Betterware de Mexico, S.A.P.I. de C.V. (BWMX) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

BEFRA's First Quarter 2025 Earnings Conference Call. Speaking on today's call are BEFRA's Chairman of the Board, Luis Campos, President and Chief Executive Officer, Andres Campos, and Chief Financial Officer, Rodrigo Munoz, recently appointed as successor for Alejandro Lula in March 2025. Before they begin their remarks, the company would like to remind you that today's call may include forward-looking statements, which are subject to risks and uncertainties that could cause action results to differ materially from those expectations. Any such statements should be considered in conjunction with the cautionary statements and the safe harbor statement in the earnings release issued today and risk factors outlined in BEFRA's SEC filings. BEFRA undertakes no obligation to update any forward-looking statements. A reconciliation of and other information regarding non-GAAP financial measures discussed on the call can also be found in the earnings release as well in the investor section of the company's website. I'd like to turn the call over to BEFRA's president and CEO, Andres Campos. Thank you. You may begin. Thank you, operator, and good afternoon, everyone. As we begin this call, and before we get into the numbers of the quarter with Rodrigo, I'd like to reflect on two very important things that this quarter brings to mind so you know exactly where our minds and actions are at. The first thing is our approach to the current volatility and uncertainty around the world, of which the countries where we operate have not been exempt, thus affecting our ability to yield stronger results in the short term. Beginning with Mexico, consumer trends have shown important softening signs, which have affected all categories alike, but have deepened in more discretionary categories lik...