BBB Foods (NYSE:TBBB) Full Year 2024 Results

Key Financial Results

• Revenue: Mex$57.4b (up 30% from FY 2023).
• Net income: Mex$334.4m (up from Mex$306.2m loss in FY 2023).
• Profit margin: 0.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: Mex$3.06 (up from Mex$10.92 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BBB Foods EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 47%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Consumer Retailing industry in the US.

The company's shares are down 5.1% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on BBB Foods' balance sheet.

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