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BeFra Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast

Published 2024-04-11, 04:50 p/m

GUADALAJARA,  Mexico, April 11, 2024 /PRNewswire/ -- Betterware de México, S.A.P.I. de C.V. (Nasdaq:BWMX) ("BeFra" or the "Company"), today announced that the Company will release its first quarter 2024 results after the U.S. stock market closes on Thursday, April 25, 2024. The Company will hold a conference call to discuss its results at 9:00 a.m. (Eastern Time) on Friday, April 26, 2024.

The U.S. toll free dial-in for the conference call is 1-877-451-6152 and the international dial-in number is 1-201-389-0879. A live webcast of the conference call will also be available on the investor relations page of the company's website at investors.betterware.com.mx. The passcode is 13746020.

For those unable to participate in the conference call, a replay will be available after the conclusion of the call on April 26, 2024, through May 10, 2024. The U.S. toll-free replay dial-in number is 1-844-512-2921 and the international replay dial-in number is 1-412-317-6671. The replay passcode is 13746020.

About Betterware

Founded in 1995, Betterware de Mexico is the leading direct-to-consumer company in Mexico focused on offering innovative products that solve specific needs related to household organization, practicality, space-saving, and hygiene. Through the acquisition of JAFRA on April 7, 2022, the Company now offers a leading brand of direct-to-consumer in the Beauty market in Mexico and the United States where it offers Fragrances, Color & Cosmetics, Skin Care, and Toiletries. The combined company possesses an asset-light business model with low capital expenditure requirements and a track record of strong profitability, double digit rates of revenue growth and free cash flow generation. Today, the Company distributes its products in Mexico, and with its recent acquisition, it now has gained presence in the United States through JAFRA's portfolio of products.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. Forward- looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words "believe," "anticipate," "intends," "estimate," "potential," "may," "should," "expect" "pending" and similar expressions identify forward- looking statements. The forward-looking statements in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.

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