Reported about 12 hours ago
Chilean retailer Cencosud saw a 2.4% revenue increase to 4.03 trillion pesos ($4.31 billion) in Q1 FY25, compared to the same period last year. This growth is attributed to strong performance in Chile, the US, Argentina, and Peru, along with an 8.8% rise in digital sales. The company's net income rebounded to 126.44 billion pesos, recovering from previous losses, driven by improved operational efficiency. CEO Rodrigo Larraín emphasized a focus on disciplined capital allocation and innovation to enhance customer value and operational productivity.
Source: YAHOO