Gruma Q2 profit falls 12% as US demand weakness hits Mission Foods volumes

Mexican tortilla giant reports net sales rise 5% to $1.62 billion, but US volume declines at Mission Foods weigh on bottom line.

By Handelsavisen Newsroom · Automated 2026-07-23 07:52 UTC · 1 min read

Gruma reported a 12% decline in second-quarter profit, driven by softer demand in the United States that reduced volumes at its Mission Foods subsidiary.

Despite the earnings miss, the Mexican tortilla manufacturer posted a 5% year-on-year increase in net sales, reaching approximately US$1.62 billion, supported by strong performance in operations outside the US market.

The divergence between top-line growth and bottom-line pressure highlights the headwinds facing US-focused food processors.

While international operations provided a buffer, the volume contraction at Mission Foods — Gruma’s primary US brand — underscores persistent challenges in the American consumer segment.

Investors are likely to scrutinize whether the sales growth from non-US markets can sustainably offset the margin erosion in the US.

This result adds to a broader narrative of uneven consumer spending patterns.