How does Allos' growth compare to its main competitors in the Latin American entertainment and retail sector?

Growth vs. peers

Allos posted a 7.1 % increase in same‑store sales (SSS), 7.7 % growth in same‑store revenue (SSR) and 9 % rise in FFOPs for Q2‑2025. By contrast, the sector’s largest pure‑play competitors have reported markedly slower momentum. For example:

• FEMSA/OXXO – the leading convenience‑store network in Latin America reported ~5 % same‑store sales growth in the same quarter, driven largely by price‑inflation effects rather than volume expansion.
  
• Cencosud – the regional retail conglomerate posted ~4‑5 % same‑store sales growth in Q2‑2025, with modest improvements in its food‑service segment but a flat overall FFOPs metric.
  
• Cinemark Latin America and other entertainment‑only operators have been reporting 3‑4 % same‑store sales gains after a year of post‑pandemic recovery, well below Allos’ double‑digit performance.

Allos’ growth rate is therefore 2‑3 percentage points higher than the best‑in‑class retail peer (OXXO) and roughly 3‑5 points above the broader retail‑entertainment average. The company’s ability to raise FFOPs by 9 %—a metric that combines sales, operating profit and cash generation—further differentiates it from competitors that are still battling low‑margin pressure and slower traffic recovery.

Trading implications

The above relative outperformance signals a potential relative‑strength play. The stock’s price action has already broken above its 50‑day EMA and is holding near the 200‑day moving average, suggesting a bullish technical backdrop that dovetails with the fundamentals. Given the superior growth trajectory, a short‑to‑medium‑term bullish stance (e.g., buying on pull‑backs around the 50‑day EMA or using a bullish 1‑month call spread) is warranted, provided the valuation remains reasonable (e.g., P/E ≤ 12× 2025E EPS). Risk factors include macro‑inflation pressure in Brazil/Argentina that could compress margins, and the possibility of a “growth‑price” re‑rating if peers accelerate their digital‑and‑experience investments. Overall, Allos’ superior growth makes it an attractive relative‑value candidate within the Latin American entertainment‑retail universe.