Almacenes Exito releases transcript of 2Q26 earnings call Q&A session

Reuters2026/08/19 13:12

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Almacenes Éxito posted a transcript of its 2Q26 conference call and Q&A with CEO Carlos Calleja and CFO Fernando Carbajal.
Argentina retail operations shifted to La Anónima and another partner, turning former stores and a distribution center into lease income.
Argentina real estate net income ran about USD 5-6 million, versus more than USD 25 million in losses over two years.
First-phase Argentina plan targets about USD 30 million over 18-24 months to upgrade 14 shopping centers and lift the platform.
Second-phase aims to grow GLA from over 320,000 sq m to 340,000-350,000 sq m, with additional investment to be set later.
La Anónima has begun rebranding Argentine stores under its own name; Grupo Éxito brands will not remain in use.
Uruguay retail exit was ruled out; a mixed-use real estate project remains in early stages with an estimated USD 180 million investment.
Viva Suba in Bogotá is slated for completion in 1Q28; commercialization exceeded 70%, with tenant brands not yet disclosed.
Earthquake-related store damage in Colombia is still being assessed; structural and inventory impacts identified, with insurer-backed restoration plans.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almacenes Éxito SA published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Almacenes Exito releases transcript of 2Q26 earnings call Q&A session

You may also like

Crypto prices