Soriana sales decline 0.7% in Q1 2019

Source: soriana, Friday, May 24, 2019

Soriana has reported financial results of its first quarter ended 31 March 2019. The retailer recorded sales of MXN35.25 billion (USD1.8 billion) during the period. As a result of the closure of 16 stores in 2018 and three stores in the present quarter, the retailer experience negative growth of 0.7%. At the end of Q1, Soriana operated 180 stores (Spanish language)