BUSINESSTHE RIO TIMES
Mexico’s Gruma Lines Up $125 Million Refinancing as Tortilla Sales Stall
Gruma, the world’s largest tortilla maker, reported a 1 percent rise in consolidated net sales for Q3 2025, reflecting stagnant growth. Declines in the U.S. foodservice channel have consistently hurt overall sales, despite retail improvements. The company is arranging a $125 million refinancing amid stalled tortilla sales.
Related Signal
Adjacent reporting
- Mexican cement maker Cemex wins about $230 million from Spain’s green fund for zero-emissions plant, while tortilla-flour giant Gruma locks in $125 million refinancing
- Mexican Conglomerate Grupo Carso Reports Net Profit, Not Loss, Despite $150 Million Earnings Drop
- Argentina Markets: Merval & the Peso — July 17, 2026
- Mexican airport operator GAP and beverage giant FEMSA drag down bolsa after mixed second-quarter results
- Mexico Markets: IPC & the Peso — July 15, 2026