Grupo Comercial Chedraui, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 25, 2023 at 07:56 am EDT
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Grupo Comercial Chedraui, 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 64,427 million compared to MXN 60,728 million a year ago. Net income was MXN 1,602 million compared to MXN 1,095 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. 
