GRUMA/B: U.S. weakness and inflation pressured results as regional growth partly offset the decline

Consolidated volumes and EBITDA declined amid U.S. consumer weakness and cost inflation, while Central America and Asia/Oceania grew. U.S. and consolidated margin guidance was revised down, with food service stabilization expected in Q4 and higher input costs a 2027 risk.

Based on Gruma SAB de CV Class B [GRUMA/B] Q3 2026 Audio Transcript — Oct. 22 2026