What: Falabella Group’s second-quarter profit rose 14% to a record US$242 million as all businesses grew across its physical-digital ecosystem.

Why it is important: Falabella’s performance highlights the value of cross-business synergies, marketplace growth and financial services in sustaining retail resilience.

Grupo Falabella reported record second-quarter profit of US$242 million, up 14% year on year, despite a contracting consumer environment. Including the fair value accounting effect, profit reached US$330 million. Consolidated revenue rose 10% to US$3.781 billion, while EBITDA increased 7% to US$549 million, with an EBITDA margin of 14.5%. Growth was broad-based across the group’s ecosystem. Banco Falabella increased consolidated revenue by 26%, with its loan portfolio up 18% to US$8.7 billion and purchases made through its payment methods rising 17% to US$7.9 billion. Falabella Retail grew revenue by 10%, supported by 21% online growth and 3% growth in physical stores. Tottus revenue rose 11%, while Sodimac grew 4%, or 10% including Mexico and Colombia. Digital GMV increased 19%, driven by 34% growth in seller sales and improvements in assortment, delivery speed and shopping experience. Mallplaza EBITDA rose 10% and visits exceeded 95 million.

IADS Notes: Falabella’s record second-quarter profit confirms the strength of its diversified physical-digital ecosystem across retail, banking and shopping centres. In September 2026, a Press Release reported that profit rose 14% to US$242 million, with consolidated revenue up 10%, EBITDA up 7%, digital GMV up 19%, Banco Falabella revenue up 26% and Mallplaza EBITDA up 10%. This builds on the May 2026 Press Release showing first-quarter profit growth of 22%, supported by digital banking, marketplace sellers, store experience and logistics. Modaes reported in February 2026 that Falabella’s 2025 recovery was driven by asset revaluation, operational improvements, stronger retail performance, online profitability, disciplined cost control and a US$900 million investment plan for 2026. Fashion Network’s November 2025 coverage showed the same momentum in Q3 2025, with profit doubling, revenue up 10%, EBITDA up 25%, comparable GMV up 17% and Banco Falabella lending up 21%. Perú Retail’s June 2025 analysis of Peru’s 28% contribution to regional revenue further showed how retail formats, financial services, Mallplaza and digital transformation reinforce the group’s regional resilience.

Falabella Group's profits rise 14% in 2026 Q2 thanks to the cross-cutting growth of its businesses