Analyst Anticipates EBITDA Improvement In Betterware's Q2 Results, Eyes Return To Growth In 2H23
Portfolio Pulse from Shivani Kumaresan
Telsey Advisory Group analyst has reiterated a Moderate Risk rating on Betterware De Mexico S.A.P.I. DE C.V. (NASDAQ:BWMX) with a price target of $16. The analyst expects Q2 sales growth of 1.3% Y/Y to MX$3.29 billion, driven by growth at Jafra of 14.4%, offset by a 12% decline at Betterware. The analyst also anticipates EBITDA improvement at Betterware and potential return to growth in 2H23. Updates on Betterware's US expansion, Jafra rebranding in Mexico, and progress on reducing Jafra USA EBITDA losses are also expected.

July 24, 2023 | 7:08 pm
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Betterware De Mexico S.A.P.I. DE C.V. (NASDAQ:BWMX) is expected to see Q2 sales growth and EBITDA improvement, according to an analyst from Telsey Advisory Group. The analyst also anticipates a return to growth in 2H23.
The analyst's positive outlook on Betterware's Q2 sales growth and EBITDA improvement, as well as the potential return to growth in 2H23, could boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100