BBB Foods, Inc. Class A ( (TBBB) ) has issued an update.
BBB Foods Inc., a prominent player in the food retail industry, experienced significant growth in 2024, with a revenue increase of approximately 30.3% compared to the previous year. The company reported the opening of 484 new stores, leading to a total of 2,772 stores by the end of 2024, marking a 21.1% increase in store count. Same Store Sales grew by 13.4%, supported by a rise in average ticket size and transaction numbers per store. Private label sales also saw a significant increase, accounting for 54% of total sales in 2024, up from 46.5% in 2023. However, BBB Foods incurred non-recurring expenses related to its IPO, which impacted the fourth quarter margins.
More about BBB Foods, Inc. Class A
YTD Price Performance: 4.59%
Average Trading Volume: 740,442
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.48B
See more insights into TBBB stock on TipRanks’ Stock Analysis page.