#financial results #Retail Growth #Chedraui

Grupo Comercial Chedraui First Quarter 2025 Results

On April 30, 2025, Grupo Comercial Chedraui, S.A.B. de C.V., a leading retail chain in Mexico, released its financial results for the first quarter of 2025. The report highlights a strong performance across various metrics, as the company continues to adapt to market demands and maintain a competitive edge.

Key Financial Highlights

1. Same Store Sales Growth: In Mexico, Chedraui experienced a growth of 1.2% in same-store sales (SSS), outperforming the ANTAD index, which reported a mere 0.3%. This marks an impressive 19 consecutive quarters of growth, showcasing the company’s effective customer-centric strategy.

2. International Performance: Chedraui USA also reported impressive results, with a SSS growth of 2.8% in U.S. dollars. This increase reflects the brand’s commitment to enhancing the shopping experience for its customers.

3. EBITDA and Profitability: The consolidated EBITDA saw an impressive rise of 8.8%, reaching a margin of 8.4%. Excluding the transition costs associated with the Rancho Cucamonga Distribution Center (RCDC), the EBITDA margin increased to 8.7%. In Mexico, the total EBITDA margin climbed by 19 basis points to 9.5%.

4. Net Debt Management: The company maintained a robust financial position with a net debt to EBITDA ratio of only 0.03x, highlighting effective debt management strategies and financial health.

Expansion and Growth Strategy

CEO Antonio Chedraui emphasized the company's growth trajectory, which included the opening of 15 new stores in Mexico during the first quarter, following a remarkable total of 84 stores launched in 2024. This expansion signifies the company’s aggressive approach toward strengthening its market presence and catering to consumer needs.

Customer Engagement

A focal point of Chedraui’s strategy is its loyalty program,