Grupo Comercial Chedraui SAB de CV (OTCPK:GCHEF)
$ 6.65 0.61 (10.1%) Market Cap: 6.72 Bil Enterprise Value: 8.96 Bil PE Ratio: 14.55 PB Ratio: 2.50 GF Score: 94/100

Q3 2023 Grupo Comercial Chedraui SAB de CV Earnings Call Transcript

Oct 25, 2023 / 03:00PM GMT
Release Date Price: $5.5
Operator

Good morning to all participants, and welcome to the Grupo Comercial Chedraui's Third Quarter 2023 Conference Call. Participating in the conference call today will be Mr. Jose Antonio Chedraui, CEO of Grupo Comercial Chedraui; Mr. Carlos Smith, CEO of Chedraui USA; Humberto Tafolla, Grupo Chedraui CFO; and Arturo Velazquez, IRO for the company. We will begin the call with the initial comments on Grupo Comercial Chedraui's third quarter financial results by the company's CEO, Mr. Jose Antonio Chedraui.

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

Good morning to all, and welcome to our presentation of Grupo Comercial Chedraui's third quarter 2023 results. I am pleased to report that we continued to thrive in Q3 due to better-than-expected private consumption trends in Mexico and the U.S. This is despite a foreign exchange impact on our consolidated sales caused by the appreciation of the Mexican peso against the U.S. dollar in the last 12 months. Nonetheless, our profitability continues to improve as a result of a

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