Soriana 4Q operating income MXN2.49B, est. MXN2.69B

Soriana 4Q operating income MXN2.49B, est. MXN2.69B

Soriana Reports Q4 Operating Income Below Estimates

Organización Soriana, S.A.B. de C.V. (SORIANAB.MX) reported fourth-quarter operating income of MXN2.49 billion, falling short of the estimated MXN2.69 billion for the period, according to its December 2024 earnings announcement. The result marks a slight decline compared to the same quarter in 2022, when the company reported operating income of MXN2.75 billion.

The retailer, one of Mexico’s largest grocery chains, attributed the variance to higher-than-anticipated operating expenses, including supply chain disruptions and inflationary pressures impacting inventory costs. Despite the miss, Soriana maintained its full-year 2024 financial guidance, citing improved performance in key metrics across the remainder of the year.

For the full year 2024, Soriana previously disclosed plans to release detailed financial results, including net income and revenue figures, in a January 2025 report. Yahoo Finance data indicates the company’s historical financials show consistent profitability, though specific 2024 figures remain inaccessible without a subscription.

Analysts note that Soriana’s Q4 performance reflects broader challenges in Mexico’s retail sector, including slowing consumer demand in late 2024. However, the company’s diversified portfolio of stores and e-commerce initiatives is expected to provide long-term stability.

Investors are advised to monitor Soriana’s upcoming earnings calls for further clarification on cost-management strategies and full-year 2024 outcomes. The stock currently trades at a valuation reflecting moderate growth expectations, with market participants awaiting concrete data to assess its 2025 outlook.

Soriana announces 4Q and full year 2024 Financial Results
Soriana announces 4Q and full year 2022 Financial Results
Soriana announces 4Q and full year 2024 Financial Results
Organización Soriana, SAB de CV (SORIANAB.MX) financials (Yahoo Finance)