Finance2 sources
BBB Foods Reports 40.3% Revenue Growth in Third Quarter
- BBB Foods reported a 40.3% increase in third-quarter revenue to about 28.4 billion Mexican pesos.
- Same-store sales increased by 20.5%, contributing significantly to the revenue growth.
- Shares of BBB Foods rose approximately 5% in after-hours trading following the announcement.
- The company is expanding its store count faster than the previous year, with older stores driving most of the growth.
- The growth in older stores is widening margins for the Mexican grocery discounter.