Analyst Anticipates EBITDA Improvement In Betterware’s Q2 Results, Eyes Return To Growth In 2H23

Telsey Advisory Group analyst reiterated a Moderate Risk rating on the shares of Betterware De Mexico S.A.P.I. DE C.V. (NASDAQ:BWMX) with a price target of $16.

The analyst anticipates Q2 sales growth of 1.3% Y/Y to MX$3.29 billion, driven by growth at Jafra of 14.4%, mostly offset by a (12%) decline at Betterware.