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Grupo Comercial Chedraui SAB de CV Class B (GCHEF)
:GCHEF
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.12Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: -4.45%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong same-store sales growth in both Mexico and the U.S., along with strategic investments in a new distribution center to drive future efficiencies. However, there were challenges due to duplicate supply chain costs and lower-than-expected performance at Smart & Final. Despite these issues, the company maintains confidence in its strategic initiatives to improve profitability.Company Guidance
During the third quarter of 2024 earnings call for Grupo Comercial Chedraui, significant guidance was provided by the company's executives. Same-store sales in Mexico grew by 4.9%, outpacing ANTAD's 3% growth, marking the 17th consecutive quarter of such outperformance. In the U.S., Chedraui USA's same-store sales increased by 0.5%, with El Super and Fiesta Mart driving mid-single-digit growth. Consolidated sales rose by 11.8%, while consolidated EBITDA increased by 3.5%, with an EBITDA margin of 8.2%. Excluding duplicate distribution center costs, consolidated EBITDA would have increased by 11.1%, with a margin of 8.8%. The new 1.4 million square foot distribution center in Rancho Cucamonga, California, is expected to boost operational efficiencies, with a projected long-term benefit of a 50 basis point improvement in costs for U.S. operations. The CapEx for the first nine months of 2024 was MXN 7,293 million, representing 3.6% of consolidated sales. Net debt to EBITDA ratio was 0.02x, highlighting strong financial leverage management. The call also addressed future strategies for Mexico's Mi Chedraui loyalty program, which saw customer growth of 6% to 12.6 million members, accounting for 74% of sales, and emphasized ongoing investments to support medium and long-term growth.Strong Same-Store Sales Growth
In Mexico, same-store sales grew by 4.9%, outperforming ANTAD's 3% for the 17th consecutive quarter. Chedraui USA's same-store sales increased by 0.5% in dollar terms.
Successful Launch of New Distribution Center
Chedraui USA began operations of a new 1.4 million square foot distribution center in Rancho Cucamonga, California, expected to drive long-term growth and supply chain efficiencies.
Consolidated Sales Increase
Consolidated sales increased by 11.8% compared to the third quarter of 2023, with a positive currency impact of 13.1% on Chedraui USA's sales when translated into Mexican pesos.
Real Estate Division Performance
The occupancy rate increased to 98.3% from 97.3%, with sales showing a 13.1% increase compared to the same quarter of 2023.
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Grupo Comercial Chedraui SAB de CV (GCHEF) Earnings, Revenues Date & History
GCHEF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GCHEF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $6.07 | $5.78 | -4.78% |
| Oct 23, 2024 | $6.81 | $6.70 | -1.62% |
| Jul 24, 2024 | $7.80 | $7.51 | -3.72% |
| Apr 23, 2024 | $7.09 | $7.49 | +5.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Grupo Comercial Chedraui SAB de CV Class B (GCHEF) report earnings?
Grupo Comercial Chedraui SAB de CV Class B (GCHEF) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is Grupo Comercial Chedraui SAB de CV Class B (GCHEF) earnings time?
Grupo Comercial Chedraui SAB de CV Class B (GCHEF) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GCHEF EPS forecast?
Currently, no data Available
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