Betterware de México, S.A.P.I. de C.V. Announces First Quarter Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast

Rhea-AI Summary

Betterware de México (Nasdaq: BWMX) announced its first quarter fiscal year 2023 results will be released on April 27, 2023, after U.S. market close. A conference call to discuss these results will occur on April 28, 2023, at 9:00 a.m. Eastern Time. The company, a leading direct-to-consumer firm in Mexico, specializes in innovative household products and has expanded into the U.S. market following the acquisition of JAFRA on April 7, 2022. Betterware operates an asset-light business model and has a record of strong profitability and double-digit revenue growth. The company distributes products in Mexico, Guatemala, and the U.S.

Positive

• Strong profitability and double-digit revenue growth.
• Asset-light business model with low capital expenditure requirements.
• Expansion into the U.S. market post-JAFRA acquisition enhances market reach.

Negative

• None.

GUADALAJARA, Mexico , April 13, 2023 /PRNewswire/ -- Betterware de México, S.A.P.I. de C.V. (Nasdaq:BWMX) ("Betterware" or the "Company"), today announced that the Company will release its first quarter fiscal year 2023 results after the U.S. stock market closes on Thursday, April 27, 2023. The Company will hold a conference call to discuss its results at 9:00 a.m. (Eastern Time) on Friday, April 28, 2023.

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 www.investors.betterware.com.mx. The passcode is 13737895.

For those unable to participate in the conference call, a replay will be available after the conclusion of the call on April 28, 2023, through May 12, 2023. 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 13737895.

About Betterware de México, S.A.P.I. de C.V.

Founded in 1995, Betterware de Mexico is the leading direct-to-consumer company in Mexico focused on offering innovative products that solve specific needs regarding organization, practicality, space saving and hygiene within the household. With the acquisition of JAFRA on April 7, 2022, the Company now offers a leading brand of Direct Selling in the Beauty and Personal Care products industry in Mexico and the United States where it offers Fragrances, Color & Cosmetics, Skin Care and Toiletries. The combined company possesses an asset-light business model with low capital expenditure requirements and a track record of strong profitability, double digit rates of revenue growth and free cash flow generation. Today, the Company distributes its products in Mexico and Guatemala, and with its recent acquisition, it now has presence in the United States with JAFRA.

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SOURCE Betterware de México, S.A.P.I. de C.V.

FAQ

When will Betterware de México release its first quarter fiscal year 2023 earnings?

Betterware de México will release its first quarter fiscal year 2023 results on April 27, 2023, after U.S. market close.

What time is the Betterware de México conference call for earnings results?

The conference call to discuss the earnings results will take place at 9:00 a.m. Eastern Time on April 28, 2023.

What company announcement was made on April 13, 2023, regarding Betterware?

On April 13, 2023, Betterware de México announced the release date for its first quarter fiscal year 2023 earnings and the details for the conference call.

What markets does Betterware de México operate in?

Betterware de México operates in Mexico, Guatemala, and has recently expanded into the United States.