The department store chain El Palacio de Hierro announced changes that will take effect between June and August, marking a transformation of its 15 luxury stores in Mexico. The company reported revenue of 13,274 million pesos in the first quarter of 2026, a 4.2% year-over-year increase, driven by a total margin of 33.8% and EBITDA of 1,624 million pesos.
cronista.com