News

Reuters. FILE PHOTO: The logo of holding company Gruma, SAB de CV, engaged in corn and flour tortilla production across the world, is pictured at its headquarters in Monterrey, Mexico July 25, 2018.
Gruma’s U.S. prices have increased more than 50% relative to 2017-2019 levels, but EBITDA margin has moved from 16.2% in 2019 to 16.9% in 2020, 15.9% in 2021, and 14.5% in 2022.
If you want to keep buying corn, you're going to be on your own." And by the way, the only producers at this point of masa harina are GRUMA and the Mexican government. So this is really a direct ...
Gruma reported a 2% decline in revenue (in U.S. dollars) in the Mexican operations this quarter, with volume basically flat. Management blamed weather disruptions for some of the volume weakness ...
Barclays analyst Benjamin Theurer upgraded Gruma (GPAGF) to Overweight from Equal Weight. The firm told investors in a research note on Friday that low valuations driven by higher risk premiums ...
Gruma said operating margin at Gruma USA grew 220 basis points during the second quarter to 14.4% from 12.2%. Meanwhile, cost of sales as a percentage of net sales improved 120 basis points to ...
See the latest Gruma SAB de CV Class B stock price (GRUMAB:XMEX), related news, valuation, dividends and more to help you make your investing decisions.
Mission Taco Joint and Gruma Corp. in a joint notice filed Friday in U.S. District Court said they have agreed on terms to resolve their lawsuit. Up-and-coming business leaders celebrated at 40 ...
Gruma Corp. on Monday sued Mission Taco Joint in federal court in St. Louis, claiming that it's infringing on trademarks for Gruma's Mission brand of tortillas, chips and other products.
Operating income at Gruma USA in the third quarter totaled $124.7 million, up 15% from $89.2 million in the year-ago quarter. Net sales increased 25% to $826.2 million from $659.3 million.