Tiendas 3B Q4 Revenue Ps. 12,316M Up From Ps. 9,416M YoY, EBITDA Ps. 559M Up From Ps. 421M YoY
Portfolio Pulse from Benzinga Newsdesk
Tiendas 3B reported a significant increase in its Q4 revenue, reaching Ps. 12,316M, up 30.8% from Ps. 9,416M in the same quarter last year. EBITDA also rose to Ps. 559M from Ps. 421M YoY, marking a 32.9% increase. Gross profit and expenses both saw notable increases, indicating growth and higher operational costs.
April 26, 2024 | 6:51 am
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POSITIVE IMPACT
Tiendas 3B's Q4 earnings report shows substantial growth in revenue and EBITDA, indicating a positive performance trend.
The significant increase in both revenue and EBITDA for Tiendas 3B suggests a strong operational performance and financial health. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in TBBB's stock price, given the better-than-expected growth figures.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100