GMKKY - Grupo Bimbo May Be Coming Out Of Hibernation As Improving Market Share Can Drive Better Margins And Stock Multiples
Grupo Bimbo’s (OTCPK:BMBOY) (BIMBOA.MX) mascot Osito may finally be coming out of hibernation, at least in the U.S., as recent market trends indicate that the company has regained some pretty meaningful share in the last couple of quarters. Whether that lasts, though, and allows the company to drive long-awaited margin leverage in North America is still a big question, and there’s still a lot of work for management to do to improve its Latin American business outside of Mexico, to say nothing of driving enough share growth and volume in