financetom
Business
financetom
/
Business
/
BBB Foods Q1 Swings to Net Loss, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BBB Foods Q1 Swings to Net Loss, Revenue Increases
May 22, 2024 3:26 PM

05:55 PM EDT, 05/22/2024 (MT Newswires) -- BBB Foods ( TBBB ) reported a Q1 net loss of 230.9 million Mexican pesos ($13.9 million), swinging from a net income of 58.8 million pesos a year earlier.

The company did not disclose per-share figures.

Revenue for the quarter ended March 31 was 12.68 billion pesos, up from 9.69 billion pesos a year earlier.

Analysts polled by Capital IQ expected 12.39 billion pesos.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lockheed Martin Says Lunar Dawn Team Gets NASA Lunar Terrain Vehicle Contract
Lockheed Martin Says Lunar Dawn Team Gets NASA Lunar Terrain Vehicle Contract
Apr 3, 2024
05:04 PM EDT, 04/03/2024 (MT Newswires) -- Lockheed Martin ( LMT ) said late Wednesday NASA has awarded a Lunar Terrain Vehicle Services contract to the Lunar Dawn team, led by Lunar Outpost as the prime contractor along with principal partner Lockheed Martin ( LMT ) and teammates General Motors ( GM ) , Goodyear Tire & Rubber Company (...
Analysis-Peltz loses at Disney but his investors win; changes may still be ahead
Analysis-Peltz loses at Disney but his investors win; changes may still be ahead
Apr 3, 2024
NEW YORK (Reuters) - Billionaire investor Nelson Peltz lost but he also won. Hours after shareholders voted to keep the octogenarian hedge fund manager off the board at Walt Disney ( DIS ), ending the year's most expensive and closely watched board room fight, there are few signs the defeat will hurt him or his business. I don't think this...
NexLiving Communities Shareholders Approve Acquisition of Devcore Group Properties Portfolio
NexLiving Communities Shareholders Approve Acquisition of Devcore Group Properties Portfolio
Apr 3, 2024
05:00 PM EDT, 04/03/2024 (MT Newswires) -- NexLiving Communities ( NXLCF ) on Wednesday said shareholders voted to approve the company's acquisition of a portfolio of multi-family assets in eastern Ontario and Quebec consisting of 16 properties and 991 units from Devcore Group. The company said in January it would acquire the properties, nearly doubling the size of its portfolio,...
Alphabet's Google Extends Search Agreement With Opera
Alphabet's Google Extends Search Agreement With Opera
Apr 3, 2024
05:08 PM EDT, 04/03/2024 (MT Newswires) -- Alphabet's (GOOG) Google ( GOOG ) extended its search commercial agreement with Opera (OPRA) through 2025, Opera said Wednesday. Financial details of the agreement weren't provided. The original agreement was from 2022 to 2024, with an extension option. Price: 15.75, Change: +0.25, Percent Change: +1.61 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved