Grupo Bimbo, S.A.B. de C.V. (GRBMF)
| Previous Close | 4.0500 |
| Open | 4.2500 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 4.2500 - 4.3400 |
| 52 Week Range | 3.8900 - 5.8000 |
| Volume | |
| Avg. Volume | 1,474 |
| Market Cap | 18.871B |
| Beta (5Y Monthly) | 0.21 |
| PE Ratio (TTM) | 11.94 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.06 (1.29%) |
| Ex-Dividend Date | May 10, 2024 |
| 1y Target Est | N/A |
- Insider Monkey
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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.
