Abc SA
8.80
CLP
0.00
(0.00%)
Abc SA
BCS:ABC
(Santiago Stock Exchange)
Recent
price
8.80
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Abc SA is a Chile-based retail and consumer financial services company that operates department stores, specialty retail chains, and consumer financing solutions across Chile. The company operates primarily through two core business segments: Retail and Financial Services. Through its Retail segment, the company retails a wide range of merchandise, including consumer electronics such as smartphones, smart televisions, audio systems, and computing devices; large and small home appliances such as refrigerators, washing machines, cooking ranges, and microwaves; furniture, bedding, and home decoration products; and apparel, footwear, sporting goods, and personal care items through a nationwide physical store network and integrated digital commerce platforms. Through its Financial Services segment, the company provides proprietary and co-branded credit card products, including the Tarjeta abc and abcvisa cards; revolving credit lines; consumer loans and cash advances; and insurance brokerage services, offering life, health, personal accident, unemployment, and extended warranty coverage. Founded in 1920 and headquartered in Santiago, Chile, the company primarily targets middle- and emerging-income consumer segments throughout metropolitan and regional Chilean markets. In recent corporate developments, the entity completed a transformative merger between Empresas La Polar S.A. and AD Retail S.A., the operator of the ABCDIN and Cofisa businesses, creating a unified retail and financial conglomerate. In connection with the merger and strategic reorganization, the company formally changed its corporate name from Empresas La Polar S.A. to Abc SA, transitioning its stock ticker symbol on the Santiago Stock Exchange from LAPOLAR to ABC. Furthermore, the company launched an operational and commercial unification plan, consolidating its store portfolio, distribution logistics, and e-commerce channels under the unified abc brand identity.