Betterware de México Reports 43% Revenue Growth Driven by Tupperware Acquisition
Betterware de México (BWMX) reported strong third-quarter 2026 results, highlighted by a 43.1% year-over-year increase in consolidated revenue to MXN 4,832 million. The growth was primarily fueled by the integration of Tupperware, which expanded the company's sales network to nearly 1.5 million associates and improved performance in Brazil. In Mexico, direct selling revenue rose 23% year-over-year. Despite top-line success, the company faces margin pressure due to persistent spikes in ocean freight costs stemming from supply chain issues. Additionally, CEO Andres Campos has taken interim control of Jafra Mexico to address inconsistent growth and operational discipline. However, the company maintains a strong liquidity position with free cash flow reaching MXN 1,059 million, supporting dividends, debt reduction, and capital expenditures.
Tickers: $BWMX
Topics: acquisition direct selling earnings report revenue growth supply chain