Betterware De Mexico, S.A. De C.V (BWMX) has released an update.
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Betterware De Mexico reports a transformative Q1 in 2024 with robust growth, showcasing a 12% revenue increase for Betterware Mexico and an 11.3% rise for Jafra Mexico, the leading fragrance company in the country. The company has also made strides in its U.S. expansion with the launch of Betterware US, targeting the Hispanic market initially in Texas, and is preparing for a 2025 launch in Peru. Despite challenges, Betterware is confident in its growth trajectory, fueled by cost reductions, improved capital management, and new leadership.
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