Grupo Bimbo (OTCMKTS:GRBMF – Get Free Report) is expected to be releasing its results after the market closes on Thursday, October 22nd. Analysts expect Grupo Bimbo to announce earnings of $0.0465 per share and revenue of $5.97 billion for the quarter.
Grupo Bimbo Price Performance
Shares of OTCMKTS:GRBMF opened at $2.93 on Wednesday. Grupo Bimbo has a 1-year low of $2.90 and a 1-year high of $4.00. The firm’s 50 day simple moving average is $3.24 and its two-hundred day simple moving average is $3.27.
About Grupo Bimbo
Grupo Bimbo, SAB. de C.V. is a Mexico-based multinational food company and one of the world’s largest baking companies. Founded in Mexico City in 1945, the company produces, distributes and sells packaged bakery and snack products through a broad portfolio of brands.
Its products include sliced bread, buns and rolls, tortillas, pastries, cakes, cookies, sweet baked goods, bagels, English muffins and savory snacks. Key brands include Bimbo, Marinela, Tía Rosa, Barcel, Takis, Sara Lee, Entenmann’s, Thomas’, Arnold and Oroweat, although product offerings vary by market.
Grupo Bimbo serves consumers across Mexico, the United States, Canada, Latin America, Europe, Asia and Africa.
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