Betterware Mex - BWMX STOCK NEWS

Betterware de México (Nasdaq: BWMX) has announced its first-quarter fiscal year 2021 earnings release scheduled for May 6, 2021, after market close. A conference call to discuss the results will take place on May 7, 2021, at 9:00 a.m. ET. Betterware has demonstrated a strong revenue growth trajectory with a 57% CAGR over the past five years. With a well-established infrastructure and a focus on product innovation, the company aims to enhance its market presence in the home organization and solutions market.

Betterware de México (NASDAQ: BWMX) has acquired 60% of GurúComm, a mobile virtual network operator (MVNO) and communications software developer, for an enterprise value of approximately $75 million pesos ($3.5 million USD). The acquisition is expected to enhance Betterware's offerings in the home technology solutions segment, leveraging its extensive distribution network of 1.3 million distributors. GurúComm will operate as Betterware Connect, aiming to disrupt the Mexican MVNO market and expand its revenue sources. The acquisition is not anticipated to materially affect fiscal year 2021 results.

Betterware de Mexico (NASDAQ:BWMX) reported strong financial results for Q4 and FY 2020. Q4 revenue reached Ps. $2,601 million, a 229% increase from Q4 2019, while total revenue for FY 2020 was Ps. $7,260 million, a 135% increase year-on-year. EBITDA for Q4 increased by 254% to Ps. $807 million, and annual EBITDA grew by 154% to Ps. $2,164 million. The company's EPS for Q4 was $1.49 and adjusted EPS was $18.64, marking a 448% rise. Betterware also expanded its distributor base by 187% and ended 2020 with Ps. $650 million in cash.

Betterware de México (BWMX) will release its fourth quarter fiscal year 2020 results after the U.S. market closes on February 18, 2021. A conference call is scheduled for February 19, 2021, at 9:00 a.m. ET to discuss these results. Investors can join via toll-free dial-in numbers or the company’s investor relations website for a live webcast. Betterware has demonstrated a strong CAGR of 20% from 2003-2019, focusing on home organization products and achieving sustainable growth.

Betterware de México has launched its largest marketing campaign to date on January 15, 2021, aimed at expanding its customer base in the home organization segment. The multi-platform campaign produced by Terán TBWA includes video ads, radio spots, and social media content, expected to reach 65 million consumers. CEO Andres Campos emphasizes the campaign showcases the brand's core values. Betterware, founded in 1995, maintains a robust network of nearly 59,000 distributors, achieving sustainable double-digit growth rates with its diverse product offerings.

Betterware de México (NASDAQ: BWMX) announced the launch of its largest marketing campaign on January 15, 2021, aimed at expanding its customer base in Mexico. Created by Terán TBWA, the campaign includes 60-second and 20-second video ads, radio spots, and social media content, showcasing practical home organization products. The campaign is expected to reach approximately 65 million consumers throughout 2021. Betterware, founded in 1995, operates with nearly 59,000 distributors and has achieved a CAGR of 20% from 2003 to 2019.

Betterware de México, S.A.B. de C.V. (Nasdaq: BWMX) announced its participation in the 23rd Annual ICR Conference on January 11, 2021, at 8:30 am Eastern Time. Executive Chairman Luis Campos and CEO Andres Campos will host the presentation. Investors can access the live presentation and replay through the Investor Relations page on the company’s website.

Founded in 1995, Betterware is a leading direct-to-consumer company in Mexico, specializing in home organization products with a CAGR of 20% from 2003-2019. The company boasts a robust infrastructure for timely product delivery and market penetration.

Betterware de México S.A.B. de C.V. (NASDAQ: BWMX), a leading direct-to-consumer company in Mexico, announced the merger with Promotora Forteza, S.A. de C.V. on December 16, 2020, to comply with the Mexican Banking and Securities Commission's request. This merger allows Forteza's 17 individual investors to hold an equivalent number of Betterware shares, totaling 12,033,786. Betterware continues its operations unaffected, leveraging its distribution model with nearly 59,000 distributors and 1.2 million associates, achieving double-digit growth rates.

Betterware de México (NASDAQ: BWMX) has launched a new web marketing site aimed at enhancing customer connectivity and sales. The platform, available since early December, allows direct access for consumers to its network of 58,600 distributors and 1.2 million associates.

Key features include flexible payment options, greater access to consumers, and increased customer lifetime value through data insights. CEO Andres Campos emphasized that this initiative supports their strategy of market penetration and geographic expansion.