24 May 2023
The Weekly
Mexico

During Q1 2023, Liverpool’s l-f-l store sales increased 15% and Suburbia’s l-f-l store sales increased 3.1%. Total income of the group for Q1 increased 16.5%. Net revenue for Q1 2023 increased 16.5%, with all business segments once again reporting double-digit growth. EBITDA for the first quarter reached P 5.189bn (US 288mn), representing a 5.3% increase from 2022, while the EBITDA margin stood at 13.8%, a 1.5% decrease year over year. GMV for the digital channel increased 33% for the quarter, compared to the same period of the previous year, ending the quarter with a 24.5% share. The Marketplace registered a 62% increase in sales during the quarter. The number of sellers increased 22%, while SKUs increased 44% vs the same quarter of the previous year and represented more than 42% of our total catalogue. During Q1, delivery orders within 2 days or less increased almost 35% vs the same period of last year and accounted for 39% of the total, relatively unchanged compared to the previous year. Click & Collect reached 36% of digital sales Q1, 4% above the level reported Q1 2022. At the end of the quarter, inventories increased by almost 21%, compared to the same period of 2022 (merchandise shortages last year).

You are currently offline. Some pages or content may fail to load.

We have cached all the pages you navigated to, including the Homepage, Contact page and Events. You can visit those while offline.