BBB Foods Inc.
Description
BBB Foods Inc., through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins. The company also provides branded, private label, and spot products. It serves low-to-middle income households through online channels. BBB Foods Inc. was incorporated in 2004 and is headquartered in Mexico City, Mexico.
About
CEO
Mr. Kamal Anthony Hatoum
Employees
21,924
Instrument type
Common Stock
Sector
Consumer Defensive
Industry
Discount Stores
MIC code
XNYS
Address
Río Danubio 51, Mexico City, 06500, Mexico
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Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 23, 2025 | — | — | — | — |
| Aug 21, 2025 | — | — | — | — |
| May 21, 2025 | — | — | — | — |
| Apr 25, 2025 | — | — | — | — |
| Nov 26, 2024 | 0.67 | 1.89 | 1.22 | 182.09% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 1 | — | 6 |
| Average estimate | — | 1.26 | — | 6.86 |
| Low estimate | — | 1.26 | — | 3.58 |
| High estimate | — | 1.26 | — | 10.01 |
| Last year EPS | — | — | — | 3.58 |
[stock_revenue_estimate]
Growth estimates
Current qtr
—
Next qtr. (Mar 2025)
—
Current year
—
Next year (Dec 2025)
91.540%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Sep 9, 2024 |
Jefferies
Alex Wright
|
Initiates | Hold | Announces $33 |
| Aug 23, 2024 |
HSBC
Daniela Bretthauer
|
Upgrade | Hold | Announces $31 |
| Aug 7, 2024 |
JP Morgan
Joseph Giordano
|
Maintains | Overweight | ▲ Raises $30 → $34 |
| May 31, 2024 |
Scotiabank
Hector Maya
|
Maintains | Sector Outperform | ▲ Raises $33 → $36 |
| May 23, 2024 |
B of A Securities
|
Maintains | Buy | ▲ Raises $26 → $31 |
| Apr 9, 2024 |
UBS
Rodrigo Alcantara
|
Downgrade | Neutral | ▲ Raises $26 → $27 |
| Mar 12, 2024 |
Scotiabank
Hector Maya
|
Initiates | Sector Outperform | Announces $33 |
| Mar 6, 2024 |
JP Morgan
Joseph Giordano
|
Initiates | Overweight | Announces $30 |
| Mar 5, 2024 |
UBS
Peter Richardson
|
Initiates | Buy | Announces $26 |
| Mar 5, 2024 |
Morgan Stanley
Andrew Ruben
|
Initiates | Equal-Weight | Announces $22 |
Income statement
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total reported revenue | 44.08B | 32.58B | 23.09B | 18.05B |
| Cost of revenue | 37.04B | 27.66B | 19.66B | 15.61B |
| Gross profit | 7.04B | 4.92B | 3.44B | 2.44B |
| Operating expense | ||||
| Research & development | — | — | — | — |
| Selling general and admin | 5.14B | 3.64B | 2.56B | 1.87B |
| Other operating expenses | 36.21M | -8.45M | -4.52M | -2.55M |
| Operating income | 793.86M | 520.27M | 394.05M | 181.42M |
| Non operating interest income | ||||
| Income | 16.64M | 11.69M | 7.38M | 7.11M |
| Expense | 1.44B | 1.17B | 1.00B | 826.85M |
| Other income expense | 522.03M | 264.93M | -122.37M | -128.04M |
| Pretax income | -100.91M | -363.75M | -724.86M | -766.36M |
| Tax provision | 205.25M | 201.36M | 91.81M | 3.31M |
| Net income | -306.15M | -565.11M | -816.67M | -769.67M |
| Basic EPS | -2.73 | -5.04 | -7.28 | -6.86 |
| Diluted EPS | -2.73 | -5.04 | -7.28 | -6.86 |
| Basic average shares | 2.32B | 2.27B | 2.27B | 2.27B |
| Diluted average shares | 2.32B | 2.27B | 2.27B | 2.27B |
| EBITDA | 1.91B | 1.33B | 932.20M | 611.03M |
| Net income from continuing op. | -100.91M | -363.75M | -724.86M | -766.36M |
| Minority interests | — | — | — | — |
| Preferred stock dividends | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 14.96B | 11.79B | 8.05B |
| Current assets | |||
| Cash | 1.20B | 976.21M | 619.76M |
| Cash equivalents | 108,000 | 8.42M | 380.28M |
| Cash and cash equivalents | 1.20B | 984.63M | 1.00B |
| Other short term investments | — | 8.77M | 380.28M |
| Accounts receivable | 11.02M | 19.89M | 3.57M |
| Other receivables | — | — | — |
| Inventory | 2.36B | 1.93B | 1.40B |
| Prepaid assets | 73.00M | 53.16M | 30.12M |
| Restricted cash | 25.23M | 344,000 | 1.46M |
| Assets held for sale | — | — | — |
| Hedging assets | — | — | — |
| Other current assets | — | — | — |
| Non current assets | |||
| Properties | 2.24B | 1.60B | 1.05B |
| Land and improvements | 871,000 | 871,000 | 871,000 |
| Machinery furniture equipment | 1.25B | 929.38M | 658.35M |
| Construction in progress | — | — | — |
| Leases | 3.20B | 2.11B | 1.29B |
| Accumulated depreciation | -1.77B | -1.26B | -961.87M |
