Mexico's Grupo Bimbo SAB GRBMF reported a decline in its net profit for the second quarter.
Bimbo's quarterly net profit fell to 887.9 million pesos ($65.3 million), from MXN895.5 million, in the year-ago quarter.
Its sales surged 43% to MXN43.3 billion. Sales in Mexico climbed 12% to MXN17.1 billion, while US sales jumped 80% to MXN20.7 billion.
Bimbo shares closed at $2.30 yesterday.
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