BBB Foods (TBBB) Stock Overview
Through its subsidiaries, operates a chain of grocery retail stores in Mexico. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
TBBB Community Fair Values
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Analyst Price Targets
BBB Foods Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$51.35 |
| 52 Week High | US$52.22 |
| 52 Week Low | US$23.81 |
| Beta | 0.045 |
| 1 Month Change | 3.70% |
| 3 Month Change | 21.97% |
| 1 Year Change | 101.45% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 169.55% |
Recent News & Updates
Narrative Update • Sep 10
TBBB: Discount Model Execution And Earnings Leverage Will Shape Balanced Outlook
Analysts have raised their fair value estimate for BBB Foods from $46.32 to $51.69. They cite recent price target increases and research that highlights stronger same-store sales, a more profitable store base, and what they describe as an attractive growth profile.
Narrative Update • Aug 27
TBBB: Expansion Losses And Q2 Execution Risks Will Test Lofty Expectations
Analysts have raised their price targets on BBB Foods to a higher range of $48 to $51, pointing to stronger same store sales, a more profitable store base and what they view as an outstanding growth profile for the business. Analyst Commentary Recent research coverage on BBB Foods has highlighted a mix of optimism about the business model and awareness of the risks that could affect how the stock trades from here.Seeking Alpha • Aug 17
BBB Foods: Great Business But Lacks Margin Of Safety At Current Valuations
Summary Tiendas 3B delivered another exceptional quarter, with same-store sales up ~20% and revenue growth accelerating to 38.7% year-over-year. TBBB continues aggressive expansion, opening 155 new stores in Q2 and maintaining strong traffic despite low food inflation and broader retail weakness. Adjusted EBITDA grew 43.8% to ~6.1% margin, but share count dilution from SBC remains a concern, potentially reaching ~142 million shares by FY 2030. I maintain a 'Hold' rating; TBBB is a great business but lacks margin of safety at current valuations, even under bullish FY 2030 scenarios. Read the full article on Seeking AlphaRecent updates
Narrative Update • Sep 10
TBBB: Discount Model Execution And Earnings Leverage Will Shape Balanced Outlook
Analysts have raised their fair value estimate for BBB Foods from $46.32 to $51.69. They cite recent price target increases and research that highlights stronger same-store sales, a more profitable store base, and what they describe as an attractive growth profile.Narrative Update • Aug 27
TBBB: Expansion Losses And Q2 Execution Risks Will Test Lofty Expectations
Analysts have raised their price targets on BBB Foods to a higher range of $48 to $51, pointing to stronger same store sales, a more profitable store base and what they view as an outstanding growth profile for the business. Analyst Commentary Recent research coverage on BBB Foods has highlighted a mix of optimism about the business model and awareness of the risks that could affect how the stock trades from here.Seeking Alpha • Aug 17
BBB Foods: Great Business But Lacks Margin Of Safety At Current Valuations
Summary Tiendas 3B delivered another exceptional quarter, with same-store sales up ~20% and revenue growth accelerating to 38.7% year-over-year. TBBB continues aggressive expansion, opening 155 new stores in Q2 and maintaining strong traffic despite low food inflation and broader retail weakness. Adjusted EBITDA grew 43.8% to ~6.1% margin, but share count dilution from SBC remains a concern, potentially reaching ~142 million shares by FY 2030. I maintain a 'Hold' rating; TBBB is a great business but lacks margin of safety at current valuations, even under bullish FY 2030 scenarios. Read the full article on Seeking AlphaNarrative Update • Aug 13
TBBB: Discount Model And Earnings Leverage May Support Balanced Future Outlook
The analyst price target for BBB Foods has increased from $43.44 to $46.32 as analysts factor in higher estimated profit margins, a slightly higher discount rate, and updated expectations for revenue growth and future P/E multiples, supported by recent Buy ratings and higher Street targets in the $47 to $51 range. Analyst Commentary Recent research on BBB Foods has shifted more positive, with several firms lifting ratings and price targets.Narrative Update • Jul 29
TBBB: Future P/E Will Face Test From Q2 Execution Risks
The analyst fair value estimate for BBB Foods has shifted from $31.79 to $37.82, reflecting higher Street price targets around $47 to $48 as analysts highlight strong same store sales, potential market share gains in Mexico, and what they describe as structural growth drivers in a soft local retail market. Analyst Commentary Recent research on BBB Foods points to a mixed backdrop for the stock.Narrative Update • Jul 14
TBBB: Rich Future P E Will Likely Lag Strong Same Store Sales
Analysts have lifted their fair value estimate for BBB Foods from $30.20 to $31.79, reflecting updated assumptions on discount rates and future P/E, alongside recent price target increases tied to views of strong same-store-sales trends and potential market share gains in Mexico's low price segment. Analyst Commentary Recent research on BBB Foods centers on how its same store sales trends and positioning in Mexico's low price segment line up with current valuation.
