BBB Foods Stock Price, News & Analysis

BBB Foods (NYSE: TBBB) announces its upcoming third quarter 2024 earnings release scheduled for November 25, 2024, after market close. The company will host a conference call on November 26, 2024, at 11:00 a.m. ET, featuring Chairman and CEO Anthony Hatoum and CFO Eduardo Pizzuto. The earnings call will be accessible via webinar and telephone, with dial-in numbers provided for Mexico and the United States. An audio replay will be available on the company's investor website after the call.

Tiendas 3B (NYSE: TBBB), a leading Mexican grocery hard discounter, reported strong Q2 2024 results. Highlights include:

- 27.5% revenue growth to Ps. 13,574 million
- 10.7% same-store sales growth
- 43.2% EBITDA increase to Ps. 689 million
- 121 net new stores opened, reaching 2,503 total
- Gross profit margin improved by 60 bps to 16.7%
- Net profit of Ps. 331 million, up from Ps. 71 million in Q2 2023

The company's expansion continues with 215 new stores year-to-date and one new distribution center. Despite some challenges, Tiendas 3B maintains a strong financial position with Ps. 1,245 million in cash and equivalents, plus Ps. 2,774 million in USD short-term deposits.

BBB Foods Inc. (NYSE: TBBB), also known as Tiendas 3B, has announced its upcoming second quarter 2024 earnings release and conference call. The company will report its financial results on August 21, 2024, after market close. The earnings conference call is scheduled for August 22, 2024, at 12:00 p.m. ET.

Investors and analysts can join the webcast or dial in via telephone to participate. The call will be hosted by Anthony Hatoum, Chairman and CEO, and Eduardo Pizzuto, CFO, who will discuss the results and answer questions. An audio replay of the conference call will be available on the Tiendas 3B website after the event.

Tiendas 3B (NYSE: TBBB), a leading grocery hard discounter in Mexico, reported its 1Q24 financial results. Revenue grew by 30.9% to Ps. 12,684 million, driven by a 14.8% increase in Same Store Sales and the opening of 94 new stores. EBITDA surged by 57.9% to Ps. 626 million, despite IPO-related expenses. Gross profit reached Ps. 2,062 million, a 37.0% increase, with a gross margin improvement of 73 basis points to 16.3%. The company repaid Ps. 4,925 million in debt using IPO proceeds and ended the quarter with Ps. 4,293 million in cash. However, administrative expenses slightly increased, and a Ps. 231 million net loss was reported, mainly due to higher income tax expenses and a foreign exchange loss.

BBB Foods (NYSE: TBBB), also known as Tiendas 3B, will release its first quarter 2024 earnings on May 22, 2024, after market close. The company invites stakeholders to join a webcast conference call on May 23, 2024, at 11:00 a.m. ET, hosted by Chairman and CEO Anthony Hatoum and CFO Eduardo Pizzuto. The call will allow participants to ask questions regarding the quarterly results. To join the webcast, participants can register via a provided Zoom link or dial in using domestic or international numbers. An audio replay of the call will later be available on the Tiendas 3B website.

BBB Foods Inc., a leading grocery hard discounter in Mexico, announced the filing of its Annual Report on Form 20-F for the fiscal year 2023. The report includes audited financial statements and is available on the SEC and Tiendas 3B's website. Investors can request a printed copy.