BETTERWARE DE MEXICO, S.A.P.I. DE C.V

Betterware de México (BeFra) reported strong third-quarter 2026 results, with consolidated net revenue surging 43.1% year-over-year to $4,832 million MXN, boosted by Tupperware's first full-quarter contribution. EBITDA rose 39.6% to $1,008 million MXN, and net income increased 24.2% to $390 million MXN. Free cash flow saw a significant 91.3% YoY increase to $1,059 million MXN. The company raised its full-year revenue growth guidance to 24.0%-26.0% and expects a 19% EBITDA margin. While the Jafra brand experienced a revenue decline, BeFra is implementing strategic changes to improve performance. The company also announced its 27th consecutive quarterly dividend payment of MXN 250 million.

Betterware de México reported strong second-quarter 2026 financial results, with net revenue increasing 16.8% year-over-year to MXN 4,161.4 million and net income rising 20.6% to MXN 394.6 million. The results were significantly boosted by the successful incorporation of Tupperware's Latin American operations, which contributed 10.8% of consolidated revenue and nearly 16% of EBITDA despite only one month of inclusion. Both Betterware and Jafra brands also showed revenue growth, with Jafra's turnaround gaining traction. The company maintained a strong balance sheet with a net debt-to-EBITDA of 2.6x and updated its 2026 net revenue guidance to 18.0%-22.0%, reflecting the positive impact of the Tupperware acquisition. A quarterly dividend of MXN 250 million (US$0.36 per share) was approved.

Betterware de Mexico, S.A.P.I. de C.V. announced the First Call to a General Ordinary Shareholders’ Meeting, scheduled for July 20, 2026. The meeting's agenda includes proposals for the payment of dividends and the election, reelection, or removal of members of the Company’s Board of Directors. The filing also provides a free English translation of the meeting agenda and a form of Power of Attorney for shareholder representation.

Betterware de México, S.A.P.I. de C.V. (BeFra) has successfully completed its previously announced acquisition of 100% of Tupperware's operating assets in Latin America, including a perpetual, royalty-free, and exclusive license to the Tupperware brand for the region. The acquisition, valued at US$250 million, is a transformative step in BeFra's strategy to build Latin America's leading direct-selling platform, uniting the Betterware, Jafra, and Tupperware brands. The transaction is immediately accretive, boosting BeFra's pro forma combined FY2025 EPS by approximately 44.5% to US$2.11, and expands its regional footprint, particularly in Brazil.

Betterware de México, S.A.P.I. de C.V. (BeFra) announced it has received authorization from Mexico's Antitrust Authority for its previously announced acquisition of Tupperware's operations in Latin America. This regulatory approval is a significant step, with the transaction now expected to close on June 1, 2026. The acquisition is a major strategic move for BeFra, aiming to strengthen its presence and expand operational and commercial capabilities across key Latin American markets, including Brazil, and drive long-term growth.

Betterware de Mexico updated its Q4 and full-year 2025 financial results. For Q4 2025, consolidated net income was revised upwards by MXN 17.997 million to MXN 267.848 million, while net revenue and EBITDA saw slight downward revisions. Full-year 2025 consolidated net income also increased by MXN 17.997 million to MXN 1,060.753 million. However, consolidated free cash flow for both periods was revised downwards by MXN 92.308 million.

Betterware de México's shareholders approved a dividend payment of MXN 200 million, equivalent to approximately US $0.3063 per share before tax, payable by May 21, 2026. The Annual General Shareholders' Meeting also approved the company's consolidated financial statements for fiscal year 2025, which reported a net income of MXN 1,060.75 million. Additionally, the meeting re-elected the Board of Directors and Audit and Corporate Practices Committee members, and approved compensation for independent directors.