Narrative Update • Jun 29
TBBB: Future Upside Will Rely On Structural Low-Price Market Share Gains
Analysts have nudged their fair value estimate for BBB Foods higher to $49.98 from $47.43, citing updated assumptions around a lower discount rate, slightly different revenue growth expectations, improved profit margin forecasts, and a reduced future P/E multiple. These changes are supported by recent research that highlights strong same-store sales and potential market share gains in the low-price segment.Narrative Update • Jun 15
TBBB: Store Expansion And Low Price Focus May Support Balanced Outlook
Analysts have nudged their price target for BBB Foods higher to $43.44 from $42.87, citing expectations for solid same store sales, potential market share gains in Mexico's low price segment, and slightly improved margin and P/E assumptions in their models. Analyst Commentary Recent research reports point to growing interest in BBB Foods as analysts refresh their views on the stock's growth profile, valuation, and execution risks.Narrative Update • Jun 01
TBBB: Future Store Expansion And Low Price Focus May Drive Rerating
The analyst price target for BBB Foods has increased from $39.99 to $42.87, as analysts highlight what they describe as structural growth potential, strong same store sales in a soft Mexican retail market, and additional room for market share gains in the low price segment. Analyst Commentary Bullish Takeaways Bullish analysts point to what they describe as structural growth potential in a soft Mexican retail market, which they see as a key support for long term revenue expansion and store productivity.Narrative Update • May 02
TBBB: Rich Future P E Will Likely Outweigh Recent Rating Upgrades
The analyst price target for BBB Foods has been raised by $2 to $42, with analysts pointing to updated assumptions around fair value, revenue growth, profit margin, and a revised future P/E as key drivers of the change. Analyst Commentary Recent Street research on BBB Foods has centered on reassessments of fair value, with targets clustered in the low US$40s and a mix of rating changes that highlight both interest in the name and lingering caution.Narrative Update • Apr 17
TBBB: Rating Upgrades Will Likely Fail To Offset Rich P E Multiple
Analysts lifted the fair value estimate for BBB Foods by about $2.77 per share to roughly $30.71, citing higher long term growth assumptions, a richer future P/E profile, and recent target hikes from firms that have moved their price targets toward the low $40s after the stock's 20% pullback. Analyst Commentary Recent Street research around BBB Foods has centered on how to reconcile the stock's pullback with higher published fair values and fresh target prices in the low US$40s.Narrative Update • Apr 03
TBBB: Future Sector Role Will Depend On Post Decline Execution Confidence
Analysts have trimmed the fair value estimate for BBB Foods by about $0.23 per share, while still supporting higher Street price targets around $42 to $43 after recent upgrades that leaned on valuation following the stock's 20% decline. Analyst Commentary Recent Street commentary on BBB Foods has shifted after the stock's 20% decline, with some price targets moving higher and ratings changing as analysts reassess the risk and reward profile.Narrative Update • Mar 20
TBBB: Future Upside Will Rely On Pullback Driven UBS P/E Support
Analysts have trimmed their fair value estimate for BBB Foods by about $1.34 to $47.43, reflecting slightly lower revenue growth and profit margin assumptions, even as some recent price target changes on the Street highlight differing views on the stock following its recent share price moves. Analyst Commentary Recent Street commentary around BBB Foods has turned more constructive, with several bullish analysts pointing to valuation and updated price targets after recent share price moves.Narrative Update • Mar 05
TBBB: Future Upside Will Rely On Refined Earnings And UBS P/E Assumptions
