BBB Foods Inc - Class A

BBB Foods Inc., operating as Tiendas 3B, is a grocery hard discount retailer in Mexico. The company's name references the Mexican saying 'Bueno, Bonito y Barato' ('Good, Nice and Affordable'), reflecting its mission to offer high-quality products at bargain prices to budget-conscious consumers. Tiendas 3B operates over 3,600 stores across Mexico supported by 21 distribution centers, following a rapid expansion strategy. The company's business model features structurally negative working capital, high inventory turnover relative to supplier payment terms, and self-funded organic growth. It leases virtually all of its store and distribution center locations. The company reports in Mexican pesos under IFRS and is listed on the NYSE under the ticker TBBB. Its capital structure includes Class A (publicly traded), Class B (high-vote), and Class C common shares, with a fully diluted share count of approximately 162 million shares as of June 30, 2026. Updated Aug 12, 2026