# BBB Foods Inc. (TBBB)

> Source: Nexqual · https://nexqual.com/TBBB · data as of 2026-10-23 15:51 UTC · cite as "Nexqual, BBB Foods Inc. (TBBB), nexqual.com/TBBB" · informational, not investment advice.

**Price:** USD 58.08 (+0.82% today) · US market open, as of October 23, 2026 at 15:51 UTC; quotes may be delayed. Prev close 57.6 · day 57–58.75 · 52w 25.84–59.6 · market cap $7.00B · NYQ

## Key facts
- 1 of 80 tracked superinvestors hold TBBB (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $774K; 2 not under a Rule 10b5-1 plan ($774K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.77 on a 1–5 scale) (13 analysts), mean target USD 58.43 (range 44.55–68.16).
- Total return with dividends: 1Y +100.3% vs S&P 500 +14.7%; 5Y +204.9% vs S&P 500 +77.4%.
- Next earnings: 2026-11-02, EPS estimate USD -1.96, revenue estimate $27.8B.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold TBBB. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $3.8M | Unchanged |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-09 | Reich Sapire Rose Nicole Dominique | Director | 7,623 | $389K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-02 | Reich Sapire Rose Nicole Dominique | Director | 7,623 | $385K | 50% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 1.77 on a 1–5 scale), 13 analysts; mean target USD 58.43 (low 44.55, high 68.16).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | UBS | Target raised | Buy | $58 → $69 |
| 2026-09-10 | JP Morgan | Target raised | Overweight | $48 → $67 |
| 2026-08-28 | UBS | Target raised | Buy | $51 → $58 |
| 2026-08-04 | UBS | Upgrade | Neutral → Buy | $43 → $51 |
| 2026-07-31 | Citigroup | Initiated | Buy | $49 |
| 2026-07-16 | JP Morgan | Target raised | Overweight | $46 → $48 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2024-02-05) |
|---|---|---|
| Total return | +100.3% | +204.9% |
| S&P 500 (SPY) | +14.7% | +77.4% |
| Per year | +100.3% | +50.8% |
| Volatility (annualized) | 43.7% | 40.6% |
| Max drawdown | -18.7% (Feb 2026→Mar 2026) | -28.3% (Oct 2024→Jul 2025) |

## Peers (Discount Stores)
OLLI (Ollie's Bargain Outlet Holdings) USD 87.52 -5.52% · PSMT (PriceSmart, Inc.) USD 167.59 -2.33% · BJ (BJ's Wholesale Club Holdings, I) USD 106.15 -0.45% · DLTR (Dollar Tree, Inc.) USD 123.98 -5.39% · DG (Dollar General Corporation) USD 132.2 -4.97% · TGT (Target Corporation) USD 153.51 -2.91%

## More
Full page: https://nexqual.com/TBBB · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in TBBB's own 20-F filed 2026-04-02 (https://www.sec.gov/Archives/edgar/data/1978954/000119312526140232/tbbb-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | HSBC Mexico | "Similary, on June 2, 2023, we and HSBC Mexico, S.A. ("HSBC") entered into a reverse factoring transaction (the "HSBC Supplier Finance Agreement") and a credit facility (the "HSBC Credit Line" and, together with the HSBC …" |
| Supplier | Banco Santander Mexico | "We have entered into a reverse factoring arrangement with Banco Santander Mexico, S.A. ("Santander") pursuant to which a participating supplier receives the original invoice amount discounted at an agreed rate, and we pa…" |
| Partner | Companies and | "With effect from January 1, 2019, the Economic Substance (Companies and Limited Partnerships) Act, 2018 (as amended, the "ESA") came into force in the British Virgin Islands introducing certain economic substance require…" |
| Competitor | Walmart (WMT) | "We compete with hard discount stores such as Bodega Aurrera Express, Tiendas Neto and Tiendas BARA, discount formats of large retailers such as Bodega Aurrera, Walmart-Express, Súper Ché, Soriana Mercado, among others, a…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-1.96 | $-2.35 | -16.7% | $27.79B | 5 |
| Next quarter (ends 2026-12-31) | $-1.80 | $-1.80 | +0.0% | $30.02B | 3 |
| Current fiscal year (ends 2026-12-31) | $-10.29 | $-10.27 | +0.2% | $106.07B | 6 |
| Next fiscal year (ends 2027-12-31) | $2.14 | $-2.12 | -201.0% | $138.78B | 5 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-02): ±10.7%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 44.4% | ±10.7% |
| 2026-12-18 | 56 | 40.3% | ±13.4% |
| 2027-02-19 | 119 | 38.6% | ±18.1% |
| 2027-05-21 | 210 | 40.6% | ±25.1% |