Grupo Comercial Chedraui SAB de CV (MEX:CHDRAUIB)
MXN 123.26 1.32 (1.08%) Market Cap: 118.23 Bil Enterprise Value: 163.00 Bil PE Ratio: 21.15 PB Ratio: 2.50 GF Score: 79/100

Q1 2023 Grupo Comercial Chedraui SAB de CV Earnings Call Transcript

Apr 26, 2023 / 03:00PM GMT
Release Date Price: MXN106.71 (-0.90%)
Operator

Greetings, and welcome to Grupo Commercial Chedraui S.A.B de C.V. Q1 2023 Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host. Antonio Chedraui, Grupo Chedraui, CEO. Thank you. You may begin.

Jose Antonio Chedraui Eguia
Grupo Comercial Chedraui, S.A.B. de C.V. - CEO & Director

Good morning. It is a pleasure to be with you today to discuss Grupo Chedraui's results for the first quarter of 2023. We started the fiscal year with positive results in both Mexico and the U.S.

In Mexico, we saw solid sales growth and market share gains, which was driven by our continued focus on delivering exceptional value and convenience to our customers. Our multi-format strategy has enabled us to meet the diverse needs of our customers and capture opportunities in different segments of the market. Meanwhile, in the U.S., we made significant progress in profitability through the integration of the banners and our operational rigor. Overall, we are very pleased with our first quarter

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot