Earnings release
Page 1
CARLOTA BLASÓN GRUPO HERDEZ HERDEZ HERDEZ RedHot SECOND QUARTER 2026 RESULTS Embasa Solsa de tomate RQEQ oderezar Flaveur H GRUPO HERDEZ Frenc YELLOW LIBANIUS pan pita TRADICIONAL Barilla SPAGHETTI GLUTEN FREE CHOUMBBEL LIBANIUS hummus Mexico City , Mexico , July 22 , 2026 - Grupo Herdez , S.A.B. de C.V. ( " Grupo Herdez " or the " Company " ) ( MSE : HERDEZ ) today announced results for the second quarter ended June 30 , 2026 . “ We faced a complex second quarter under a challenging macroeconomic environment . Results for the period reflect both weak consumption in Mexico and the expected impact of the front - loading strategy in the first quarter due to the SAP transition , a highly complex process that we successfully completed in record time and which will allow us to be more efficient in our operations . We are confident that the strength of our brands and our adaptability will normalize business performance during the second half of the year , keeping us firmly on track to achieve our projected full - year targets for 2026 , " stated Héctor Hernández - Pons Torres , Chairman of the Board and Chief Executive Officer of Grupo Herdez . NOTE ON INFORMATION AND CONSOLIDATION CRITERIA Financial information for the second quarter of 2026 reflects the current operating configuration , following the conclusion of the strategic transformation processes initiated in 2025. This structure is presented under the following criteria : . McCormick de México Treatment : Following the sale of the 25 % stake in this entity , McCormick de México's results are reported proportionally at 25 % within the " Equity Investments in Associated Companies " line item . Furthermore , in compliance with IFRS 5 , these results are presented as " Discontinued Operations " , reflecting the 25 % net proportional share in 2026 compared to 50 % in 2025. Additionally , revenue derived from strategic , commercial and distribution services that Grupo Herdez provides to McCormick de México are reported under the ' Related Party Income ' line item . Comparability Methodology ( Proforma Basis ) : With the objective of presenting a homogenous basis for comparison , the analysis in this report is conducted on a proforma basis . This implies that the figures for the first quarter of 2025 exclude the results corresponding to Grupo Nutrisa and present the results of McCormick de México within the " Equity Investments in Associated Companies " line item .