La Comer stock hit by 20.8% profit drop as store costs rise
Published on 11/10/2026 at 01:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCosts Outpaced Sales Growth
- La Comer increased third-quarter sales while higher operating expenses reduced profitability.
- Two new stores expanded the chain to 96 locations, but same-store sales growth slowed.
- Investors will focus on whether expansion costs ease as year-end demand develops.
La Comer reported weaker profitability for the third quarter ended September 30, 2026, as spending on salaries, advertising and new store openings rose faster than sales. The Rio Times said the company published the results on October 20.
Net income fell 20.8% year over year to 508 million Mexican pesos, while net sales rose 4.6% to 12.36 billion Mexican pesos. Operating expenses increased 11.0% to 2.96 billion Mexican pesos, pushing operating profit down 13.8% to 723 million Mexican pesos.
Expansion Pressures Margins
La Comer opened a supermarket in Cuernavaca and a Fresko store in Monterrey during the quarter. The chain ended the period with 96 stores, compared with 90 a year earlier, while sales space expanded 8.8% to 440,732 square metres.
Same-store sales increased 1.0%, slowing from 6.2% a year earlier. EBITDA declined 9.5% to 1.132 billion Mexican pesos, and its margin narrowed to 9.2% from 10.6%.
La Comer stock traded at 30.47 Mexican pesos on the Mexican market at 20:59 UTC on Monday, November 9, 2026, down 0.97% from the previous close of 30.77 Mexican pesos. The quote is the latest available market price for the Mexican listing.
Competition And Consumer Demand
EL CEO reported that La Comer, Walmart de Mexico and Chedraui all increased Mexican revenue in the third quarter, while Soriana recorded a decline. The report also described consumers as cautious, leaving food demand resilient but limiting retailers' operating leverage.
For the first nine months, La Comer sales increased 6.2% to 37.3 billion Mexican pesos, while net income declined 11.8% to 1.921 billion Mexican pesos. Cash stood at 976 million Mexican pesos at the end of September, with store investment a major use of funds.
La Comer Business And Peers
La Comer is a Mexican supermarket group focused on groceries, fresh food and premium retail, operating in Mexico through the La Comer, Fresko, City Market and Sumesa banners. Its 96-store network serves Mexican consumers, with City Market positioned toward premium shoppers and La Comer also developing online sales. In Mexico's listed supermarket sector, Walmart de Mexico, Chedraui and Soriana are named peers; EL CEO reported that La Comer and Chedraui each increased third-quarter revenue by 4.6%, while Soriana's revenue declined.
La Comer Stock Facts
- Company: La Comer, S.A.B. de C.V.
- ISIN: MX01LA050010
- Ticker: LACOMERUBC.MX
- Market price: 30.47 Mexican pesos at 20:59 UTC on November 9, 2026
- Change: Down 0.97% from the previous close of 30.77 Mexican pesos
- Third-quarter sales: 12.36 billion Mexican pesos
- Third-quarter net income: 508 million Mexican pesos
- Store count: 96 at September 30, 2026
Mexican retailers enter the year-end period with demand shaped by cautious consumers, employment and inflation; see Current market reports.
