Gruma has seen strong margin performance in 2023, helped by very strong pricing, stable costs, and innovative new retail products in the U.S. market. 2024 will likely be a more challenging year for ...
Gruma faces near-term headwinds from weak consumer sentiment and market share losses in the U.S. and Mexico, limiting upside potential for 2025. Pricing actions and premium product focus may support ...
Mexico-based Gruma SAB de CV (GPAGF) (MEX:GRUMAB) is the largest manufacturer of tortillas in the world. The company gets over half of its revenues in the U.S. Gruma's products can be found at Walmart ...
MEXICO CITY (Reuters) -Tortilla-maker Gruma holds the power to fix higher prices in the corn flour market, Mexico's antitrust watchdog said in a preliminary decision on Monday, concluding that ...
MONTERRY, MEXICO — Steady growth in tortilla sales, product innovation and a stake in the “better-for-you” food category helped Gruma USA close a positive second quarter in fiscal 2023, in spite of ...
MONTERREY, MEXICO — Positive performance from the retail tortilla industry helped drive solid operating income and sales gains at Gruma USA in fiscal 2023. In the year ended Dec. 31, 2023, Gruma USA ...
MEXICO CITY, Jan 15 (Reuters) - Mexican tortilla maker Gruma's subsidiary Mission Foods Mexico will spend 1.5 billion pesos ($89 million) over the next six to eight years to build a production plant ...
In 2011, GRUMA will likely face various challenges. Thanks to the company’s preparation – much as in previous years – its strategic business approach will allow it to move forward with great success.
Like a day-old tortilla, a federal judge threw out the case accusing the tortilla king of monopolizing the industry. U.S. District Judge Kenneth Hoyt in Houston dismissed an antitrust lawsuit filed by ...
MEXICO CITY, Aug 26 (Reuters) – Mexican businessman Roberto Gonzalez Barrera, chairman emeritus of lender Banorte, died Saturday night in Houston, Texas, as a result of complications from pancreatic ...