La Comer, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 24, 2021 at 10:36 pm
Share
La Comer, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 6,890.177 million compared to MXN 5,748.501 million a year ago. Operating income was MXN 371.459 million compared to MXN 251.941 million a year ago. Net income was MXN 278.666 million compared to MXN 299.519 million a year ago. For the full year, sales was MXN 27,020.615 million compared to MXN 21,591.397 million a year ago. Operating income was MXN 1,733.528 million compared to MXN 1,117.343 million a year ago. Net income was MXN 1,467.074 million compared to MXN 1,036.122 million a year ago.
La Comer SAB de CV is a Mexico-based company primarily engaged in the food retail sector. The Company focuses on operating self-service stores under La Comer, Fresko, City Market and Sumesa brand names. It sells general grocery products, fresh fruit and vegetables, meat and fish, soft drinks, alcohol, as well as pet food and accessories, among others. Its stores also distribute pharmacy and bakery products, as well as serve ready to eat meals, such as tapas, seafood snack, tortilla, pizza, coffee and cake. Furthermore, the Company operates a restaurant, called Jajalpa, where organizes occasional events and meetings.
LA COMER, S.A.B. DE C.V. 
