La Comer, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
February 26, 2020 at 05:18 pm EST
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La Comer, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was MXN 5,748.501 million compared to MXN 5,070.507 million a year ago. Operating income was MXN 253.063 million compared to MXN 204.979 million a year ago. Net income was MXN 278.835 million compared to MXN 410.525 million a year ago. For the full year, sales was MXN 21,591.397 million compared to MXN 19,119.107 million a year ago. Operating income was MXN 1,118.465 million compared to MXN 1,047.452 million a year ago. Net income was MXN 1,015.438 million compared to MXN 1,089.271 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. 