| Goodwill | 6.77M | 8.24M | 7.83M |
| Investment properties | — | — | — |
| Financial assets | — | — | — |
| Intangible assets | — | — | — |
| Investments and advances | — | — | — |
| Other non current assets | 403.80M | 299.06M | 213.11M |
| Total liabilities | 19.60B | 16.51B | 12.50B |
| Current liabilities | |||
| Accounts payable | 7.45B | 5.66B | 4.16B |
| Accrued expenses | — | — | — |
| Short term debt | 1.28B | 908.54M | 657.43M |
| Deferred revenue | — | — | — |
| Tax payable | 2.33M | 73.30M | 94.00M |
| Pensions | — | — | — |
| Other current liabilities | — | — | — |
| Non current liabilities | |||
| Long term debt | 10.62B | 9.64B | 7.48B |
| Provision for risks and charges | — | — | — |
| Deferred liabilities | — | — | — |
| Derivative product liabilities | — | — | — |
| Other non current liabilities | — | — | — |
| Shareholders equity | |||
| Common stock | 471.28M | 471.28M | 471.28M |
| Retained earnings | -5.96B | -5.65B | -5.09B |
| Other shareholders equity | — | — | — |
| Total shareholders equity | -4.63B | -4.71B | -4.45B |
| Additional paid in capital | — | — | — |
| Treasury stock | — | — | — |
| Minority interest | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -100.91M | -363.75M | -724.86M | -766.36M |
| Depreciation | 1.09B | 785.05M | 530.15M | 422.50M |
| Deferred Taxes | — | — | — | — |
| Stock-Based Compensation | 384.57M | 303.79M | 142.12M | 19.70M |
| Other Non-Cash Items | 1.47B | 1.15B | 996.55M | 826.85M |
| Accounts Receivable | — | — | — | — |
| Accounts Payable | 1.74B | 1.50B | 831.39M | 607.26M |
| Other Assets & Liabilities | -484.93M | -674.84M | -517.64M | -156.27M |
| Operating Cash Flow | 4.09B | 2.70B | 1.26B | 953.67M |
| Investing Activities | ||||
| Capital Expenditures | -1.79B | -1.12B | -529.60M | -295.19M |
| Net Intangibles | -1.19M | -2.81M | -1.86M | -1.31M |
| Net Acquisitions | — | — | — | — |
| Purchase of Investments | — | — | — | — |
| Sale of Investments | — | — | — | — |
| Investing Cash Flow | -1.79B | -1.12B | -529.60M | -295.19M |
| Financing Activities | ||||
| Long-Term Debt Issuance | — | — | 149.41M | 163.21M |
| Long-Term Debt Payments | -1.29B | -1.19B | -804.33M | -587.41M |
| Other Financing Charges | -2.07B | -1.41B | -104.85M | — |
| Financing Cash Flow | -1.07B | -985.26M | -426.87M | -424.20M |
| Other Cash Details | ||||
| End Cash Position | 1.22B | 984.98M | 1.00B | 610.02M |
| Income Tax Paid | — | — | — | — |
| Interest Paid | — | — | — | — |
| Free Cash Flow | 1.34B | 990.65M | 832.28M | 784.37M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Smallcap World Fund | Sep 30, 2024 | 8,363,309 | 238.94M | 21.61% |
| Fidelity Emerging Markets Fund | Nov 30, 2024 | 2,101,370 | 60.04M | 5.43% |
| New World Fund, Inc. | Dec 31, 2024 | 758,893 | 21.68M | 1.96% |
| Financial Investors Tr-Grandeur Peak International Stalwarts Fd | Oct 31, 2024 | 594,769 | 16.99M | 1.54% |
| Emerging Markets Growth Fund | Sep 30, 2024 | 541,405 | 15.47M | 1.40% |
| American Funds Insurance Ser-Global Small Capitalization Fund | Sep 30, 2024 | 530,714 | 15.16M | 1.37% |
| Driehaus Emerging Markets Growth Fund | Sep 30, 2024 | 453,147 | 12.95M | 1.17% |
| John Hancock Emerging Markets Equity Fund | Nov 30, 2024 | 329,156 | 9.40M | 0.85% |
| Fidelity Growth Company Fund | Nov 30, 2024 | 285,434 | 8.15M | 0.74% |
| Fidelity Strategic Advisors Fidelity Emerging Markets Fund | Nov 30, 2024 | 263,400 | 7.53M | 0.68% |
Article
BBB Foods Inc. Announces Closing of Secondary Offering
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.
Business Wire
Neutral
Feb 7, 2025
Article
BBB Foods Inc. Announces Pricing of Secondary Offering
MEXICO CITY--(BUSINESS WIRE)--BBB Foods Inc. (“BBB Foods”, “we”, “us”, and “our”) (NYSE:TBBB) announced today the pricing of an underwritten public offering of 21,000,000 Class A common shares which are being offered by certain selling shareholders at a public offering price of $28.25 per Class A common share. The offering is being made pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). The offering is expected to close on or about F.
Business Wire
Neutral
Feb 6, 2025
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