Welcome to our dedicated page for Betterware Mex news (Ticker: BWMX), a resource for investors and traders seeking the latest updates and insights on Betterware Mex stock.
Betterware Mex (BWMX) delivers innovative home organization solutions and beauty products through its direct-to-consumer model. This news hub provides investors and market observers with essential updates about the company's operational developments and market position.
Access real-time information about earnings announcements, product innovations, and corporate milestones. Our curated collection features official press releases and verified news covering both business segments: Betterware's household solutions and JAFRA's beauty offerings.
Key updates include financial performance reports, strategic partnerships, leadership changes, and expansion initiatives. The resource serves as a reliable reference for tracking the company's progress in Mexico and its growing U.S. presence.
Bookmark this page for streamlined access to BWMX's latest developments. Check regularly for updates on product launches, distributor network growth, and operational strategies that drive this Nasdaq-listed company's success.
BeFra (NYSE:BWMX) reported challenging Q1 2025 results amid macroeconomic headwinds. Net revenue decreased 2.9% year-over-year to MXN 3.5 billion, with Betterware Mexico revenue down 9.8% while Jafra Mexico posted a 1.1% increase.
Key financial metrics showed significant pressure:
- EBITDA declined 29.1% to MXN 535.3 million
- Net income fell 48.7% to MXN 151.4 million
- Gross margin contracted 353 basis points to 66.2%
- Free cash flow turned negative at MXN -55.8 million
The company faced challenges including peso depreciation, reduced consumer spending, and a declining sales force base. Despite near-term headwinds, management maintained its 2025 guidance of 6-9% growth in revenue and EBITDA. The company announced a proposed Q1 dividend of MXN 200 million, pending shareholder approval.
Betterware de México (NYSE: BWMX) has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 results after the U.S. market close on Thursday, April 24, 2025, followed by a conference call at 5:30 p.m. Eastern Time on the same day.
Investors can access the conference call through U.S. toll-free number (1-877-451-6152) or international dial-in (1-201-389-0879) using passcode 13753063. A live webcast will be available on the company's investor relations website. A replay will be accessible from April 24 through May 08, 2025, via U.S. toll-free (1-844-512-2921) or international numbers (1-412-317-6671).
Betterware de México (NYSE:BWMX) has announced plans to distribute a dividend of MX $250 million, subject to shareholder approval at the meeting scheduled for March 7, 2025. The dividend represents approximately US $0.3212 per share before tax withholdings and US $0.2891 per share after tax withholdings. If approved, shareholders of record as of March 18, 2025, will receive the dividend payment on March 25, 2025.
Betterware de México (NYSE: BWMX) has appointed Rodrigo Muñoz as its new Chief Financial Officer, effective immediately. Muñoz brings over 20 years of experience in finance across retail, services, telecommunications, and banking sectors.
Muñoz joins BeFra from Grupo Devlyn, where he served as CFO for 4 years. His previous roles include Regional CFO (Mexico) at Alsea and various financial positions at Grupo Televisa. He holds an MBA in Finance from IPADE Business School and a B.A. in Finance from Universidad Tecnológica de México.
The appointment aligns with BeFra's strategic focus on financial discipline and capital structure optimization to enhance profitability. Both CEO Andres Campos and Chairman Luis Campos expressed confidence in Muñoz's ability to lead the company's finance function and contribute to long-term shareholder value.
BeFra (NYSE:BWMX) reported Q4 2024 financial results, achieving 11.1% revenue growth driven by Jafra Mexico's 22.2% increase and Betterware Mexico's 1.5% growth. Full-year revenue rose 8.4%, with EBITDA growing 2.0% to $2,775M.
Q4 gross margin improved by 116 bps, with Betterware Mexico expanding 675 bps. However, Q4 adjusted EBITDA declined 5.8% due to Jafra Mexico's 17.3% EBITDA drop, partially offset by Betterware Mexico's 31.8% EBITDA growth.
Key financial metrics include:
- Net Debt-to-EBITDA: 1.76x (down from 1.83x in Q4 2023)
- Free cash flow: ~69% of EBITDA
- Proposed Q4 dividend: $250M Pesos
The company announced a restatement of financial statements due to cost classification issues in Jafra Mexico, though this had no effect on net revenues, EBITDA, or net income. Management expects mid-to-high single-digit growth in both net revenue and EBITDA for 2025.
Betterware de México (NYSE:BWMX) has scheduled its fourth quarter 2024 earnings release and conference call. The company will release its financial results after the U.S. market close on Thursday, February 27, 2025. A conference call to discuss the results will be held at 5:30 p.m. Eastern Time on the same day.
Investors can access the conference call through U.S. toll-free number 1-877-451-6152 or international number 1-201-389-0879, using passcode 13751208. A live webcast will be available on the company's investor relations website. A replay of the call will be accessible from February 27, 2024, through March 13, 2025, using U.S. toll-free number 1-844-512-2921 or international number 1-412-317-6671.
Betterware de México (NYSE:BWMX) has announced the approval of a dividend payment totaling MX $250 million. The dividend represents approximately US $0.3378 per share before tax withholdings and US $0.3041 per share after tax withholdings. Shareholders of record as of November 8, 2024 will receive the dividend payment on November 15, 2024.
BeFra (NYSE:BWMX) reported strong Q3 2024 results with net revenue growing 6.6% year-over-year to 3.33B pesos. Adjusted EBITDA increased 11.7% to 591.6M pesos, while adjusted net income decreased 8.4% to 180.5M pesos. The company saw growth across all business units, with Betterware Mexico achieving its fourth consecutive quarter of growth and Jafra Mexico delivering exceptional 9.2% growth.
Free Cash Flow increased 41.9% to 417.4M pesos, driven by efficient working capital management. The company's Net Debt to EBITDA ratio improved to 1.76x from 2.08x year-over-year. A quarterly dividend of 250M pesos was proposed, pending approval.
Betterware de México (NYSE:BWMX), also known as BeFra, has announced its upcoming third quarter 2024 earnings release and conference call details. The company will report its Q3 2024 results after the U.S. market close on Thursday, October 24, 2024. A conference call to discuss the results is scheduled for 5:30 p.m. Eastern Time on the same day.
Interested parties can access the call via the following methods:
- U.S. toll-free dial-in: 1-877-451-6152
- International dial-in: 1-201-389-0879
- Live webcast: Available on the company's investor relations website
The passcode for the call is 13749450. A replay will be available from October 24 through November 07, 2024, accessible via U.S. toll-free (1-844-512-2921) and international (1-412-317-6671) numbers, using the same passcode.
Betterware de México (NYSE: BWMX) has appointed Olga Botero as an Independent Director to its Board, effective October 17, 2024. This appointment brings the total number of Board members to twelve, with nine being Independent Directors. Ms. Botero brings over 20 years of experience in digital technology, cybersecurity, and risk management across various industries.
Ms. Botero is the founder and Chair of SECCURI, and founder and CEO of C&S Customers and strategy. She currently serves on several boards, including ALTIPAL, Grupo Coppel, and Evertec Inc. Her educational background includes degrees in computer science, finance, and e-business, as well as various management programs from prestigious institutions.
