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BWMX / Betterware de Mexico: Sales Decline Slowing, Turning The Corner?

Betterware de Mexico: Sales Decline Slowing, Turning The Corner?
Betterware de Mexico, a direct-to-consumer selling company of home and beauty products, has shown signs of a turnaround, with consolidated net revenue increasing by 74.9% in Q1'23. The company's core business, Betterware, is struggling post-Covid, while the recently acquired Jafra segment is expected to drive growth in the beauty and care products market. Despite the positive trend, BWMX faces numerous challenges, including a highly competitive market, integration risks with Jafra, inherent risks in the DTC business model, and country risks in Mexico. Read More
Posted: Jun 13 2023, 22:23
Author Name: Seeking Alpha
Views: 110710

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