Mexico · Delayed Price · Currency is MXN El Puerto de Liverpool Earnings Call Transcripts
Fiscal Year 2026
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First quarter 2026 saw flat revenue as retail faced weak demand and operational disruptions, but financial services and real estate delivered strong growth. Net profit fell 17% year-over-year, while digital and credit segments expanded. Management expects gradual recovery as temporary issues are resolved.
Fiscal Year 2025
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Q3 2025 saw 4.4% revenue growth, led by financial services and digital expansion, but EBITDA fell 14.8% due to logistics costs and higher provisions. Margin recovery is expected in 2026, with inventory and credit risk closely managed.
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Q2 2025 saw 8% revenue growth, strong e-commerce, and a completed Nordstrom acquisition, but margins fell due to heavy promotions and higher costs. Inventory and NPLs are expected to normalize, with margin recovery anticipated in H2.
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Q1 2025 delivered 10.4% revenue growth, outpacing the market, but margins declined due to aggressive promotions and higher costs. Inventory remains elevated but is expected to normalize, while digital and financial services showed strong gains.
Fiscal Year 2024
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Q4 and full-year 2024 saw strong revenue and profit growth, with digital and marketplace channels outperforming expectations. The company announced a major Nordstrom acquisition, continued aggressive investment in logistics and technology, and provided cautious 2025 guidance amid competitive and macroeconomic pressures.
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Q3 2024 saw double-digit revenue growth, robust net profit, and strong digital and financial services performance. Inventory rose 20% to prepare for a strong holiday season, while NPLs increased but are expected to improve by year-end. CapEx and liquidity remain strong.
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Q2 2024 saw strong revenue and profit growth, with robust digital and financial services performance. Margins improved, NPLs rose but remain manageable, and CAPEx and dividends increased. Outperformance versus peers was noted, with continued focus on credit risk and digital expansion.