Earnings release
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EL PUERTO DE LIVERPOOL REPORTS A 1.5% INCREASE IN CONSOLIDATED REVENUE Mexico City, Mexico, July 27, 2026 – El Puerto de Liverpool S.A.B. de C.V. (BMV: LIVEPOL) today reported its results for the second quarter of 2026. El Puerto de Liverpool's consolidated revenue for the second quarter reached $57.3 billion pesos, an increase of 1.5% . The performance of all business divisions showed favorable results: the Financial Business stood out with a solid increase of 9.9% , the Real Estate business advanced 8.6% , and the Retail segment grew by 0.4% . Revenues for the Retail Segment , excluding discontinued operations, maintained a positive evolution with a year-over-year increase of 1.8% . The second quarter was marked by a sluggish macroeconomic backdrop that continued to drive cautious consumer behavior and a greater concentration of discretionary spending around key promotional events, including Mother's Day, Hot Sale and Father's Day. Consumer spending was also temporarily affected by the FIFA World Cup, resulting in softer demand across most categories. While Sporting Apparel and TV & Video benefited from the event, Apparel was particularly affected, especially at Suburbia given its greater exposure to the category. Despite these conditions, we continued to execute our commercial strategy with discipline. A healthier inventory position, together with the benefit of a stronger peso, provided greater commercial flexibility, enabling us to execute promotional events while expanding merchandise margins. The operational challenges associated with the startup of our new logistics facility were fully resolved. Merchandise availability normalized early in the quarter, restoring normal commercial execution and allowing performance to be driven primarily by consumer demand. Same-Store Sales reflected a mixed performance by format. Liverpool recorded sales growth of 1.7% , driven primarily by an increase in the average ticket, while Suburbia recorded a -6.4% variation, reflecting softer consumer demand. Suburbia’s performance was also impacted by lower clearance sales resulting from a healthier inventory position and the continued repositioning of its motorcycles and mobile phones categories to improve profitability and merchandise mix. Sales performance continued to outperform the market, with ANTAD department stores reporting growth of 0.9% , while the apparel and footwear segment registered a decrease of -1.9% . Liverpool's Digital GMV increased by 4.8% , with a penetration of 32.3% , resulting in a 55 basis point expansion. Suburbia achieved a digital share of 8.7% , representing a 15 basis point increase. Active users of the Liverpool Pocket app users increased 12.4% year over year. During the quarter, we completed the migration to our new e-commerce platform. While the transition created a
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Quarterly Results | 2Q26 temporary headwind for digital GMV growth, the new platform provides greater scalability and flexibility and strengthens the foundation of our unified commerce strategy. Commercial gross margin expanded 140 basis points to 32.4% , primarily reflecting the benefits of a stronger peso, lower promotional activity following the normalization of inventory levels, and a more favorable category mix. Additional logistics costs associated with the startup of the Arco Norte distribution center totaled approximately $100 million pesos during the quarter. Consolidated inventory recorded a 1.5% increase, reflecting the period's sales as well as the scheduled merchandise receipts for the second half of the year. The Financial Business division maintained a solid portfolio and operational performance, recording a 9.9% increase in revenues, driven by a 9.5% expansion in the gross credit portfolio. As a result, the cardholder base reached 8.8 million , a 7.8% increase year-over-year. Non-Performing Loan (NPL) ratio stood at 4.7% at the end of the second quarter, a 72 basis point