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Home > Company Index > Retail > Consumer Electronics Retailing > Grupo Elektra S.A. de C.V.

Grupo Elektra S.A. de C.V.
NYSE: EKT
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 NEWS FROM THE WIRES
Mexico's Elektra sees 2001 revs at $1.7 bln
Aug 16 2001 02:38 PM PDT

Mexico's Elektra sees 2001 revs at $1.7 bln
Aug 16 2001 02:38 PM PDT

Mexican Elektra securitizes $60 mln in receivables
Jul 19 2001 02:12 PM PDT

POLL-Mexico Elektra Q2 operating profit seen rising
Jul 17 2001 06:02 AM PDT

POLL-Mexico Elektra Q2 operating profit seen rising
Jul 17 2001 06:02 AM PDT

More WIRE STORIES about this company

 PROFILE
With about 950 stores, retailer Grupo Elektra is plugged into cities throughout Mexico, as well as in Guatemala, El Salvador, Honduras, the Dominican Republic, and Peru. Its Elektra and Salinas y Rocha chains sell appliances, electronics, and furniture to lower- and upper-middle class customers, respectively. Its THE ONE stores offer low-priced clothing. Elektra stores offer installment plans, paging services, money transfers, and savings accounts. The family of late founder Hugo Salinas Rocha controls both Grupo Elektra and broadcaster TV Azteca; the retailer itself owns 22% of TV Azteca. Grupo Elektra's 1999 purchase of Salinas y Rocha reunited family factions that had split in the 1950s.

 COMPETITION
Grupo Carso, S.A. de C.V. (GCARSO)
El Puerto de Liverpool, S. A. de C. V. (LIVEPOL)
Wal-Mart de México, S.A. de C.V. (WMMVY)

 DEALS
Deal: Grupo Elektra Teams With Todito.com
Date Announced: 05.12.00
Value of transaction (US $Mil): 0
Description: Latin American specialty retailer allies with Spanish-language portal for North Americans.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,533.90
1-Yr. Sales Growth: 26.8%
Employees: 19,442
Revenue per employee: $78,896.20

 KEY PEOPLE
• Javier Sarro
    CEO
• Älvaro Rodríguez
    CFO

 CONTACT INFO
Avenida Insurgentes Sur 3579, Colonia Tlalpan La Joya
14000 México, D.F., Mexico
Phone: 52-56-29-9000
Fax: 52-56-29-9234
Online: Web Site

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