Grupo Comercial Ched Ord (GCHEF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning to all participants and welcome to Grupo Commercial Chedawa third quarter 2025 conference call. Participating in the conference call today will be Mr. Jose Antonio Chedawa, CEO of Grupo Commercial Chedawa, Mr. Carlos Smith, CEO of Chedawa USA, Humberto Tafolla, CFO, and Arturo Valakis, IRO for the company. We will begin the call with initial comments on Grupo Commercial Chedawa's second quarter, third quarter financial results by the company's CEO, Mr. Jose Antonio Chedowa and Chedowa's USA CEO, Carlos Smith. Good morning to all and welcome to a presentation of Grupo Comercial Chedraui's third quarter 2025 results. I would like to start by acknowledging the recent severe flooding in the Veracruz region, particularly in the cities of Álamo and Poza Rica, which temporarily disrupted operations in three of our stores. Most importantly, we are pleased to report that all our employees and their families are safe. Through Fundación Chedraui, the company quickly implemented several measures to support impacted employees and local communities. These actions included the distribution of food baskets and the launch of a point-of-sale Roundup fundraising campaign to provide additional assistance. The company remains committed to reopening the affected stores as soon as possible to continue serving customers with the essential products they rely on. The company faced a challenging operating environment in the third quarter. In Mexico, consumer trends have continued to soften, while operations in the U.S. were impacted by changes in immigration enforcement. Despite these challenges, the dedication of our teams and the continued trust and preference of our customers enabled us to deliver solid results. In Mexico, same-store sales outperformed the TAD self-service segm...