Overview
- Cencosud said about 70% of its capital spending will go to growth initiatives including new stores, mall expansions and real estate projects.
- Plans for 2026 include 20 store openings adding more than 42,000 m² of sales area and over 40,000 m² of new mall GLA, with seven The Fresh Market stores in the United States.
- The company guided to $18.413 billion in consolidated revenue and $1.815 billion in adjusted EBITDA for the year, projecting double-digit margins in Chile, Peru and the United States.
- The retailer did not disclose how much of the announced investment will be directed to Argentina.
- Argentina country head Diego Marcantonio will leave on April 1, and Egon Zehnder has been hired to run the search for his successor.