Betterware de México, S.A.P.I. de C.V. Announces Second Quarter Fiscal Year 2022 Earnings Release Date, Conference Call and Webcast

Rhea-AI Summary

Betterware de México, S.A.P.I. de C.V. (NASDAQ: BWMX) will announce its Q2 fiscal year 2022 results on July 28, 2022, after the market closes. A conference call will follow on July 29, 2022, at 9:00 a.m. ET to discuss earnings and the recent acquisition of JAFRA. This acquisition enhances Betterware's position in the Beauty and Personal Care sector, expanding its market reach into the U.S. The company emphasizes its asset-light model and has demonstrated strong profitability and double-digit revenue growth.

Positive

• Acquisition of JAFRA expands market presence in the U.S.
• Proven asset-light business model with low capital requirements.
• Strong profitability and double-digit revenue growth.

Negative

• None.

GUADALAJARA, Mexico, July 14, 2022 /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 second quarter fiscal year 2022 results after the U.S. stock market closes on Thursday, July 28, 2022. The Company will hold a conference call to discuss its results, inclusive of its recent acquisition of JAFRA at 9:00 a.m. (Eastern Time) on Friday, July 29, 2022.

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.

For those unable to participate in the conference call, a replay will be available after the conclusion of the call on July 29, 2022 through August 12, 2022. 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 13731394.

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 gained presence in the United States through JAFRA's portfolio of products.

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

FAQ

When will Betterware de México release its Q2 fiscal year 2022 results?

Betterware de México will release its Q2 fiscal year 2022 results on July 28, 2022.

What time is the conference call for Betterware de México's Q2 results?

The conference call for Betterware de México's Q2 results is scheduled for 9:00 a.m. ET on July 29, 2022.

What significant business action did Betterware take recently?

Betterware recently acquired JAFRA, enhancing its product offerings in the Beauty and Personal Care sector.

How can I listen to the Betterware de México conference call?

You can listen to the conference call via the investor relations page of Betterware's website or dial in using the provided numbers.