BofA Securities initiated coverage on BBB Foods with a new price target
$TBBB
Food Chains
Consumer Staples
BofA Securities initiated coverage of BBB Foods with a rating of Buy and set a new price target of $26.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/9/2024 | $33.00 | Hold | Jefferies |
| 8/23/2024 | $31.00 | Reduce → Hold | HSBC Securities |
| 4/9/2024 | $26.00 → $27.00 | Buy → Neutral | UBS |
| 3/12/2024 | $33.00 | Sector Outperform | Scotiabank |
| 3/6/2024 | $30.00 | Overweight | JP Morgan |
| 3/5/2024 | $26.00 | Buy | UBS |
| 3/5/2024 | $26.00 | Buy | BofA Securities |
| 3/5/2024 | $22.00 | Equal-Weight | Morgan Stanley |
BBB Foods Inc. ("Tiendas 3B" or the "Company") (NYSE:TBBB), a leading grocery hard discounter in Mexico, announced today its consolidated results for the second quarter of 2024 ("2Q24") ended June 30, 2024. The figures presented in this release are expressed in nominal Mexican Pesos (Ps.) and are prepared in accordance with International Financial Reporting Standards ("IFRS"), unless otherwise stated. HIGHLIGHTS Second QUARTER 2024 Opened 121 net new stores during 2Q24, reaching 2,503 stores as of June 30, 2024. Ps. 13,574 million total revenue for 2Q24. Revenue increased by 27.5% compared to the second quarter of 2023 ("2Q23"). Same Store Sales grew 10.7% compared to 2Q23.
BBB Foods Inc. (NYSE:TBBB) ("Tiendas 3B" or "the Company") will report its second quarter 2024 earnings on August 21, 2024, after market close. You are invited to join our quarterly conference call, which will be webcast on August 22, 2024, at 12:00 p.m. ET. Anthony Hatoum, Chairman and CEO, and Eduardo Pizzuto, CFO, will host the call and take questions on the results. Event: Tiendas 3B Second Quarter 2024 Results When: August 22, 2024, 12:00 p.m. ET Webinar /Dial In #: To join the webinar: https://us02web.zoom.us/webinar/register/WN_-ol6rO6RQgitwyjfZhhEDw To join via telephone: Dial one of the domestic or international numbers listed below. Enter the webinar ID (895 0423
BBB Foods Inc. ("Tiendas 3B" or the "Company") (NYSE:TBBB), a leading grocery hard discounter in Mexico, announced today its consolidated results for the first quarter of 2024 (1Q24) ended March 31, 2024. The figures presented in this release are expressed in nominal Mexican Pesos (Ps.) and are prepared in accordance with International Financial Reporting Standards ("IFRS"), unless otherwise stated. HIGHLIGHTS FIRST qUARTER 2024 Opened 94 net new stores during the quarter, reaching 2,382 stores as of March 31, 2024. Ps. 12,684 million total revenue for 1Q24. Revenue increased by 30.9% compared to 1Q23. Same Store Sales grew 14.8% compared to 1Q23. EBITDA reached Ps. 626
SCHEDULE 13G - BBB FOODS INC (0001978954) (Subject)
6-K - BBB FOODS INC (0001978954) (Filer)
6-K - BBB FOODS INC (0001978954) (Filer)
SC 13G - BBB FOODS INC (0001978954) (Subject)
SC 13G/A - BBB FOODS INC (0001978954) (Subject)
SC 13G - BBB FOODS INC (0001978954) (Subject)
Scotiabank analyst Hector Maya maintains BBB Foods (NYSE:TBBB) with a Sector Outperform and raises the price target from $33 to $36.
Stronger-than-expected quarterly results and upbeat revenue guidance from Nvidia Corp. sparked a renewed surge in tech stocks on Thursday, as traders continue to exhibit bullish sentiment toward the rapidly expanding AI industry. The chipmaker giant’s stock soared over 10% to $1,051 per share during midday trading in New York, boosting its market value by an astonishing $277 billion in a single session. The tech-heavy Nasdaq 100 reached 18,907 points in early trading, setting a new all-time high. Similarly, the S&P 500 hit a record high of 5,341 points before paring gains as other sectors lagged behind tech. The semiconductor sector clearly outperformed, with the VanEck Semiconducto
B of A Securities maintains BBB Foods (NYSE:TBBB) with a Buy and raises the price target from $26 to $31.
BBB Foods Inc. (NYSE:TBBB) ("Tiendas 3B" or "the Company") will report its second quarter 2024 earnings on August 21, 2024, after market close. You are invited to join our quarterly conference call, which will be webcast on August 22, 2024, at 12:00 p.m. ET. Anthony Hatoum, Chairman and CEO, and Eduardo Pizzuto, CFO, will host the call and take questions on the results. Event: Tiendas 3B Second Quarter 2024 Results When: August 22, 2024, 12:00 p.m. ET Webinar /Dial In #: To join the webinar: https://us02web.zoom.us/webinar/register/WN_-ol6rO6RQgitwyjfZhhEDw To join via telephone: Dial one of the domestic or international numbers listed below. Enter the webinar ID (895 0423
BBB Foods Inc. (NYSE:TBBB) ("Tiendas 3B" or "the Company") will report its first quarter 2024 earnings on May 22, 2024, after market close. You are invited to join our quarterly conference call, which will be webcast on May 23, 2024, at 11:00 a.m. ET. Anthony Hatoum, Chairman and CEO, and Eduardo Pizzuto, CFO, will host the call and take questions on the results. Event: Tiendas 3B First Quarter 2024 Results When: May 23, 2024, 11:00 a.m. ET Webinar /Dial In #: To join the webinar: https://us02web.zoom.us/webinar/register/WN_9ttcuecSQ8SHsP1N6sss-Q To join via telephone: Dial one of the domestic or international numbers listed below. Enter the webinar ID (891 0985 2249),
BBB Foods Inc. ("Tiendas 3B" or the "Company") (NYSE:TBBB), a leading grocery hard discounter in Mexico, announced today its consolidated results for the fourth quarter of 2023 (4Q23) and full fiscal year 2023 ended December 31, 2023. The figures presented in this release are expressed in nominal Mexican Pesos (Ps.) and are prepared in accordance with International Financial Reporting Standards ("IFRS"), unless otherwise stated. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240425812631/en/Median Sales per Store Vintage (Graphic: Business Wire) HIGHLIGHTS fOURTH qUARTER 2023 Opened 153 net new stores during the quarter, re
Jefferies initiated coverage of BBB Foods with a rating of Hold and set a new price target of $33.00
HSBC Securities upgraded BBB Foods from Reduce to Hold and set a new price target of $31.00
UBS downgraded BBB Foods from Buy to Neutral and set a new price target of $27.00 from $26.00 previously