Grupo Bimbo raises 2026 adjusted EBITDA margin expansion outlook to 85-120 bps as North America transformation continues

What happened: Grupo Bimbo raised its 2026 adjusted EBITDA margin expansion outlook to 85-120 bps as its North America transformation continues, per the Q3 2026 earnings call. Key numbers: 2026 adjusted EBITDA margin expansion outlook 85-120 bps; net sales up 3.6% excluding FX; adjusted EBITDA margin 15.7%; net margin up 80 bps to 3.9%. Why it matters: Management described the quarter as showing strength and resilience, and the raised margin outlook points to expected gains from the North America transformation.

Grupo Bimbo raised 2026 adjusted EBITDA margin expansion outlook to 85-120 bps.

Grupo Bimbo raised 2026 adjusted EBITDA margin expansion outlook to 85-120 bps. — impact context not separately stored; see What changed.