Tiendas 3B 1Q24 Earnings Release [Yahoo! Finance]
BBB Foods Inc. (TBBB)
Company Research
Source: Yahoo! Finance
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 quarter, reaching 2,382 stores as of March 31, 2024. Ps. 12,684 million total revenue for 1Q24. Revenue increased by 30.9% compared to 1Q23. Same Store Sales grew 14.8% compared to 1Q23. EBITDA reached Ps. 626 million, an increase of 57.9% compared to 1Q23. Without non-recurring, non-capitalized IPO-related expenses, EBITDA would have been Ps. 695 million in the quarter. MESSAGE FROM THE CHAIRMAN AND CEO "Dear Investors, Tiendas 3B started 2024 strongly, continuing the rapid sales and store growth and positive cash flow generation that has been the hallmark of the Company since its inception. Ove
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News
- BBB Foods Inc. (NYSE: TBBB) had its price target raised by analysts at Scotiabank from $33.00 to $36.00. They now have a "sector outperform" rating on the stock.MarketBeat
- BBB Foods Inc. (NYSE: TBBB) had its price target raised by analysts at Bank of America Co. from $26.00 to $31.00. They now have a "buy" rating on the stock.MarketBeat
- Tiendas 3B 1Q24 Earnings ReleaseBusiness Wire
- TBBB Invites You to Join Its First Quarter 2024 Earnings Conference Call [Yahoo! Finance]Yahoo! Finance
- TBBB Invites You to Join Its First Quarter 2024 Earnings Conference CallBusiness Wire
TBBB
Sec Filings
- 5/23/24 - Form 6-K
- 4/30/24 - Form 6-K
- 4/30/24 - Form 20-F
- TBBB's page on the SEC website