TBBB

Total Revenue and Store Growth: BBB Foods Inc reported a 36.7% increase in total revenue to MXN20.3 billion, with same-store sales growing by 17.9% and the opening of 131 new stores, bringing the total to 3,162.

Cash Flow and Net Position: The company achieved a 30% increase in cash flow from operating activities, reaching MXN3 billion, and maintains a strong net cash position of approximately MXN1.1 billion.

EBITDA Performance: Despite reporting an EBITDA loss of MXN404 million, the figure improved by 43.6% to MXN1.2 billion when excluding noncash share-based payments, indicating operational improvements.

Operational Challenges and Future Outlook: The company faces challenges with operational leverage due to rapid store openings and margin volatility, but remains optimistic about growth and market presence, particularly in the perishables category.

BBB Foods Financial Performance: BBB Foods (TBBB) reported $1.09 billion in revenue for Q3 2025, a 38.8% year-over-year increase, but posted an EPS of -$0.66 compared to $0.10 a year ago, missing EPS estimates by 53.49%.

Revenue vs. Estimates: The reported revenue matched the Zacks Consensus Estimate, but the company experienced a slight revenue surprise of -0.29%, indicating challenges in meeting market expectations.

Market Trends in Data Demand: The growing demand for data is driving a new digital gold rush, with companies providing hardware for data centers poised for significant growth, similar to NVIDIA's trajectory.

Emerging Chipmaker Opportunity: An under-the-radar chipmaker is emerging as a key player in the semiconductor market, focusing on products not offered by major companies like NVIDIA, positioning itself for future growth.

Store Expansion and Revenue Growth: Tiendas 3B opened 131 new stores in Q3 2025, bringing the total to 3,162, and reported total revenues of Ps. 20,279 million, a 36.7% increase year-over-year, with same-store sales growing by 17.9%.

EBITDA Performance: The company reported an EBITDA loss of Ps. 404 million for Q3 2025, compared to a gain of Ps. 688 million in Q3 2024. However, excluding non-cash share-based payment expenses, EBITDA increased by 43.6% to Ps. 1,170 million.

Administrative Expenses Surge: Administrative expenses rose significantly by 326.5% to Ps. 2,109 million, largely due to increased staffing and non-cash share-based payment expenses, impacting overall profitability.

Net Loss and Financial Position: Tiendas 3B recorded a net loss of Ps. 1,424 million in Q3 2025, compared to a profit of Ps. 258 million in the same quarter of the previous year, while cash and cash equivalents stood at Ps. 1,113 million as of September 30, 2025.