Grupo Comercial Chedraui, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2023
February 19, 2024
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Grupo Comercial Chedraui, S.A.B. de C.V. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was MXN 263,058 million compared to MXN 259,326 million a year ago. Net income was MXN 7,894 million compared to MXN 6,176 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.