Welcome to our dedicated page for Betterware Mex news (Ticker: BWMX), a resource for investors and traders seeking the latest updates and insights on Betterware Mex stock.
Betterware de México, S.A.P.I. de C.V. (NYSE: BWMX), also known as BeFra, is a direct-to-consumer company in the electronic shopping and retail trade sector. Founded in 1995, it focuses on products that address household organization, practicality, space-saving and hygiene through its Betterware segment, and on beauty and personal care through its JAFRA segment. The company distributes its products in Mexico and the United States of America and highlights an asset-light, low fixed-cost structure.
This BWMX news page aggregates company announcements and market-facing communications so investors can follow how management describes the evolution of the business. Typical items include quarterly earnings releases furnished on Form 6-K, where BeFra reports consolidated net revenue, EBITDA, margins, free cash flow, leverage ratios and the performance of Betterware Mexico, JAFRA Mexico and JAFRA US. These releases often discuss macroeconomic conditions in Mexico and the U.S., consumer demand trends, and the behavior of the company’s Associate and Distributor bases.
Visitors will also find news about dividend declarations approved at shareholders’ meetings, including aggregate dividend amounts and per-share figures before and after tax withholdings, along with payment and record dates. Additional updates can cover guidance ranges for annual net revenue and EBITDA, international expansion initiatives for the Betterware brand in Latin America, and participation in investor conferences.
By reviewing the BWMX news feed, readers can see how Betterware de Mexico presents its strategy around its Betterware and JAFRA brands, its person-to-person sales model, and its focus on profitability, free cash flow generation and deleveraging. This page is useful for tracking the company’s own narrative about its operating environment, capital allocation, and progress on its long-term growth plans.
Betterware de México, S.A.B. de C.V. (Nasdaq:BWMX) will release its second quarter fiscal year 2021 results on August 5, 2021, after the U.S. market closes. A conference call is scheduled for 9:00 a.m. ET on August 6, 2021, accessible via dial-in or live webcast. Betterware, a leader in direct-to-consumer sales in Mexico, has demonstrated impressive growth with a CAGR of 57% over the last five years. The Company focuses on home organization solutions, supported by a robust infrastructure and strategic initiatives in Product Innovation, Business Intelligence, and Technology.
Betterware de México (Nasdaq: BWMX) announced participation in the Jefferies Social Selling Summit on May 26, 2021, at 2:30 PM ET, and will host meetings at Citi's Day of Direct Selling Conference on May 27, 2021. Led by Luis Campos and Andres Campos, the company showcased its significant growth, achieving a 25% CAGR from 2003-2020 and an accelerated 57% CAGR in the last five years. Betterware's extensive product range focuses on home solutions, supported by 66,500 distributors and a robust infrastructure for nationwide delivery.
Betterware de Mexico S.A.B. de C.V. (NASDAQ: BWMX) reported remarkable Q1 2021 results, achieving revenue of Ps. $2,901.7 million, a surge of 205% year-over-year. EBITDA rose to Ps. $923.1 million, reflecting a 287% increase, while net income reached Ps. $638.5 million, marking a 339% growth. The company introduced 50 new products and expanded its distributor network to 66.4 thousand, a 158% increase. Future guidance suggests net revenue between Ps. $10,100M to $11,100M for FY 2021, driven by strategic market penetration and geographic expansion.
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.