increase compared to the same quarter of the previous year. This level was in line with the expected performance of the portfolio, reflecting normal seasonal patterns and the gradual return of NPLs toward pre-pandemic levels. The coverage ratio strengthened to 11.2% over the total gross portfolio, a 130 basis point increase over the previous year's level, reaffirming the corporate policy of prudent origination and controlled expansion. Provisions for NPLs stood at $2.1 billion pesos , representing a 26.8% increase from the previous year. The higher provisioning expense was more than offset by the continued growth in Financial Business revenues. The Real Estate division posted an 8.6% increase in its quarterly revenues, driven by higher occupancy, which reached 94.1%, an increase of 50 basis points from the prior year, as well as favorable lease renewals and the continued optimization of the tenant mix, partially offset by the temporary moderation in foot traffic associated with the FIFA World Cup. Operating expenses, excluding bad debt provision, depreciation, and amortization , recorded a 9.1% increase, driven by expense seasonality, particularly reflected in campaigns focused on the period's sporting events and salary-related increases. Consolidated operating expenses recorded a 10.6% increase. EBITDA for 2Q26 reached $8.5 billion , representing a 1.2% decrease compared to the previous year. The EBITDA margin stood at 14.9% , a decrease of 40 basis points. Quarterly Results 2Q26 | Page 2
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Quarterly Results | 2Q26 Net income recorded for the quarter was $5.1 billion , a 55.4% growth compared to the previous year. Results for the quarter include a 53.8% reduction in net financial expenses and the contribution from Nordstrom for a full quarter. During the period, CAPEX , including real estate trusts, reached $2.2 billion pesos. EXPANSIONS, INITIATIVES, AND RECENT EVENTS On May 13, Standard & Poor’s (S&P) affirmed El Puerto de Liverpool’s rating at ' BBB ', maintaining a Stable Outlook . The evaluation was conducted under the " ratings above the sovereign " methodology. On June 2, Fitch Ratings affirmed El Puerto de Liverpool's national scale ratings at ' AAA(mex) ' and ' F1+(mex) ', respectively, with a Stable Outlook . Simultaneously, it affirmed the international local and foreign currency risk ratings at ' BBB+ '. During the 2026 IGDS World Department Store Summit , Liverpool was recognized as the 3rd best global department store firm in Retail Media. El Puerto de Liverpool consolidated its position within the prestigious Forbes' Global 2000 ranking. This list evaluates the world's largest public companies across four key pillars: sales, profits, assets and market value. The G.L.A.M. division continues to expand its portfolio with the addition of six international brands, broadening its presence across consumer segments and supporting future growth. This lineup includes Aéropostale , consolidating the casual youth fashion offering, as well as Billabong , Café Du Cycliste , Element , RVCA and Volcom leading brands that strengthen strategic positioning in the urban and action-inspired sportswear, lifestyle, footwear and accessories segments. Liverpool was added to the Dow Jones Best-in-Class MILA Pacific Alliance index, becoming the only retailer in Mexico to be included in the index. This indicator recognizes organizations with outstanding performance in environmental, social, and governance (ESG) criteria within the Pacific Alliance region, comprising Mexico, Chile, Colombia and Peru. On July 9, the Company completed the acquisition of the remaining percentage of the lease rights for Galerías Metepec , a transaction agreed upon with GICSA. This operation strengthens our real estate portfolio by securing the comprehensive management of a flagship shopping center. At the 2026 Ecommerce MX Awards , organized by Marketing4eCommerce, Liverpool Pocket was the winner in the Best Ecommerce of the Year category. Regarding ESG pillars and socio-labor inclusion initiatives, the Company entered into a strategic alliance with Confe, A.C. to open an inclusive retail space at MAP Polanco, operated by female employees with disabilities. In recognition of these Quarterly Results 2Q26 | Page 3
