Gruma USA benefits from retail tortilla business

MONTERREY, MEXICO — Positive performance from the retail tortilla industry helped drive solid operating income and sales gains at Gruma USA in fiscal 2023.In the year ended Dec. 31, 2023, Gruma USA had operating income of $565.2 million, up 28% from $440.9 million in fiscal 2022. For the fourth quarter ended Dec. 31, operating income increased 11% to $156 million from $140.7 million.Net sales at Gruma USA…