Grupo Comercial Chedraui, S.A.B. De C.V. Provides Earnings Guidance for Fiscal Year 2024
January 15, 2024 at 08:20 pm
Share
Grupo Comercial Chedraui, S.A.B. de C.V. provided earnings guidance for fiscal year 2024. For the Company as a whole, the sales floor is estimated to increase by 3.6%. Company estimates total sales for Chedraui Mexico to be in range of 9.0% - 10.0% and for the Chedraui USA company expects total sales to bein range of 3.5% to 4.5%.
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.