Grupo Gigante SAB de CV operates within the Grocery stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Gigante SAB de CV with three other
supermarkets and grocery stores in Latin America:
Irsa Inversiones y Representaciones SA
sales of 69.77 billion Argentinian Pesos [US$922.32 million]
of which 58%
Importadora Y Exportadora De La Patagonia Sa
(63.21 billion Argentinian Pesos [US$835.63 million]
of which 88%
was Supermarkets), and
La Comer SAB De CV
(21.59 billion Mexican Pesos [US$964.49 million]
During the year ended December of 2019, sales at
Grupo Gigante SAB de CV were 32.45 billion Mexican Pesos (US$1.45 billion).
decrease of 2.2%
versus 2018, when the company's sales were 33.19 billion Mexican Pesos.
Contributing to the drop in overall sales was the 13.1% decline
in Retail, from 4.49 billion Mexican Pesos to 3.90 billion Mexican Pesos.
There were also decreases in sales in
Auto-Service (down 2.0% to 21.81 billion Mexican Pesos)
However, these declines were partially offset by the increase in sales of
Restaurants (up 5.0% to 5.01 billion Mexican Pesos)
Real Estate (up 10.1% to 1.74 billion Mexican Pesos)