Betterware Mex Stock Price, News & Analysis

Betterware de México (Nasdaq: BWMX) announced that its controlling shareholder, Campalier, purchased 321,964 shares for approximately $4.8 million USD. This transaction increases Campalier's ownership to around 53.4% of Betterware's outstanding shares. Luis G. Campos, Executive Chairman, expressed confidence in the company's growth strategy, emphasizing product innovation, business intelligence, and technology as key pillars for future profitability. The purchase reflects belief that the current share price underestimates the business's value.

Betterware de Mexico (NASDAQ: BWMX) reported its Q4 and FY 2021 financial results, showing a 41% increase in net revenue to Ps. $10,039.7 million and a 33% rise in EBITDA to Ps. $2,798.5 million. Despite significant annual growth, Q4 2021 presented challenges with an 11% decline in net revenue compared to Q4 2020, attributed to sluggish consumer activity and global supply chain issues. The company's net income surged by 440% for the year. Betterware expects to maintain fiscal 2022 revenues and EBITDA in line with 2021 data, while continuing its growth strategy and expanding market presence through its JAFRA acquisition.

Betterware de México (Nasdaq: BWMX) announced a new corporate leadership structure on February 8, 2022, to facilitate growth following the acquisition of Jafra Cosmetics. Key appointments include Juan Luis Toscano as Chief Talent Officer, Carlos Doormann as Chief Financial Officer, and Mauricio Alvarez as Chief Information Officer. The restructured executive team will enhance operational efficiency and strategic focus across Betterware and Jafra. The company aims to leverage its innovative product offerings and distribution capabilities to strengthen its market position.

Betterware de México (BWMX) achieved Fitwel® certification for its distribution center in Guadalajara, emphasizing its commitment to employee well-being through health-focused design. The company also received an award for its BWMX 21X and BWMX 21-2X bonds, recognized as the First Corporate Sustainable Bonds of a consumer goods company in Mexico, awarded by the Green Finance Advisory Council. This underlines Betterware's focus on sustainability and operational excellence.

Betterware de México, S.A.P.I. de C.V. (Nasdaq: BWMX) will release its fourth quarter and fiscal year 2021 results after market close on February 10, 2022. A conference call is scheduled for February 11, 2022, at 9:00 a.m. ET to discuss the results. The company is a leading direct-to-consumer firm in Mexico, specializing in household products aimed at improving organization and practicality. Betterware has achieved sustainable growth through a strategic model focused on product innovation and market expansion.

Betterware de Mexico (NASDAQ: BWMX) announced its acquisition of JAFRA's operations in Mexico and the US from Vorwerk Group for US$255 million. The acquisition implies a valuation multiple of ~5.5x 2022E EBITDA, with expected cost synergies of US$5mm to US$10mm. It is anticipated to add approximately US$0.34/share to EPS in 2022E, translating to a ~15% accretion. Betterware plans to fund the deal with US$225mm in debt and US$30mm in cash, maintaining a low leverage ratio of ~1.4x, allowing continued investment and a quarterly dividend of Ps. 9.38 per share.

Betterware de Mexico (NASDAQ: BWMX) announced its Q3 2021 financial results, reporting revenues of Ps. 2,361.5 million, marking a 4% increase compared to Q3 2020. Gross profit rose by 7% to Ps. 1,328.5 million, a gross margin of 56.3%. EBITDA was Ps. 708.4 million, a slight decrease of 3% year-over-year. For the first nine months of 2021, net revenues surged 69%, with an adjusted EPS of Ps. 33.99. The company anticipates continued external headwinds into Q4 but aims for increased household penetration by 2025. A quarterly dividend of Ps. 1,400 million was proposed for shareholder distribution.

Betterware de México (Nasdaq:BWMX) will release its third quarter fiscal year 2021 results on October 28, 2021, after market close. A conference call will be held on October 29, 2021, at 9:00 a.m. ET to discuss these results. The company, founded in 1995, is a leading direct-to-consumer provider of household solutions in Mexico, emphasizing home organization. Their strategic business model includes product innovation and technology, contributing to sustainable growth. A replay of the call will be available until November 12, 2021.

Betterware de Mexico announced its participation in the upcoming Shareholder Equity Conference on September 27, 2021, at 12:00 p.m. ET. The event, designed for retail investors, will feature a fireside chat format, accessible through a live webcast. Betterware, recognized for its rapid growth, has achieved a CAGR of 57% over the last five years, focused on home organization products. The company's innovative strategies and strong distribution network contribute to its sustained market success.