermore, it offers online shopping and delivery services through Soriana e-commerce platform. The Company operates through a range of subsidiaries, such as Centros Comerciales Soriana SA de CV and Tiendas de Descuento Monterrey SA de CV.
ORGANIZACIÓN SORIANA, S. A. B. DE C. V. 
