Grupo Herdez Q2 FY26 profit drops 85.9% to MXN 79.47 million; net sales fall 23% to MXN 3.73 billion

Reuters2026/07/22 23:41

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Grupo Herdez posted 2Q26 net sales of MXN 3.73 billion, down 23% year over year, hit by ERP-related advance billing.
Quarterly EBITDA fell to MXN 81 million from a year earlier, shrinking the margin to 2.2% as volumes slid during the system migration.
Net income from continuing operations dropped to MXN 79.47 million, while the operating result swung to a loss of MXN 102.8 million.
First-half net income jumped to MXN 19.44 billion, boosted by MXN 18.89 billion from discontinued operations tied to the McCormick de México divestment.
Management maintained 2026 guidance for 7%-9% net sales growth, projecting EBITDA of MXN 2.5 billion to MXN 2.7 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grupo Herdez SAB de CV published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Grupo Herdez Q2 FY26 profit drops 85.9% to MXN 79.47 million; net sales fall 23% to MXN 3.73 billion

You may also like

Crypto prices