Tiendas 3B's growth strategy leverages small format stores in underserved markets, focusing on cost-conscious consumers and operational efficiencies to drive expansion and margin growth. The company benefits from strong local supplier relationships and efficient inventory management, enabling competitive pricing and higher sales per square meter. Despite low margins typical of hard discount retailers, Tiendas 3B maintains competitive net margins and strong cash flows, supporting its aggressive expansion plans.
MEXICO CITY--(BUSINESS WIRE)--BBB Foods Inc. (“BBB Foods”, “we”, “us”, and “our”) (NYSE: TBBB) announced today the closing of an underwritten public offering of 21,000,000 Class A common shares which were sold by certain selling shareholders at a public offering price of $28.25 per Class A common share. The offering was made pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). In connection with the offering, the selling shareholders h.
BBB Foods Inc. (NYSE:TBBB ) Q3 2024 Results Conference Call November 26, 2024 11:00 AM ET Company Participants Anthony Hatoum - CEO Eduardo Pizzuto - CFO Conference Call Participants Jorge Izquierdo - BTG Pactual Andrew Ruben - Morgan Stanley Daniela Bretthauer - HSBC Operator Good morning everyone and welcome. My name is Leonor and I will be your conference operator.
BBB Foods Inc. (NYSE:TBBB ) Q2 2024 Earnings Conference Call August 22, 2024 12:00 PM ET Company Participants Anthony Hatoum - CEO Eduardo Pizzuto - CFO Conference Call Participants Andrew Ruben - Morgan Stanley Froylan Mendez - JPMorgan Gustavo Frattini - Bank of America Jorge Izquierdo - BTG Pactual Sergio Guerrero - RSH Family Office Madhu Kodali - Yaksha Capital Daniela Bretthauer - HSBC Operator Good morning, everyone. My name is Leonor and I will be your conference operator.
BBB Foods Inc. (NYSE:TBBB ) Q1 2024 Results Conference Call May 23, 2024 11:00 AM ET Company Participants Anthony Hatoum - Chief Executive Officer Eduardo Pizzuto - Chief Financial Officer Conference Call Participants Bob Ford - Bank of America Rodrigo Alcántara - UBS Joseph Giordano - JP Morgan Alvaro Garcia - BTG Aleksandar Nikolic - Morgan Stanley Hector Maya - Scotiabank Santiago Alvarez - ALIVE Ventures Operator Good morning, everyone. My name is Leonor, and I will be your conference operator.
MEXICO CITY--(BUSINESS WIRE)--BBB Foods Inc. (“Tiendas 3B” or the “Company”) (NYSE: TBBB), a leading grocery hard discounter in Mexico, announced today its consolidated results for the first quarter of 2024 (1Q24) ended March 31, 2024. The figures presented in this release are expressed in nominal Mexican Pesos (Ps.) and are prepared in accordance with International Financial Reporting Standards (“IFRS”), unless otherwise stated. HIGHLIGHTS FIRST qUARTER 2024 Opened 94 net new stores during the.
BBB Foods Inc. (NYSE: TBBB) will announce its first quarter 2024 earnings on May 22, 2024, after the market closes. A quarterly conference call will be held on May 23, 2024, at 11:00 a.m. ET, hosted by Anthony Hatoum, Chairman and CEO, and Eduardo Pizzuto, CFO. The event is titled Tiendas 3B First Quarter 2024 Results.
Tiendas 3B will release its fourth quarter and full year 2023 earnings on April 25, 2024, after the market closes. A conference call with Chairman and CEO Anthony Hatoum and CFO Eduardo Pizzuto will take place on April 26, 2024, at 10:30 a.m. ET to discuss the results.
Shares of Mexico's BBB Foods rose 11.4% on their debut on the New York Stock Exchange (NYSE) on Friday, giving the discount grocery retailer a valuation of $2.2 billion.
BBB Foods Inc. priced its initial public offering at the top of an increased price range for its trading debut on Friday, as Wall Street appeared poised to gobble up shares of the rapidly growing Mexican supermarket chain.