Almacenes Exito Posts First-Quarter Profit of 94 Billion Pesos

Almacenes Exito SA (EXITO), Colombia’s biggest publicly traded retailer, said first-quarter net income more than doubled to 93.8 billion pesos ($53.2 million).

The company announced the results late yesterday in an e- mailed statement. Interbolsa SA had projected first-quarter net income of 65.9 billion pesos, according to an April 20 research note.

To contact the reporter on this story: Christine Jenkins in New York at

To contact the editor responsible for this story: David Papadopoulos at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.