Betterware de México, S.A.B. de C.V. Announces First Quarter Fiscal Year 2021 Earnings Release Date, Conference Call and Webcast

Rhea-AI Summary

Betterware de México (Nasdaq: BWMX) has announced its first-quarter fiscal year 2021 earnings release scheduled for May 6, 2021, after market close. A conference call to discuss the results will take place on May 7, 2021, at 9:00 a.m. ET. Betterware has demonstrated a strong revenue growth trajectory with a 57% CAGR over the past five years. With a well-established infrastructure and a focus on product innovation, the company aims to enhance its market presence in the home organization and solutions market.

Positive

• 57% CAGR in revenue growth over the last 5 years.
• Strong product innovation and market penetration strategy.

Negative

• None.

GUADALAJARA and JALISCO, Mexico, April 22, 2021 /PRNewswire/ -- Betterware de México, S.A.B. de C.V. (Nasdaq: BWMX) ("Betterware" or the "Company"), today announced that the Company will release its first quarter fiscal year 2021 results after the U.S. stock market closes on Thursday, May 6, 2021. The Company will also hold a conference call to discuss results at 9:00 a.m. (Eastern Time) on Friday, May 7, 2021.

The U.S. toll free dial-in for the conference call is 1-877-451-6152 and the international dial-in number is 1-201-389-0879. A live webcast of the conference call will also be available on the investor relations page of the company's website at ri.betterware.com.mx.  A replay of the webcast will be available until August 7, 2021.

For those unable to participate in the conference call, a replay will be available after the conclusion of the call on May 7, 2021 through May 21, 2021. The U.S. toll-free replay dial-in number is 1-844-512-2921 and the international replay dial-in number is 1-412-317-6671. The replay passcode is 13718873.

About Betterware de México, S.A.B. de C.V.

Founded in 1995, Betterware de Mexico is a leading direct-to-consumer selling company in Mexico.  The Company has delivered consistent revenue growth as evidenced by its compound annual growth rate ("CAGR") of 25% from 2003-2020 with even stronger revenue growth in the last 5 years, which has accelerated to a CAGR of 57%. Focused on the home organization and solutions segment, Betterware's wide product portfolio includes home organization, kitchen, commuting, laundry and cleaning, as well as other categories.

Supported by its three strategic pillars, Product Innovation, Business Intelligence and Technology, Betterware has been able to achieve sustainable double-digit growth rates by successfully expanding its market penetration.

Its state-of-the-art infrastructure allows it to safely and timely deliver its products to every part of the country, backed by the strategic location of its distribution center.

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SOURCE Betterware de México, S.A.B. de C.V.