SMU reported mixed Q1 2026 results. Total revenue increased 2.1%, driven by strategic transformations. However, net income plunged 90% year-over-year due to non-cash tax effects.
Despite the drop, SMU maintained a 32% gross margin and EBITDA grew 9.6%. The stock edged up 0.68% to close at 132.
Unimarc premium format revenue grew 2.6%. Alvi + Super10 low-cost formats stabilized. Plans include 60 new store openings.
CEO stated: "Our focus on strategic transformation and operational efficiency is yielding positive results."