Narrative Update The updated analyst price target for BBB Foods moves to $48.77. Analysts cite refreshed fair value estimates, adjusted discount rate assumptions, and revised revenue growth and P/E inputs following recent rating changes and the UBS target hike to $43.Narrative Update • Feb 19
TBBB: Future Sector Role Will Depend On Sustaining High Multiple Execution
Analysts slightly lowered their average price target for BBB Foods to about $40.21 from roughly $40.30, reflecting a mix of views following a recent downgrade and upgrade, while keeping core assumptions such as revenue growth, profit margin and a high future P/E broadly unchanged. Analyst Commentary Recent research on BBB Foods reflects a split view, with one downgrade and one upgrade coming in close succession.Narrative Update • Feb 05
TBBB: Future Sector Role Will Depend On Delivering Higher Margin Execution
Analysts have raised their price target on BBB Foods to about US$40 from roughly US$35, citing updated assumptions around revenue growth, margins, and future P/E as the main factors behind the change. Analyst Commentary Recent research around BBB Foods focuses on how updated assumptions on revenue growth, margins, and future P/E may justify the higher price target, while also flagging a few areas where execution will need to keep pace with expectations.Narrative Update • Jan 22
TBBB: Future Upside Will Rely On Refined Earnings And P/E Expectations
Analysts have nudged their price target for BBB Foods higher from about US$46.46 to roughly US$47.89, citing slight adjustments to fair value estimates, discount rate, revenue growth, profit margin assumptions, and future P/E expectations. Valuation Changes Fair Value Estimate adjusted slightly from about US$46.46 to roughly US$47.89 per share.Analysis Article • Jan 20
We Think BBB Foods (NYSE:TBBB) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Narrative Update • Jan 08
TBBB: Future Upside Will Rely On Defensible Earnings And Sector Leadership
Narrative Update on BBB Foods Analysts have raised their price target on BBB Foods to US$39 from US$35.50, citing updated assumptions around revenue growth, profit margins, and a lower future P/E multiple as key drivers of the change. Analyst Commentary Recent research around BBB Foods points to a constructive tone, even as some sector level expectations are more cautious.Narrative Update • Dec 17
TBBB: Price Outlook Will Reward Defensible Earnings And Sector Leadership
Analysts have nudged their price target on BBB Foods higher, raising it by roughly $4 to around $39 per share, citing the stock's sector-leading position despite expectations for softer near term Mexican retail trends. Analyst Commentary JPMorgan recently lifted its price target on BBB Foods to $39 from $35.50 and reiterated an Overweight rating, underscoring the stock as its top pick within the Mexican retail sector.Narrative Update • Dec 03
TBBB: Future Sector Leadership Will Depend On Executing Store Expansion
Analysts have raised their price target on BBB Foods by $3.50 to $39.00, citing its status as a top retail sector pick despite expectations for softer near term trends. Analyst Commentary Bullish analysts highlight that the higher price target reflects confidence in BBB Foods' ability to execute on its growth strategy, even as near term sector trends soften.Seeking Alpha • Feb 28
BBB Foods: Hidden Gem In Hard-Discount Retail
Summary Tiendas 3B's growth strategy leverages small format stores in underserved markets, focusing on cost-conscious consumers and operational efficiencies to drive expansion and margin growth. The company benefits from strong local supplier relationships and efficient inventory management, enabling competitive pricing and higher sales per square meter. Despite low margins typical of hard discount retailers, Tiendas 3B maintains competitive net margins and strong cash flows, supporting its aggressive expansion plans. Key risks include high wage growth, potential tariffs with the U.S., and slower store openings, but the company's experienced leadership and strategic positioning mitigate these concerns. Read the full article on Seeking Alpha
