Quarterly ResultMay 6, 2026, 04:26 PM
Tiendas 3B 1Q26 Revenue Ps. 22.86B; Adj. EBITDA Ps. 1.28B
AI Summary
Tiendas 3B announced strong first quarter 2026 results, with total revenue increasing 33.4% year-over-year to Ps. 22,860 million, driven by robust same-store sales growth of 16.0% and continued store expansion. Adjusted EBITDA, excluding non-cash share-based payment expense, rose 38.9% to Ps. 1,276 million. However, the company reported a net loss of Ps. 558 million, significantly wider than the prior year, primarily due to increased administrative expenses from non-cash share-based payments and higher financial costs. Additionally, shareholders re-elected two directors and elected a new Class II director, and the company is pursuing legal proceedings against a payment terminal provider.
Key Highlights
- Opened 123 net new stores, reaching 3,469 total as of March 31, 2026.
- Total revenue for 1Q26 was Ps. 22,860 million, a 33.4% increase year-over-year.
- Same Store Sales grew 16.0% compared to 1Q25.
- EBITDA, excluding non-cash share-based payment expense, was Ps. 1,276 million, up 38.9% year-over-year.
- Reported EBITDA was Ps. 554 million, a 21.4% decrease from Ps. 705 million in 1Q25.
- Net loss for 1Q26 was Ps. 558 million, compared to a net loss of Ps. 87 million in 1Q25.
- Net cash flows provided by operating activities increased 64.1% to Ps. 1,961 million.
- Shareholders re-elected K. Anthony Hatoum and Juan Pablo Cappello, and elected Halil Erdogmus as a new Class II director.