GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. THIRD QUARTER 2025 RESULTS

Core Insights - Grupo Comercial Chedraui reported a 13.3% growth in consolidated net income for the third quarter of 2025, reflecting strong performance despite a challenging consumer environment [5][7] - The company achieved a significant milestone by opening its 1,000th store, with a total of 32 new stores opened in Mexico during the quarter [4][7] - Same Store Sales (SSS) in Mexico grew by 2.8%, outperforming ANTAD's growth by 183 basis points, marking the twenty-first consecutive quarter of exceeding ANTAD [3][7] Financial Performance - Consolidated EBITDA increased by 3.2% year-over-year, with a consolidated EBITDA margin of 8.5%, up by 28 basis points [7] - Chedraui Mexico's EBITDA margin rose to 9.9%, while Chedraui USA's EBITDA margin improved to 7.3%, reflecting operational efficiencies [7] - The net debt to EBITDA ratio stood at -0.03x at the end of the third quarter of 2025, indicating a strong financial position [7] Strategic Initiatives - The company emphasized its commitment to investment and organic growth, as evidenced by the opening of 32 stores in Mexico and the ongoing expansion in the U.S. [4][7] - The strategic pillars of Lowest Price, Best Assortment per Store, and Best Shopping Experience were highlighted as key factors in customer retention and attraction [3]