Grupo Sanborns, 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 16,452.49 million compared to MXN 13,499.47 million a year ago. Net income was MXN 914.76 million compared to MXN 493.5 million a year ago.

Basic earnings per share from continuing operations was MXN 0.41 compared to MXN 0.22 a year ago. Diluted earnings per share from continuing operations was MXN 0.41 compared to MXN 0.22 a year ago.