New Narrative • Feb 09
Aggressive Expansion And Operational Efficiencies Will Shape Future Success
Aggressive store expansion and strong same-store sales growth indicate a strategic focus on boosting market presence and revenues.Seeking Alpha • Oct 24
BBB Foods Inc.: Buy The Growth
Summary The company just recently IPOed giving it fresh cash to continue its aggressive expansion. Management knows how to improve the bottom line with its improving profit margins. The company has low levels of debt making it well positioned for more growth and potential downside. Read the full article on Seeking AlphaSeeking Alpha • Jul 15
Tiendas BBB: Operates A Very Efficient Model That Enables Fast Growth
Summary TBBB has an efficient operating model allowing for 40% EBITDA growth. The Mexican hard discount retail market has the potential for 12,000 stores based on population size. TBBB's solid execution track record and profitability expansion support a positive outlook. Read the full article on Seeking AlphaSeeking Alpha • Jun 19
Argosy Investors - BBB Foods: What I Find Attractive About TBBB
Summary While a small position, it is worth explaining what I find attractive about Tiendas BBB. Tiendas BBB is a hard discounter a la Aldi or Lidl, retailers well-known in the United States. What allows the hard discounter model to thrive is the low number of stock-keeping units (SKUs), which results in higher sales per SKU. TBBB is capable of growing stores by 15% peryear in addition to growing same-store sales at 5-10% per year going forward. Read the full article on Seeking AlphaSeeking Alpha • May 03
BBB Foods: Sizing Up Mexico's Fastest Growing Grocery Retailer
Summary BBB Foods operates deep-discount grocery stores in Mexico under the 'Tiendas 3B' brand. The company has posted strong growth, with sales more than doubling over the past three years and accelerating earnings momentum. We are bullish on shares of BBB Foods. Read the full article on Seeking AlphaShareholder Returns
| TBBB | US Consumer Retailing | US Market | |
|---|---|---|---|
| 7D | 1.8% | 0.3% | 0.5% |
| 1Y | 101.5% | 2.3% | 12.0% |
Return vs Industry: TBBB exceeded the US Consumer Retailing industry which returned 2.3% over the past year.
Return vs Market: TBBB exceeded the US Market which returned 12% over the past year.
Price Volatility
| TBBB volatility | |
|---|---|
| TBBB Average Weekly Movement | 5.8% |
| Consumer Retailing Industry Average Movement | 5.6% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.2% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: TBBB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: TBBB's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 29,202 | Kamal Hatoum | tiendas3b.com |
BBB Foods Inc., through its subsidiaries, operates a chain of grocery retail stores in Mexico. The company provides spot products comprising food and non-food products, such as clothing, electronics, household goods, and others. It also provides branded and private label products.
BBB Foods Inc. Fundamentals Summary
| TBBB fundamental statistics | |
|---|---|
| Market cap | US$6.17b |
| Earnings (TTM) | -US$197.90m |
| Revenue (TTM) | US$5.29b |
1.2x
P/S Ratio-31.4x
P/E RatioIs TBBB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TBBB income statement (TTM) | |
|---|---|
| Revenue | Mex$91.15b |
| Cost of Revenue | Mex$76.23b |
| Gross Profit | Mex$14.92b |
| Other Expenses | Mex$18.33b |
| Earnings | -Mex$3.41b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -28.15 |
| Gross Margin | 16.37% |
| Net Profit Margin | -3.74% |
| Debt/Equity Ratio | 30.1% |
How did TBBB perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/18 23:27 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
BBB Foods Inc. is covered by 15 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Antonio Hernandez Velez Leija | Actinver Case de Bolsa, S.A. de C.V. |
| Robert Ford Aguilar | BofA Global Research |
| Álvaro García | BTG Pactual |