Overview
- Gruma reported Q2 2026 net sales of $1,649.9 million, operating income of $214.8 million and EBITDA of $276.5 million, with consolidated EBITDA down 5% and net earnings down 12% year on year.
- The United States, Gruma’s largest market, saw sales fall 3% and operating cash flow drop about 15% as consumer confidence and price sensitivity weakened demand.
- International subsidiaries drove the quarter’s results by contributing roughly 71% of consolidated sales and 79% of EBITDA, with Europe posting a 5% sales rise and 17% EBITDA growth.
- Asia and Oceania delivered the strongest profit gains with sales up 15%, volumes up 4%, and regional EBITDA up 47%, a jump the company attributes in part to its newly opened China plant.
- Management plans to lean on international expansion and product initiatives to cushion near-term U.S. softness and says it expects a meaningful U.S. recovery once the current transition ends.