Grupo Comercial Chedraui Reports Second Quarter 2026 Results

Grupo Comercial Chedraui, S.A.B. de C.V. has reported its financial results for the second quarter of 2026. The company saw a 1.3% increase in same-store sales (SSS) in Mexico, exceeding the industry average (ANTAD) by 142 basis points. In contrast, Chedraui USA experienced a decline in comparable store sales, attributed to stricter immigration enforcement in operating areas.

Consolidated EBITDA margin increased by 15 basis points to 9.0%. Chedraui Mexico's EBITDA margin remained steady at 9.5%, while Chedraui USA's margin improved by 20 basis points to 8.5%, benefiting from cost efficiencies. Consolidated sales grew, with the sales floor expansion in Mexico increasing by 4.4% over the last twelve months.

The company opened 27 "Supercitos" and one Chedraui store in Mexico during the quarter, alongside one new El Super store in the United States. The net cash to EBITDA ratio stood at -0.09x at the end of the second quarter, compared to -0.05x in the previous year.

CEO Antonio Chedraui attributed the performance to employee dedication and operational strategies. Despite challenges in the U.S. market, the company reaffirmed its commitment to investing in both Mexico and the United States throughout 2026.