La Comer, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 21, 2021 at 07:16 pm EDT
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La Comer, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 7,197.564 million compared to MXN 7,063.978 million a year ago. Operating income was MXN 460.626 million compared to MXN 478.237 million a year ago. Net income was MXN 347.769 million compared to MXN 408.765 million a year ago. For the half year, sales was MXN 13,810.855 million compared to MXN 13,247.889 million a year ago. Operating income was MXN 928.541 million compared to MXN 941.958 million a year ago. Net income was MXN 722.242 million compared to MXN 836.682 million a year ago.
La Comer SAB de CV is a Mexico-based company primarily engaged in the food retail sector. The Company focuses on operating self-service stores under La Comer, Fresko, City Market and Sumesa brand names. It sells general grocery products, fresh fruit and vegetables, meat and fish, soft drinks, alcohol, as well as pet food and accessories, among others. Its stores also distribute pharmacy and bakery products, as well as serve ready to eat meals, such as tapas, seafood snack, tortilla, pizza, coffee and cake. Furthermore, the Company operates a restaurant, called Jajalpa, where organizes occasional events and meetings.