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Quarterly Results | 2Q26 efforts, the Company was awarded the “Company Committed to Inclusion” badge by the CCE, CNM, COAMEX, and Éntrale, A.C., recognizing its institutional practices that promote accessibility and workplace equity. The Ordinary Shareholders' Meeting held on April 14, 2026, decreed a dividend of $4.0 billion pesos from the Net Tax Profit Account (CUFIN) prior to 2013, equivalent to $2.95 per share. The first installment of $2.4 billion pesos ($1.77 per share) was paid on May 22, and the second installment of $1.6 billion pesos ($1.18 per share) is scheduled for October 9. The total dividend amount represents 23.1% of 2025 net income, compared to 17.1% in 2024. Quarterly Results 2Q26 | Page 4
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Quarterly Results | 2Q26 ANALYST COVERAGE In compliance with the Mexican Securities Market Law, the Company discloses the list of Financial Institutions and Groups that analyze its financial and operating performance. Actinver Bank of America Banorte Barclays BBVA Bradesco BBI BTG Pactual Citigroup GBM Goldman Sachs HSBC Itaú BBA JP Morgan Morgan Stanley Santander Scotiabank UBS COMPANY PROFILE The Company has the following stores and shopping centers as of March 31, 2026: Locations GLA (m2) 2Q26 2Q25 2Q26 2Q25 Liverpool 125 125 1,809,126 1,811,597 Liverpool Express 72 52 9,680 7,230 Suburbia 196 196 691,272 695,765 Boutiques 173 129 95,589 84,270 Shopping Centers 30 30 1,037,544 1,032,353 EARNINGS CALL Our quarterly results conference call for 2Q26 will be held on Tuesday, July 28, at 9:00 am Mexico city time. For additional information and connection details, please visit www.elpuertodeliverpool.mx INFORMATION FOR INVESTORS José Antonio Diego M. jadiego@liverpool.com.mx Enrique M. Griñán G. emgrinang@liverpool.com.mx Nidia I. Garrido M. nigarridom@liverpool.com.mx Address: Prolongación Vasco de Quiroga 4800, Torre 3, Piso 2, Col. Santa Fe Cuajimalpa, Ciudad de México, 05348. Quarterly Results 2Q26 | Page 5
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Quarterly Results | 2Q26 Income Statement (Figures in millions of pesos) NOTES QUARTER CHG % YTD CHG % 2Q26 2Q25 2026 2025 Liverpool and Boutiques 1 43,695 42,400 3.1 76,530 75,313 1.6 Suburbia 1 5,387 5,769 (6.6) 10,085 10,633 (5.1) Services and Others 795 810 (1.9) 1,607 1,459 10.2 Commercial Segment Subtotal 1,2 49,877 48,979 1.8 88,223 87,405 0.9 Automotive (0) 684 (100.0) 1 1,363 (99.9) Commercial Segment 49,877 49,663 0.4 88,224 88,768 (0.6) Financial Business Segment 3 6,028 5,486 9.9 11,725 10,591 10.7 Real Estate Segment 4 1,385 1,275 8.6 2,759 2,592 6.5 Total Income 57,290 56,424 1.5 102,708 101,951 0.7 Cost of Goods Sold 33,738 34,291 (1.6) 60,226 61,562 (2.2) Retail Gross Profit 16,139 15,372 5.0 27,997 25,842 8.3 Retail Margin 32.4% 31.0% 1.4 pp 31.7% 29.6% 2.2 p.p. Consolidated Gross Profit 23,553 22,133 6.4 42,482 40,389 5.2 Consolidated Gross Margin 41.1% 39.2% 1.9 pp 41.4% 39.6% 1.7 p.p. Operating Expenses excl. Loan Loss Provision and D&A 12,957 11,873 9.1 25,257 23,459 7.7 Loan Loss Provision 2,074 1,635 26.8 3,560 2,821 26.2 Depreciation and Amortization 1,585 1,518 4.4 3,119 2,993 4.2 Total Operating Expenses 16,615 15,026 10.6 31,935 29,273 9.1 Operating Income (Loss) 6,937 7,108 (2.4) 10,547 11,116 (5.1) EBITDA 8,522 8,625 (1.2) 13,665 14,109 (3.1) EBITDA Margin 14.9% 15.3% (0.4 pp) 13.3% 13.8% (0.5 p.p) Financial Expenses (1,131) (2,448) (53.8) (2,129) (3,491) (39.0) Income Tax (1,616) (1,293) 25.0 (2,282) (2,079) 9.8 Results from Associates 5 932 (68) N.C. 906 69 1,204.0 Net Income 5,122 3,299 55.3 7,041 5,616 25.4 Controlling Net Income 5,119 3,295 55.4 7,034 5,608 25.4 NOTES 1 Commercial Segment Subtotal 2Q26 2Q25 CHG % 2026 2025 CHG % SSS Liverpool, Boutiques & Others 1.7% 4.7% (3.0 p.p) -0.2% 6.1% (6.3 p.p) SSS Suburbia -6.4% 8.2% (14.6 p.p) -4.9% 7.8% (12.7 p.p) SSS Department Stores ANTAD 0.9% 11.9% (11.0 p.p) 1.0% 6.1% (5.1 p.p) Quarterly Results 2Q26 | Page 6
