EWW - BBB Foods: Sizing Up Mexico's Fastest Growing Grocery Retailer
2024-05-03 12:35:43 ET
Summary
- BBB Foods operates deep-discount grocery stores in Mexico under the 'Tiendas 3B' brand.
- The company has posted strong growth, with sales more than doubling over the past three years and accelerating earnings momentum.
- We are bullish on shares of BBB Foods.
BBB Foods Inc. ( TBBB ) operates a network of more than 2,300 grocery stores across Mexico, standing out through a "hard discount model". The company launched its NYSE IPO in February and while it may not be familiar to most investors, we believe the stock deserves a closer look....
BBB Foods: Sizing Up Mexico's Fastest Growing Grocery Retailer