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Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
Plaza
Plaza (MALLPLAZA) investor relations material
Plaza Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary25 Feb, 2026
Executive summary
Achieved record operational and financial results in 2025, with EBITDA up 38.2% year-over-year and a margin of 80.5%.
Net income excluding fair value rose 53.3% to CLP 369,312 million; FFO per share increased 26.2% to CLP 185.1.
Regional expansion, especially in Peru, contributed significantly to consolidated EBITDA growth (23.8% for the year).
Over 385 million visits and 2.35 million sqm of GLA, with 519 new stores and 868 contract renewals.
Inclusion in MSCI Mid-Large Cap and FTSE indices boosted stock liquidity and global investor profile.
Financial highlights
Net revenue for 2025 grew 32.2% year-over-year to CLP 653,911 million; 4Q25 revenue up 23.6%.
EBITDA for 2025 reached CLP 526,228 million (+38.2%), with a margin of 80.5%.
Net income for 2025 was CLP 1,431,012 million (+326.0%), driven by fair value gains on investment properties.
FFO for 2025 totaled CLP 405,300 million (+33.7%), with an adjusted FFO margin of 62.5%.
Tenant sales rose 22.9% to CLP 6,621,640 million; footfall increased 24.0% to 385.3 million.
Outlook and guidance
Over USD 600 million growth and transformation plan underway, including major expansions and new premium outlet formats.
Pipeline includes 168,600 sqm of GLA to be added, with total investment of USD 607.7 million.
Expectation to sustain EBITDA margins at current high levels, supported by continued operational efficiency and cost recoveries.
Focus on maximizing asset productivity, expanding residential and mixed-use projects, and strengthening complementary businesses.
Anticipate continued growth in complementary businesses, especially parking and media.
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Next Plaza earnings date
Q1 20265 May, 2026
Plaza
Next Plaza earnings date
Q1 20265 May, 2026
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