Javier Perez Alvez's questions to Bbb Foods Inc (TBBB) leadership • Q1 2025
Question
Javier Perez Alvez from Mirabaud Asset Management questioned the long-term use of significant stock-based compensation in a low-margin retail business and raised investor concerns about future dilution and the CEO's recent stake sale.
Answer
Executive Kamal Hatoum defended stock-based compensation as a high-return investment crucial for driving the company's growth and entrepreneurial culture, stating its use will continue. He noted his stake sale was small and for fiscal reasons. CFO Eduardo Pizzuto added that full dilution from all programs is accounted for and illustrated in public documents.