Grupo Comercial Chedraui SAB de CV (MEX:CHDRAUIB)
MXN 122.24 -0.95 (-0.77%) Market Cap: 117.28 Bil Enterprise Value: 150.82 Bil PE Ratio: 14.74 PB Ratio: 2.50 GF Score: 87/100
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Q3 2022 Grupo Comercial Chedraui SAB de CV Earnings Call Transcript

Oct 26, 2022 / 02:00PM GMT
Release Date Price: MXN77.28 (+7.78%)
Operator

Greetings, and welcome to the Grupo Chedraui Third Quarter 2022 Conference Call. (Operator Instructions)

As a reminder, this conference is being recorded. It is now my pleasure to introduce your host Mr. Antonio Chedraui, who will begin the conference. Sir, you may begin your presentation.

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 at this conference to discuss Grupo Chedraui's results for the third quarter of 2022. In this third quarter of the year, we achieved excellent results in an environment of high inflation. Customers recognize our value proposition, which is based on low prices and supported by proper assortment of products and customer service.

In Mexico, we grew above the rest of the market for the eighth consecutive quarter. In the United States, we continue the integration of our banners, while managing to improve profitability due to our operational and financial discipline. With this, we faced the end of the year with the

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