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Quarterly Results | 2Q26 2A Digital Ecosystem | Share 2Q26 2Q25 CHG % 2026 2025 CHG % Digital Sales | Liverpool 32.3% 31.8% 0.6 p.p. 31.9% 30.2% 1.7 p.p. Digital Sales | Suburbia 8.7% 8.6% 0.2 p.p. 8.3% 7.5% 0.8 p.p. Click & Collect 40.6% 42.2% (1.6 p.p) Deliveries in less than 48 hours 54.0% 54.9% (0.9 p.p) Direct Deliveries from Store 44.6% 41.1% 3.5 p.p. 2B Digital Ecosystem | Growth 2Q26 2Q25 CHG % 2026 2025 CHG % GMV | Consolidated 4.8% 22.7% (17.9 p.p) 7.2% 22.2% (15.0 p.p) Active Users | Liverpool Pocket App 12.4% 17.1% (4.7 p.p) Active Users | Suburbia App 6.6% 24.7% (18.1 p.p) 3 Financial Business Segment LIVERPOOL 2Q26 2Q25 CHG % 2026 2025 CHG % Total Cards (Thousands) 6,470 6,097 6.1% 6,470 6,097 6.1% Sales with proprietary payment methods 54.2% 52.8% 140 pb 52.8% 51.1% 170 pb SUBURBIA 2Q26 2Q25 CHG % 2026 2025 CHG % Total Cards (Thousands) 2,374 2,103 12.9% 2,374 2,103 12.9% Sales with proprietary payment methods 38.4% 35.2% 320 pb 36.6% 33.6% 300 pb EL PUERTO DE LIVERPOOL 2Q26 2Q25 CHG % Total Cards (Thousands) 8,844 8,201 7.8% Accounts past due over 90 days (%) 4.7% 4.0% 70 pb Portfolio Coverage Ratio 11.2% 9.9% 130 pb Gross Portfolio (Millions of Pesos) 75,248 68,735 9.5% Bad Debt Reserves (Millions of Pesos) 8,419 6,821 23.4% 4 Real Estate Segment 2Q26 2Q25 CHG % Occupancy 94.1% 93.6% 50 pb 5 Results from Associates NORDSTROM, INC. Mar-May 26 Mar-May 25 CHG % Total Revenue 1 3,903 3,685 5.9 Adjusted EBITDA Margin 9.7% 9.1% 0.6 p.p. Net Income 1 69 130 (46.9) Net Results from Associates 2 807 144 N.C. 1 Figures in USD million, reflecting 100% of Nordstrom's operations. Growth rates are calculated in USD. 2 Figures for the first quarter of 2026 for El Puerto de Liverpool, reflecting the proportional ownership interest of 49.9%. Figures in Ps. million. Quarterly Results 2Q26 | Page 7
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Quarterly Results | 2Q26 Consolidated Balance Sheet as of June 30th, 2026 (Figures in millions of pesos) NOTES JUN 26 JUN 25 CHG $ CHG % Cash and Cash Equivalents 6 21,198 8,959 12,240 136.6% Clients 66,828 61,915 4,914 7.9% Inventories 41,822 41,209 613 1.5% Fixed Assets 106,517 103,652 2,865 2.8% Investments and Other Assets 71,819 79,801 (7,982) (10.0%) Total Assets 308,185 295,536 12,649 4.3% Loans 7 39,705 41,794 (2,089) (5.0%) Suppliers 32,908 32,854 54 0.2% Leases and Other Liabilities 54,907 51,432 3,475 6.8% Total Liabilities 127,519 126,080 1,439 1.1% Shareholder's Equity 180,666 169,456 11,210 6.6% NOTES: 6 Cash and Cash Equivalents 10.11% is invested in foreign currency, mainly in USD. 7 Interest-bearing debt and Cash Flow All dollar-denominated debt is hedged, covering both principal and interest on bonds maturing before 2025. From 2025 onward, dollar-denominated debt is hedged, covering only the principal. 100% of the debt is at a fixed rate, with a weighted average interest rate of 9.39%. The Net Debt/EBITDA leverage ratio (U12M) stood at 0.62x at quarter-end. Quarterly Results 2Q26 | Page 8
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Quarterly Results | 2Q26 Operating Cash Flow Statement (Figures in millions of pesos) QUARTER YTD 2Q26 2Q25 2026 2025 Operating income 6,937 7,108 10,547 11,116 Depreciation and amortization 1,585 1,518 3,119 2,993 EBITDA 8,522 8,625 13,665 14,109 Clients (5,879) (5,730) 5,023 2,715 Inventories 1,780 (1,544) (4,572) (6,170) Suppliers (1,050) 3,843 (6,413) (5,377) Others (558) (3,141) (4,317) (9,385) Cashflow from operations 2,815 2,053 3,387 (4,108) ANNEX Capital Expenditure and Others 2026 VAR % CAPEX $2,191 * (48.1) Logistics and IT Projects 36% Remodeling and expansions 42% Openings 12% Other Investments 10% % of Consolidated Income 2.1% * Includes the investments in Real Estate trusts. Quarterly Results 2Q26 | Page 9