The earnings call presented a mixed picture with strong revenue growth and cash position improvements, supported by an aggressive store expansion strategy. However, challenges such as declining traffic, increased operating expenses, and a reduced private label share reflect a cautious consumer environment and operational pressures.
Company Guidance
During the BIMAS.E.IS earnings call for Q3 2024, several key metrics and guidance points were discussed. The company reported inflation-adjusted quarterly net sales of TRY 126 billion, marking a 9% year-on-year growth, while EBITDA margins were 4.3% with inflation adjustments and 7.5% without. Net income stood at TRY 4.4 billion, with a 3.5% margin. The company opened 253 new stores, contributing to a total of 13,377 stores by the end of Q3. Capital expenditures were 3.5% of revenues, driven by real estate acquisitions and sustainability investments, totaling TRY 4.4 billion with inflation adjustments. The company's cash position increased significantly to nearly TRY 20 billion, up from TRY 9 billion in the previous quarter. Like-for-like sales grew by 50%, though traffic per store declined by 3% year-on-year. The company maintained its full-year guidance of 75% revenue growth, with expectations of continued margin improvements in the fourth quarter due to operating leverage. The competitive environment remains challenging, but BIM's market share increased by 10 basis points year-on-year in Q3.
Strong Revenue Growth
Quarterly net sales were TRY 126 billion, reflecting a 9% year-on-year growth in real terms, and 66% growth without inflation accounting.
Store Expansion
253 new stores opened in Q3, with 197 in Turkey and additional expansion in Morocco and Egypt, totaling 13,377 stores by the end of Q3.
Increased Net Cash Position
Net cash position jumped to almost TRY 20 billion in the third quarter, from TRY 9 billion in the previous quarter.
EBITDA Margin Stability
EBITDA margin without inflation accounting was 7.5% in Q3, with expectations to maintain margin guidance for the year.
BIM Birlesik Magazalar AS (BMBRF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BMBRF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 14, 2025
$11.40
$11.40
0.00%
May 08, 2025
$11.30
$11.30
0.00%
Mar 11, 2025
$14.45
$14.45
0.00%
Nov 11, 2024
$13.87
$13.97
+0.72%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BIM Birlesik Magazalar AS (BMBRF) report earnings?
BIM Birlesik Magazalar AS (BMBRF) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).
What is BIM Birlesik Magazalar AS (BMBRF) earnings time?
BIM Birlesik Magazalar AS (BMBRF) earnings time is at Nov 11, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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