Grupo Bimbo, S.A.B. de C.V. (BIMBOA.MX)
| Previous Close | 72.50 |
| Open | 0.00 |
| Bid | 69.90 x 263600 |
| Ask | 70.36 x 342600 |
| Day's Range | 0.00 - 0.00 |
| 52 Week Range | |
| Volume | |
| Avg. Volume | 2,310,099 |
| Market Cap | 307.201B |
| Beta (5Y Monthly) | 0.21 |
| PE Ratio (TTM) | 11.61 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.94 (1.34%) |
| Ex-Dividend Date | May 10, 2024 |
| 1y Target Est | N/A |
- Insider Monkey
20 Biggest Snack Companies in the World
In this piece, we will look at 20 Biggest Snack Companies in the World. If you want to skip our analysis on the global snack food market, you can go directly to 5 Biggest Snack Companies in the World. So, the snack food market is on the up and up. It’s expected to go from […]
- Reuters
UPDATE 3-Mexican breadmaker Grupo Bimbo's profit plummets nearly 90%
Mexican breadmaker Grupo Bimbo's fourth-quarter net profit plummeted 89% compared to the same period in 2022, the company said in a filing on Monday, citing foreign exchange, higher costs and restructurings notably in North America. In a call with analysts, finance chief Diego Gaxiola said the company had suffered from negative foreign exchange effects due to the appreciation of the Mexican peso, and though margins should contract slightly in the first half of this year they should recover in the second half. Besides foreign exchange, Grupo Bimbo said it had been hit by higher North American labor costs, as well as restructurings including the closure of a bakery in Albuquerque.
- Reuters
Mexican breadmaker Bimbo issues $1.25 billion in bonds through U.S. subsidiary
Mexican breadmaker Bimbo said on Thursday its subsidiary Bimbo Bakeries USA had issued $1.25 billion in bonds. The U.S.-based subsidiary issued $800 million in senior notes maturing in 2036, and reopened 2029 notes originally issued in November to raise an additional $450 million, Bimbo said in a filing. Bimbo, which also makes snacks and sweets, said the funds would partly go to paying down debt, including on notes set to mature this year and amounts the U.S. subsidiary owes its parent company.
