Overview

• Liverpool’s second-quarter revenue rose 8.0% to 56,424 million pesos as all business segments posted gains.
• Net income plunged 47% year-over-year, falling to 3,295 million pesos and underperforming analyst forecasts.
• EBITDA contracted by 7.1% to 8,625 million pesos, trimming the margin by 2.5 percentage points.
• Operating expenses climbed 12.4% after Mexico’s minimum-wage increase raised labor and service costs.
• Event-driven sales were uneven, with Hot Sale and Mother’s Day bolstering results while Father’s Day demand lagged.