December 28, 2014 9:51 AM ET

Multiline Retail

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

Company Overview

Grupo Sanborns, S.A.B. de C.V. is engaged in the operation of retail stores and restaurants. It operates specialized department stores, fashion boutiques, electronics and entertainment stores, convenience stores, and luxury stores, as well as a chain of industrial cafeterias. The company also distributes and sells Apple brand products and accessories; recorded music and videos; and cosmetics and perfumes. In addition, it is involved in managing and leasing of two shopping malls. The company sells its products under the Sears, Sanborns, Ishop-Mixup, Edumac, Dax, Sanborns Café, and Saks Fifth Avenue. It operates approximately 423 units in Mexico. The company was incorporated in 1928 and is hea...

Presa Falcón Building

Lago Zurich No. 245

Seventh Floor, Plaza Carso

Ampliación Granada

Mexico City, DF 11529

Mexico

Founded in 1928

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, S.A.B. de C.V. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Grupo Sanborns, S.A.B. de C.V. announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of MXN 9,028.4 million against MXN 8,933.1 million a year ago. Operating income was MXN 755.5 million against MXN 902.9 million a year ago. Controlling net income was MXN 527.4 million against MXN 620.4 million a year ago. EBITDA was MXN 966.5 million against MXN 1,080.4 million a year ago. For the nine months, the company reported revenue of MXN 27,537.4 million against MXN 27,423.6 million a year ago. Operating income was MXN 2,538.9 million against MXN 2,964.6 million a year ago. Controlling net income was MXN 1,650.4 million against MXN 2,026.9 million a year ago. EBITDA was MXN 3,145.6 million against MXN 3,486.0 million a year ago.

Grupo Sanborns, S.A.B. de C.V., Q3 2014 Earnings Call, Oct 24, 2014

Grupo Sanborns, S.A.B. de C.V., Q3 2014 Earnings Call, Oct 24, 2014

Grupo Sanborns, S.A.B. de C.V.(BMV:GSANBOR B-1) dropped from Mexico IPC Index

Grupo Sanborns, S.A.B. de C.V. will be removed from the Mexico IPC Index.

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