Almacenes Exito S.A.
exito.comWhat Do They Do?
Sells groceries, household goods and other merchandise through supermarkets and hypermarkets, serving shoppers in Colombia, Uruguay and Argentina.
20-F for FY2024, filed Apr 30, 2025
How Do They Make Money?
Shoppers pay for goods when they receive them. The company also earns money from services, leasing space and royalties; service revenue is generally earned when the service is provided, while rent is earned over the lease term.
20-F for FY2024, filed Apr 30, 2025Revenue from retail sales is recognized at the point in time when control of the asset is transferred to the customer, upon delivery of the…View ↗
Revenue from the provision of services is recognized at a point in time, when the performance obligations agreed upon with the customer…View ↗
Lease income on investment properties is recognized on a straight-line basis over the term of the agreement.View ↗
Royalties are recognized upon fulfilment of the conditions set out in the agreements.View ↗
COP 3.8B
-
20-F for FY2024, filed Apr 30, 2025
COP 3.8B ↗
Who Are Their Customers?
Shoppers buy goods in the company’s stores and through its e-commerce operations; it also serves businesses that use food vouchers for employee benefits.
20-F for FY2024, filed Apr 30, 2025
Do Revenues Turn Into Profits?
Yes. Its net income in FY2024 was larger than its revenue.
Who Do They Compete With?
Competes with Cencosud, Olímpica, D1, Ara, Tienda Inglesa, El Dorado, Ta-Ta, Carrefour, DIA, and Coto
20-F for FY2024, filed Apr 30, 2025We face strong competition in the Colombian retail sector from international and domestic retailers, including Cencosud and Olímpica and…View ↗
Loading...
