Grupo Elektra SAB de CV operates within the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Elektra SAB de CV with three other
department stores in Latin America:
El Puerto de Liverpool SAB de CV
sales of 115.47 billion Mexican Pesos [US$5.72 billion]
of which 87%
Magazine Luiza SA
(29.18 billion Brazilian Reals [US$5.16 billion]
of which 99%
was Retail), and
Lojas Americanas SA
based in BRAZIL
(21.29 billion Brazilian Reals [US$3.77 billion]
of which 53%
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Grupo Elektra SAB de CV totalled
43.62 billion Mexican Pesos.
an increase of 78.0%
from the 24.51 billion Mexican Pesos in sales at the company during the second quarter of 2020.
This was the largest same quarter increase in sales since the third
quarter of 2013.
During the first two
quarters of 2021, sales totalled 76.68 billion Mexican Pesos, which is
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at Grupo Elektra SAB de CV: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2017, when the
second quarter was the best quarter, accounting for
27% of sales (during that same year, the
fourth quarter accounted for 26% of sales).
During the year ended December of 2020, sales at
Grupo Elektra SAB de CV were 120.51 billion Mexican Pesos (US$5.97 billion).
a very small
increase of 1.3%
versus 2019, when the company's sales were 119.01 billion Mexican Pesos.
This was the fifth consecutive year of sales increases at Grupo Elektra SAB de CV
(and since 2015, sales have increased a total of 59%).
Sales of Commercial saw an increase
that was more than double the company's growth rate: sales were up
16.1% in 2020, from
45.00 billion Mexican Pesos to 52.25 billion Mexican Pesos.
Not all segments of Grupo Elektra SAB de CV experienced an increase in sales in 2020:
sales of Financing fell 7.8% to 68.25 billion Mexican Pesos.