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
Phone
52 55 4510 9999
Website
Chart Image
× Enlarged Chart
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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

2023202220212020
Operating Activities
Net Income-100.91M-363.75M-724.86M-766.36M
Depreciation1.09B785.05M530.15M422.50M
Deferred Taxes
Stock-Based Compensation384.57M303.79M142.12M19.70M
Other Non-Cash Items1.47B1.15B996.55M826.85M
Accounts Receivable
Accounts Payable1.74B1.50B831.39M607.26M
Other Assets & Liabilities-484.93M-674.84M-517.64M-156.27M
Operating Cash Flow4.09B2.70B1.26B953.67M
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 Issuance149.41M163.21M
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 Position1.22B984.98M1.00B610.02M
Income Tax Paid
Interest Paid
Free Cash Flow1.34B990.65M832.28M784.37M

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%
BBB Foods Inc. Announces Closing of Secondary Offering 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
BBB Foods Inc. Announces Pricing of Secondary Offering 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
MoneyShow's Best Investment Ideas For 2025: Part 9 Article
MoneyShow's Best Investment Ideas For 2025: Part 9
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with turnaround potential, along with some speculative plays and ETFs. Part 9 includes Ituran Location and Control, Lara Exploration, Imperial Oil, Avino Silver & Gold Mines, BBB Foods and Pfizer, among others.
Seeking Alpha Neutral
Feb 5, 2025
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