Tiendas 3B Maintains Store-Opening Guidance Amid Strong Q3 Revenue Growth
Tiendas 3B (TBBB) reported robust third-quarter results, highlighted by a 40% increase in total revenue to MXN 28 billion. The company's expansion efforts remain steady, having opened 141 net new stores during the period to reach a total count of 3,765 locations. Management reaffirmed its annual guidance of opening between 590 and 630 new stores. Operational efficiency is a key focus for the company's long-term strategy, with leadership outlining plans for significant transportation optimization targeted for 2027. Strong organic growth was also evident, as same-store sales surged by 20.5% year-over-year, signaling high demand and effective market penetration.
Tickers: $TBBB
Topics: earnings report revenue growth same-store sales store expansion