GMKKY News and Press, Gruma SAB de CV ADR From 01/03/20

If Grupo Bimbo ’s ( BMBOY ) ( BIMBOA.MX ) Osito, its white teddy bear mascot, were real, it would be pretty black and blue after the last couple of quarters. While Bimbo’s margin-improvement efforts in the U.S. do seem to be paying off, the company has seen a long run of market ...

Gruma ( OTC:GMKKY ) ( OTC:GPAGF ) ( GRUMAB.MX ) shares haven’t exactly been on a tear over the last six months or so, but the stock has at least outperformed the Mexican stock market as a whole and trailed the S&P 500 only modestly. This middling market performance comes despite r...

It took longer than investors wanted, but the last couple of quarters have finally shown the margin improvement investors have been waiting for in Grupo Bimbo ’s ( BMBOY ) U.S./Canadian operations. Unfortunately, top-line momentum has been fading in both Mexico and U.S./Canada, and man...

Mexico’s Gruma ( OTC:GMKKY ) may be defensive insofar as it is a leading food company and a leading player in tortillas and corn flour in the U.S., but “defensive” doesn’t mean immune to share price declines. Largely due to weaker results in the U.S. business, Gru...