Coca-Cola Femsa delivered solid Q2 results, with revenues up 4.7% and net income surging 16.9%. KOF offset flat Mexican sales with record volumes in Colombia, Guatemala, and Brazil, benefiting from favorable LatAm macro trends. Premiumization and strong energy drink growth, especially Monster in Brazil, provide upside beyond traditional soda volumes.
Coca-Cola FEMSA, S.A.B. de C.V. (KOF) Q2 2026 Earnings Call Transcript
Coca-Cola FEMSA, S.A.B. de C.V. remains a Buy, supported by high-quality operations and reasonable LATAM valuation, even after solid Q2 results. Q2 showed strong South American growth and efficiency gains, offsetting mixed signals in Mexico and Argentina, with consolidated revenue and operating income outpacing volume. KOF continues to benefit from organic growth, M&A, and ecosystem initiatives like Juntos+, while demographic trends and category expansion provide further upside.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 4,594 | $488,119 | $507,361.36 | $19,242.36 | 3.94% |
Tweedy Browne Tweedy, Browne Company LLC | 1.16M | $50.69M | $128.17M | $77.48M | 152.84% |
| NA Nizar Araji National Bank Of Canada /FI/ | 35,371 | $3.14M | $3.91M | $770,320.12 | 24.56% |
Charles Brandes Brandes Investment Partners | 39,019 | $3.76M | $4.25M | $488,275.98 | 12.98% |
Bill Gates Bill & Melinda Gates Foundation Trust | 6.21M | $270.75M | $677.03M | $406.28M | 150.06% |
| Beverages Industry | Consumer Staples Sector | Ian Marcel Craig García CEO | NYSE Exchange | 191241108 CUSIP |
| MX Country | 108,925 Employees | 13 Jul 2026 Last Dividend | 28 Jan 1998 Last Split | 13 Sep 1993 IPO Date |
Coca-Cola FEMSA, S.A.B. de C.V. stands as a pivotal franchise bottler in the beverage industry, dedicated to the production, marketing, sales, and distribution of Coca-Cola trademark beverages. Founded in 1979 and establishing its headquarters in Mexico City, Mexico, this entity has grown to serve an extensive network across countries including Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. As a recognized subsidiary of Fomento Economico Mexicano, S.A.B. de C.V., Coca-Cola FEMSA prides itself on delivering a wide array of refreshing beverages to a diverse customer base through various channels. Its strategic partnerships, notably with Heineken, Estrella Galicia, and Therezópolis in Brazil, further accentuate its position in the beverage distribution landscape, thereby encapsulating its commitment to excellence and customer satisfaction in the marketplace.
Coca-Cola FEMSA's product line includes a variety of sparkling beverages, ranging from traditional colas to flavored sparkling drinks. These products are designed to cater to the tastes of a wide audience, offering refreshing choices for different preferences.
Beyond carbonated drinks, the company extends its portfolio to include waters and a diverse selection of other beverages. This category encompasses juice drinks, coffee, teas, milk and value-added dairy products, sports and energy drinks, as well as plant-based drinks. Each product is crafted to meet the hydration and nutritional needs of consumers, showcasing Coca-Cola FEMSA's commitment to variety and quality.
In response to the evolving tastes of its customers, Coca-Cola FEMSA has ventured into the distribution of alcoholic beverages. This includes a strategic selection of beer products such as Heineken, Estrella Galicia, and Therezópolis, primarily distributed within its Brazilian territories. These partnerships underline the company’s versatility and adaptability in meeting consumer demand across different beverage categories.
The company’s products are made available to consumers through a well-structured distribution network that includes retail outlets, wholesale supermarkets, specialized retailers, points-of-sale, and home delivery services. This extensive network ensures Coca-Cola FEMSA's products are accessible to customers wherever they are, reinforcing its market presence and enhancing consumer convenience.