We are pioneers and leaders of the grocery hard discount model in Mexico and one of the fastest-growing retailers in the country as measured by our sales and store growth rates. (Incorporated in the British Virgin Islands)

The 3B name, which references “Bueno, Bonito y Barato” – a Mexican saying which translates to “Good, Nice and Affordable”– summarizes our mission of offering irresistible value to budget- savvy consumers through great quality products at bargain prices. From 2020 to 2022, our total revenue grew at a compounded annual growth rate (“CAGR”) of 34.4%, reaching Ps.32.6 billion (US$1.85 billion) for 2022, and our number of stores increased from 1,249 as of year-end 2020 to 2,288 as of year-end 2023, which represents a CAGR of 22.4%. Our total revenue for the 12-month period ended September 30, 2023 was Ps.41.2 billion (US$2.3 billion).

Our business model is simple yet disruptive: We offer a limited assortment of products that cover the daily grocery needs of our clients. We price our products to offer what is generally market-leading value for money: the lowest sustainable price in the market for a given quality. Our stores also offer convenience, since they are generally located within central neighborhoods that allow for daily visits and minimize transportation needs for our customers. Our customers visit us on average three to four times per week to fulfill one or two days of groceries.

The Tiendas 3B product range consists of approximately 800 stock keeping units (“SKUs”) of branded, private label and spot products.

*Note: Net loss and revenue figures are in U.S. dollars (converted from Mexico’s peso) for the 12 months that ended Sept. 30, 2023.

(Note: BBB  Foods Inc. priced its recently upsized IPO at $17.50 – the top of its increased range – on 33.66 million shares – the number of shares in its revised prospectus – to raise $589.0 million on Feb. 8, 2024. Background:  BBB Foods Inc. increased its IPO’s size – both the number of shares and the price range – in an F-1/A filing dated Feb. 8, 2024 – raising the number of shares to 33.66 million shares – up from 28.05 million shares initially – and increasing the price range to $16.50 to $17.50 – up from $14.50 to $16.50 initially. However, the company is offering 28.05 million shares – and selling stockholders are offering an additional 5.61 million shares. The company will NOT receive any proceeds from the sale of the selling stockholders’ shares; the company’s estimated proceeds are $476.85 million. The combined proceeds – from both the company’s shares and the selling stockholders’ shares – are estimated at $572.22 million – up 31.6 percent from the $434.8 million in proceeds under the original terms. Background: BBB Foods Inc. filed its F-1/A on Feb. 2, 2024, and disclosed terms for its IPO: 28.05 million shares at $14.50 to $16.50 to raise $434.78. Background: BBB Foods Inc. filed its F-1 on Jan. 18, 2024, without disclosing terms for its IPO. The company submitted confidential IPO documents to the SEC on Nov. 13, 2023.)