Santiago, November 11, 2025.– Grupo Falabella reported a profit of US$167 million in the third quarter of 2025, 1.8 times higher than the same period last year (US$91 million), reflecting sustained profitability growth and business consolidation. Year-to-date earnings now total US$745 million.
During the quarter, revenues reached US$3.248 billion, up 10% compared to the same period in 2024; and EBITDA grew 25% to US$430 million, with a margin of 13.2% versus 11.6% last year.
Alejandro González, CEO of Grupo Falabella, stated: “Today we are in a position of commercial and financial leadership that allows us to look to the future with hunger for growth, the ambition to seize opportunities, and to continue anticipating our customers’ needs.”
This positive performance was recently recognized by leading international rating agencies. In October, Fitch Ratings upgraded Grupo Falabella’s international credit rating to BBB- with a stable outlook, restoring investment grade status, while S&P Global Ratings improved its outlook from “Stable” to “Positive,” highlighting improved profitability, reduced leverage, and a strong financial structure. In fact, during this period, leverage—measured as net financial debt over EBITDA—fell to 1.8 times.
González added: “We are well positioned to face the last part of 2025, historically the most commercially relevant period of the year, with a more integrated ecosystem, strengthened logistics and digital capabilities, a base of 37 million customers, and more than 21 million enrolled in our loyalty program.”
Performance by business
During the quarter, all five businesses within the Falabella ecosystem showed sales growth, reflecting the impact of its commercial strategy with more agile and disciplined management.
Falabella Retail increased revenues by 13% year-on-year and improved margins thanks to a multi-specialist and omnichannel offering, leveraging top brands and the ‘Lo Último, Primero en Falabella’ concept. This unit’s EBITDA was US$42 million, 3.2 times higher than the same period last year.
Sodimac posted a 5% revenue increase, driven by growth in its online channel. GMV rose 8% y/y during the quarter (16% excluding Cyber Chile effect, where 60% of online sales were made through the standalone site and app). Private label brands strengthened their share, increasing 2 pp in the sales mix.
Tottus grew revenues by 7%, with an EBITDA margin of 7.1% (+46 bps y/y). In Chile, layout changes in 18 stores with more square meters and a perception of more competitive prices boosted shopping frequency by 5% and transactions by 4%. In Peru, its Precio Uno format continues to consolidate, with 8% growth in the food category in local currency.
The group’s E-commerce maintained its momentum, with 17% GMV growth on a comparable basis and a 37% increase in the 3P model. Beyond the quarter ended in September, the recent Cyber event in Chile reinforced this trend with an 18% GMV increase, 51% growth in seller sales, and 52% in Click & Collect deliveries, consolidating the relevance of the omnichannel offering.
In digital banking, Banco Falabella maintained strong loan growth, reaching US$7.4 billion (21% year-on-year and 15% at constant exchange rates), driven by the four markets where it operates: Chile (+16%), Peru (+10%), Colombia (+7%), and Mexico (+38%). The bank opened more than 792,000 accounts and cards during the quarter (12% y/y), while purchases with its payment methods grew 18%, reflecting greater product primacy and customer trust.
Finally, Mallplaza posted a 37% increase in revenues, driven by the consolidation of its Peru division and leases in Chile and Colombia; and welcomed over 93 million visits during the period, with Same Store Sales up 5.3%. The company launched Mallplaza Premium Outlet and announced an investment plan of US$570 million through 2028 aimed at expanding and transforming its assets in the region.
