BBB Foods, Inc. Class A (TBBB) has released an update.
BBB Foods Inc., a prominent Mexican grocery discounter, reported substantial growth in its 2024 second quarter earnings, with total revenue surging by 27.5% and EBITDA increasing by 43.2% compared to the same period last year. The company successfully opened 121 new stores, contributing to a total of 2,503 stores, and achieved a notable 10.7% growth in Same Store Sales. This financial boost is attributed to strategic store expansions and improved operational efficiencies.
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