Bimbo business strong in quarter, but Fred Penny sees threats ahead

摘要

MEXICO CITY —While Bimbo Bakeries USA has managed to keep up with unprecedented demand in 2020, surging rates of the coronavirus infection and predictions of a worsening of the pandemic have executives worried about the months ahead.In an Oct. 21 call with investment analysts, Fred Penny, president of Bimbo Bakeries USA, expressed "concern about the spikes we're seeing" in COVID-19.The call was conducted in connection with extraordinary financial results of the North American business of Grupo Bimbo SAB de CV issued Oct. 21.