Organización Soriana, S. A. B. de C. V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 26, 2022 at 01:10 am EDT
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Organización Soriana, S. A. B. de C. V. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MXN 41,581 million compared to MXN 38,550 million a year ago. Net income was MXN 960 million compared to MXN 782 million a year ago.
For the nine months, sales was MXN 120,724 million compared to MXN 112,432 million a year ago. Net income was MXN 3,058 million compared to MXN 2,606 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. 
