What: El Puerto de Liverpool reported 4.4% quarterly revenue growth, driven by digital expansion, new store formats, financial services, and real estate development.

Why it is important: Liverpool’s performance demonstrates the ongoing challenge of balancing digital growth and profitability.

El Puerto de Liverpool achieved a 4.4% increase in consolidated revenue for the third quarter of 2025, with digital channels, financial services, and real estate all contributing to this growth. Retail revenue rose by 2.9%, while financial services surged 15.7%, supported by a growing credit portfolio and an expanding cardholder base. The company’s digital ecosystem continued to evolve, with digital GMV up 21.9%, a higher digital share of sales, and increased app engagement for both Liverpool and Suburbia. Physical expansion remained a priority, as evidenced by the opening of new Liverpool Express stores, Livestore boutiques, and the first standalone Disney Stores in Latin America. Real estate revenue grew 7.3%, driven by the expansion of Galerías Metepec and improved rental income. Despite these advances, Liverpool faced margin pressure due to logistics costs and higher provisions for bad debts, resulting in a 14.8% decrease in EBITDA and a 10.5% drop in net income. The company remains focused on operational efficiency, inventory management, and omnichannel growth to sustain its competitive position. 

IADS Notes: El Puerto de Liverpool’s third-quarter performance aligns with trends observed in March 2025 (“El Puerto de Liverpool achieves 9.2% revenue growth,” Modaes), April 2025 (“El Puerto de Liverpool Q1 sales increase by 10%, profits fell,” Modaes), May 2025 (“Latin American department stores gain momentum: 6.3% growth in Q1 2025,” Modaes), and September 2025 (“Latin American department stores achieved 7% revenue growth in 2025 Q1,” Modaes). These sources highlight robust revenue growth accompanied by margin and profit pressures as the company balanced digital transformation, physical expansion, and operational efficiency. The expansion of new store formats and real estate investments mirrors broader sector strategies, while the ongoing challenge of sustaining profitability amid rapid digital and financial services growth remains a central theme.

El Puerto de Liverpool reports 4.4% revenue growth in 2025 Q3