Is This Fast-Growing Chain the Next Costco?

You might not be familiar with BBB Foods (NYSE: TBBB). And that's OK. Most stateside investors aren't familiar with the rapidly expanding chain providing deeply discounted groceries and other household essentials to a widening audience with 2,772 locations at the start of this year. It's North America's fastest growing player in its space, but you have to travel to Mexico to see it in action.

BBB is the parent company of Tiendas 3B, a small-box supermarket concept with big-time aspirations. The three Bs stand for Bueno, Bonito, and Barato in Spanish, translating to "good, pretty, and cheap." The concept is a cross between Aldi and Costco, wedged into a smaller convenience store frame.

It's not a household name, but that's more an opportunity than a problem. With a business model far removed from the intersection of headwinds holding back most retail concepts, it's a good time to look at BBB before it begins pinging on more growth investors' radars. Let's travel south to see why this stock could be headed north.

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