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 ...
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 ...
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 ...
MONTERREY, MEXICO — “Excellent performance” within the company’s better-for-you product category helped drive an operating income gain at Gruma USA in fiscal 2024. In the year ended Dec. 31, 2024, ...
MEXICO CITY, Oct 7 (Reuters) - Tortilla-maker Gruma (GRUMAB.MX), opens new tab holds the power to fix higher prices in the corn flour market, Mexico's antitrust watchdog said in a preliminary decision ...
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 ...
Growing wild in Mexico’s Central Balsas River Valley is the biological ancestor of what has become one of the most important feed grains in the world. Anthropologists believe that Balsas Teosinte, a ...
MONTERREY, MEXICO — The retail channel within the US division of Gruma SAB de CV has proven to be “very resilient” in face of the coronavirus pandemic, leading to strong results in the third quarter ...
DECATUR, Ill. (AP) -- Archer Daniels Midland Co. on Monday said it has sold its stake in Gruma back to the Mexican corn flour producer for at least $450 million, saying it wants to spend money in ...
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 ...
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.
Gruma SAB, the largest maker of tortilla corn flour in Mexico, said Raul Pelaez Cano took over today as chief executive officer, replacing Roberto Gonzalez. Pelaez, who holds a business degree from ...
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