February 21, 2017 4:40 PM ET

Multiline Retail

Company Overview of Grupo Sanborns, S.A.B. de C.V.

Company Overview

Grupo Sanborns, S.A.B. de C.V. operates retail stores and restaurants in Mexico and Central America. The company operates specialized department stores, electronics and entertainment stores, convenience stores, luxury stores, and restaurants, as well as fashion boutiques under various brands, such as Sears, Sanborns, iShop-MixUp, EduMac, Dax, Sanborns Café, and Saks Fifth Avenue. Its stores offer fashion ware, large and small appliances, furniture, home improvement products and electronics, books, magazines, health and beauty products, pharmacy products, toys, recorded music and videos, jewelry, photography products, cellular phones, candies, gifts, video games, cosmetics and perfumes, and c...

No.245 Presa Falcón Building

7th Floor

Plaza Carso, Lago Zurich

Ampliación Granada

Mexico City, DF 11529

Mexico

Founded in 1928

47,471 Employees

Key Executives for Grupo Sanborns, S.A.B. de C.V.

Grupo Sanborns, S.A.B. de C.V. does not have any Key Executives recorded.

Grupo Sanborns, S.A.B. de C.V. Key Developments

Grupo Sanborns Reports Earnings Results for the Third Quarter and Nine Months Ended Sep. 30, 2016

Grupo Sanborns reported earnings results for the third quarter and nine months ended Sep. 30, 2016. For the quarter, the company reported sales of MXN 10,924.5 million compared to MXN 9,953.1 million a year ago. Operating income was MXN 2,266.4 million compared to MXN 886.8 million a year ago. EBITDA was MXN 1,408.1 million compared to MXN 1,120.7 million a year ago. Controlling net income was MXN 1,612.5 million compared to MXN 557 million a year ago. For nine months, the company reported sales of MXN 32,012.1 million compared to MXN 30,125.2 million a year ago. Operating income was MXN 4,381.7 million compared to MXN 2,851 million a year ago. EBITDA was MXN 4,063.5 million compared to MXN 3,539.3 million a year ago. Controlling net income was MXN 2,924.6 million compared to MXN 1,766.2 million a year ago.

Grupo Sanborns, S.A.B. de C.V.(BMV:GSANBOR B-1) dropped from FTSE All-World Index (USD)

Grupo Sanborns, S.A.B. de C.V.(BMV:GSANBOR B-1) dropped from FTSE All-World Index (USD)

Grupo Sanborns, S.A.B. de C.V. Presents at Credit Suisse's 10th Annual Midsummer LatAm Conference, Aug-03-2016

Grupo Sanborns, S.A.B. de C.V. Presents at Credit Suisse's 10th Annual Midsummer LatAm Conference, Aug-03-2016 . Venue: Omni Berkshire Place Hotel, 21 East 52nd Street at Madison Avenue, New York, New York, United States. Speakers: Angelica Pina, Head of IR, Mario Enrique Bermúdez Dávila, Chief Financial Officer.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 18, 2016
Additional 14% Stake in Sears Operadora Mexico and 14% Stake in Inmuebles SROM, S.A. De C.V.
 

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