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Organización Soriana, S. A. B. de C. V. (ONZBF) Q1 2026 E...
SA Transcripts · 2026-04-28 · via All Articles on Seeking Alpha

Organización Soriana, S. A. B. de C. V. (ONZBF) Q1 2026 Earnings Call April 24, 2026 1:00 PM EDT

Company Participants

Rodrigo Córdova - CFO and Director of Administration & Finance

Conference Call Participants

Irma Sgarz - Goldman Sachs Group, Inc., Research Division
Héctor Maya López - Scotiabank Global Banking and Markets, Research Division
Miguel Ulloa Suárez - BBVA Corporate and Investment Bank, Research Division

Presentation

Operator

Good afternoon, everyone. Welcome to Organización Soriana's First Quarter 2026 Earnings Conference Call. With us today are Mr. Rodrigo Benet Cordova, CFO of Organización Soriana; and Ms. Claudia González Romero, Head of Investor Relations for Organización Soriana. Together, they will be discussing the financial performance for the first quarter of 2026 and providing a summary of the latest news on the company. [Operator Instructions] Please note that the conference call may be recorded.

I will now turn the conference over to Mr. Rodrigo Benet Cordova, CFO of Organización Soriana. Please go ahead.

Rodrigo Córdova
CFO and Director of Administration & Finance

Good morning, everyone. Thank you for joining us on this conference call, where we will discuss the results of the first quarter of the year. Starting with the total revenue, the company generated MXN 40.4 billion during the quarter, representing a 2.4% decrease year-over-year. We ended the quarter with [ 800 ] stores in operation, followed by the closure of 8 units as part of our company-wide efficiency and profitable plan. In respect of the performance of our store formats across the country, we would like to highlight the strong performance of Super format, which is characterized by a more focused SKU assortment and a reduced general merchandise offering, which aligns well to the current consumption trends. The strong sales performance for this format was recorded mainly in the state of Quintana Roo, Jalisco, Sonora, Nayarit and [ Tabasco ].