Tiendas 3B Reports Strong Revenue Growth in Q1 2025

BBB Foods, Inc. Class A ( (TBBB) ) has released its Q1 earnings. Here is a breakdown of the information BBB Foods, Inc. Class A presented to its investors.

BBB Foods Inc., operating under the brand Tiendas 3B, is a prominent grocery hard discounter in Mexico, known for its rapid growth and commitment to offering quality products at affordable prices. In the first quarter of 2025, Tiendas 3B reported a robust financial performance with a 35.1% increase in total revenue, reaching Ps. 17,132 million. The company opened 117 new stores, bringing its total to 2,889 locations, and achieved a 13.5% growth in Same Store Sales, highlighting strong customer loyalty.

Key financial metrics for the quarter include an EBITDA of Ps. 705 million, marking a 12.7% increase from the previous year, despite higher administrative expenses. The company’s gross profit rose by 33.0% to Ps. 2,744 million, although the gross margin slightly decreased. Administrative and sales expenses increased due to store expansion and wage inflation, impacting the overall profitability.

Tiendas 3B’s strategic investments in technology, talent, and new distribution centers are set to support its ongoing expansion. The company also reported a net loss of Ps. 87 million, a significant improvement from the Ps. 231 million loss in the same period last year, driven by reduced financial costs and a foreign exchange gain.

Looking ahead, Tiendas 3B remains confident in its ability to deliver long-term value through disciplined execution and operational efficiencies, as it continues to expand its footprint and enhance its value proposition for customers, employees, and investors.