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Tesco becomes latest European large cap to trade on OTC markets in New York
Retail Times· 2026-01-05 16:02
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, announced that Tesco PLC (LSE: TSCO; OTCQX: TSCDY, TSCDF) has qualified to trade on its OTCQX® Best Market, giving US investors fully transparent access to one of the UK’s largest grocery retailers.Tesco’s debut reflects a broader shift among Europe’s most established companies towards OTCQX as the preferred way to deepen engagement with U.S. investors. In 2025 alone, leading issuers, in ...
OTC Markets Group Welcomes Tesco PLC to OTCQX - OTC Markets Gr (OTC:OTCM), Tesco (OTC:TSCDY)
Benzinga· 2026-01-02 12:00
NEW YORK, Jan. 02, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX:OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Tesco PLC (LSE: TSCO, OTCQX:TSCDY, TSCDF), a multinational grocery retailer, has qualified to trade on the OTCQX® Best Market. Tesco PLC upgraded to OTCQX from the Pink Limited™ Market.Tesco PLC begins trading today on OTCQX under the symbols "TSCDY" and "TSCDF." U.S. investors can find current financial disclosure and Real-Time ...
Metro: An Overlooked Grocery Dividend Aristocrat With 25 Years Of Growth
Seeking Alpha· 2025-10-04 08:27
Group 1 - Loblaw is a prominent name in the Canadian grocery retail sector, indicating its strong market presence and brand recognition [1] - The article highlights the importance of understanding the grocery retail landscape in Canada, with Loblaw being a key player [1] Group 2 - The author of the article is an equity analyst with a focus on the U.S. restaurant industry, covering various sectors including consumer discretionary and food & beverage [2] - The research firm led by the author employs advanced financial modeling and sector-specific KPIs to identify hidden value in public equities [2] - The author's background includes an MBA in Controllership and Accounting Forensics, along with specialized training in valuation and financial modeling [2]
BBB Foods(TBBB) - 2025 Q2 - Earnings Call Transcript
2025-08-12 17:00
Financial Data and Key Metrics Changes - Total revenues increased by 38.3% year over year, reaching 18,800,000,000 pesos [6][8] - Same store sales grew by 17.7%, compared to 10.7% in the same quarter last year [6][8] - EBITDA increased by 22.5% to 844,000,000 pesos, with a potential increase of 32% when excluding non-cash share-based payment expenses [6][14] - Cash flow from operating activities reached 1,900,000,000 pesos, a 56% increase compared to 2024 [7] Business Line Data and Key Metrics Changes - The company opened 142 net new stores in Q2, totaling 3,031 stores, with an acceleration in the store opening rate [5][6] - In the first half of the year, 259 stores were opened compared to 215 in the same period last year [7] - On a twelve-month basis, 528 stores were opened versus 460 in the previous twelve months [8] Market Data and Key Metrics Changes - The company continues to be one of the fastest-growing retailers in Mexico and possibly globally, with strong same store sales growth rates [8] - The growth in same store sales is attributed to improvements in the value proposition, leading to an increase in the number of tickets and items per ticket [9] Company Strategy and Development Direction - The company is focused on accelerating store openings and investing in new regions, with plans to open four new distribution centers in the second half of the year [5][6] - The management emphasizes a strategy of self-funding growth through increasing cash flows, aiming to maximize shareholder value [18] Management's Comments on Operating Environment and Future Outlook - Management remains cautiously optimistic about future same store sales growth, noting no signs of moderation [83] - The competitive landscape in Mexico remains stable, with no significant changes observed in the dynamics of the market [63][64] Other Important Information - The company has a significant negative working capital model, which generates substantial cash flow [16] - The increase in administrative expenses is partly due to non-cash share-based payment expenses related to the equity incentive plan [12] Q&A Session Summary Question: What do you attribute the acceleration in same store sales to? - Management attributes the acceleration to an improved value proposition, leading to increased traffic and ticket sizes [22] Question: How are the meat and produce pilots developing? - Management is cautiously optimistic but notes that these pilots are still at a test level and not yet impacting overall sales [25] Question: What are the implications of opening new regions? - New regions are opened next to existing ones to mitigate branding risks and ensure efficient logistics [33] Question: How is private label penetration evolving? - Private label penetration has increased significantly and is a key driver of same store sales growth [43] Question: What is the outlook for same store sales performance? - Management does not foresee a decrease in same store sales but cannot predict exact future percentages [83] Question: Are suppliers keeping up with expansion? - Suppliers are being managed long-term to ensure they can meet the demand as the company expands [92]