BBB Foods Posts Net Profit of 23 Million Pesos as Store Sales Grow 20.5%
Key Facts
BBB Foods reported on November 2 results for the third quarter ended September 30, 2026, posting net profit of 23 million Mexican pesos, compared with a net loss of 1,424 million pesos in the same period a year earlier. The swing to profitability came as comparable-store sales grew 20.5%, compared with 17.9% in the third quarter of 2025. Revenue also rose to 28,445 million pesos, up 40.3% year over year from 20,279 million. The company said sales growth reflected improved performance at existing stores and a broader store base. The results mark a shift from a large net loss to a modest profit, alongside higher sales and revenue.
In its third-quarter letter, the CEO said, "Ongoing improvements to our value proposition, the growing value of the Tiendas 3B brand, and increased customer confidence drove strong comparable-store sales growth." These sales grew 20.5% during the quarter, exceeding the 17.9% rate recorded in the corresponding period of 2025. The company had reported growth of 20.0% in the second quarter of 2026, compared with 17.7% in the second quarter of 2025. In its second-quarter disclosure, it said most revenue growth came from stores operating for more than a year. In the third quarter, it attributed revenue growth to higher comparable-store sales and a 19.1% expansion of its store base.
Third-quarter revenue was 28,445 million pesos, compared with 20,279 million a year earlier, a 40.3% year-over-year increase. The company attributed the growth to higher comparable-store sales and a 19.1% expansion of its store base. It added 141 net stores during the quarter, bringing its network to 3,765 stores as of September 30, 2026. It also opened four distribution centers, taking the total to 25 at the end of September. Together, these figures reflect sales growth at existing locations as well as an increase in the number of stores and distribution centers serving the network.
At the operating-profit level, the company posted earnings before interest, taxes, depreciation and amortization of 1,327 million pesos, compared with a loss of 404 million in the third quarter of 2025. The measure was 1,877 million pesos excluding a non-cash, share-based compensation expense of 550 million. The company said administrative expenses fell 39.2% to 1,283 million pesos, attributing the entire decline to lower non-cash compensation expense. Administrative expenses as a share of revenue fell from 10.4% in the third quarter of 2025 to 4.5% in the third quarter of 2026. These measures show that excluding compensation raises reported earnings before interest, taxes, depreciation and amortization, while net profit remained 23 million pesos.
BBB Foods recorded net cash from operating activities of 7,051 million pesos in the first nine months of 2026, compared with 3,095 million in the same period of 2025, an increase of 127.8%. The company said operating cash flow funds its expansion. Meanwhile, third-quarter finance costs rose 45.7% to 528 million pesos, mainly because of higher interest on lease liabilities as stores, distribution centers and equipment expanded, the company said. It also recorded a foreign-exchange gain of 97 million pesos, which it said resulted from the dollar's rise against the peso and its positive effect on dollar-denominated liquidity. These items place stronger operating cash flows alongside higher financing costs and a currency gain that contributed to the quarter's result.
The company's stock closed at 56.6 dollars on October 30, 2026, before the results were announced on November 2; this was the latest closing price cited in EL7 data among the information available on the story. The company scheduled a call to discuss its third-quarter results for November 3, 2026, at 11 a.m. Eastern Time, corresponding to 10 a.m. Mexico City time. The call follows the announcement that net income had swung to a profit of 23 million pesos from a loss of 1,424 million a year earlier. It also comes as the company reported 40.3% annual revenue growth and added 141 net stores during the quarter. The company is scheduled to discuss the period's results at the time announced in its disclosure.