Strong E-Commerce Growth
City Club showed a 221% increase in e-commerce sales, driven by an increase in both ticket size and traffic.
Improved Gross Profit Margin
Gross profit reached MXN 10.5 billion, representing a 24.4% margin with a 9.5% increase against last year, due to positive supplier negotiations and improved cash management.
Expansion and Remodeling Success
The company has opened 15 new stores and completed 17 major remodels, investing MXN 7.7 billion over the past 12 months, resulting in 25% to 40% sales increases in remodeled stores.
Real Estate Business Growth
Real estate income increased by 3% compared to the same quarter last year, with occupancy levels rising from 87% to 90%.
Sodimac Sales Increase
Sodimac, in the home improvement business, reported a 5.4% increase in sales, with plans to open new stores.