Coca-Cola Femsa S.A.B. de C.V. ADR (KOF) News
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KOF News Highlights
- KOF's 30 day story count now stands at 10.
- Over the past 13 days, the trend for KOF's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- The most mentioned tickers in articles about KOF are WRAP, DE and FMX.
Latest KOF News From Around the Web
Below are the latest news stories about COCA COLA FEMSA SAB DE CV that investors may wish to consider to help them evaluate KOF as an investment opportunity.
Are Investors Undervaluing Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) By 25%?Key Insights Coca-Cola FEMSA. de's estimated fair value is US$110 based on 2 Stage Free Cash Flow to Equity Current... |
Is Coca Cola Femsa (KOF) Stock Outpacing Its Consumer Staples Peers This Year?Here is how Coca-Cola FEMSA (KOF) and Molson Coors Brewing (TAP) have performed compared to their sector so far this year. |
Mexican retailer Femsa plans to complete asset sales next year, cut debtMEXICO CITY (Reuters) -Mexico's Femsa, which controls one of the world's largest Coca-Cola bottlers and a sprawling chain of Oxxo convenience stores, plans to wrap up a series of asset sales next year aimed at reducing debt, a company executive said. The company this year sold its stakes in Dutch brewer Heineken and U.S. wholesaler Jetro Restaurant Depot. The businesses that remain to be unloaded represent about 10% of the company's initial divestment plan to refocus on core businesses, Femsa's head of investor relations Juan Fonseca told Reuters in an interview on Thursday. |
CORRECTED-Mexican retailer Femsa plans to complete asset sales next year, cut debtMexico's Femsa , which controls one of the world's largest Coca-Cola bottlers and a sprawling chain of Oxxo convenience stores, plans to wrap up a series of asset sales next year aimed at reducing debt, a company executive said. The company this year sold its stakes in Dutch brewer Heineken and U.S. wholesaler Jetro Restaurant Depot. The businesses that remain to be unloaded represent about 10% of the company's initial divestment plan to refocus on core businesses, Femsa's head of investor relations Juan Fonseca told Reuters in an interview on Thursday. |
FEMSA (FMX) Q3 Earnings Beat, Revenues Lag EstimatesFEMSA's (FMX) Q3 results reflect gains from strong top-line growth across its business units, gross margin expansion and the inclusion of Proximity Europe. |
3 Bill Gates Stocks to Buy for Billionaire-Like ReturnsMicrosoft and Berkshire Hathaway are the two most popular Bill Gates stocks. |
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q3 2023 Earnings Call TranscriptCoca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q3 2023 Earnings Call Transcript October 25, 2023 Operator: Hello and welcome to Coca-Cola FEMSA Third Quarter 2023 Conference Call. My name is Melissa and I will be your coordinator for today’s event. Please note, this conference is being recorded, and for the duration of the call your lines […] |
Retailer, bottler Femsa's profit hit by strong pesoMEXICO CITY (Reuters) -Mexico's Femsa, which controls one of the world's largest Coca-Cola bottlers and a sprawling empire of Oxxo corner shops, reported a 9% year-on-year fall in third-quarter net profit on Friday, partly due to a strong peso. Although Femsa said profit was lifted by stronger underlying operations, an exchange-rate bump on dollar-denominated debt and a dip in net interest expenses, the effects were offset by its U.S. exposure and a drop in income from discontinued operations, including a stake it had held in Heineken. Femsa said its net income for the period dropped to 9.74 billion pesos ($559 million) from 10.75 billion pesos, while its earnings before interest, tax, depreciation and amortization (EBITDA) rose by 15% to 25.37 billion pesos. |
UPDATE 3-Retailer, bottler Femsa's profit hit by strong pesoMexico's Femsa, which controls one of the world's largest Coca-Cola bottlers and a sprawling empire of Oxxo corner shops, reported a 9% year-on-year fall in third-quarter net profit on Friday, partly due to a strong peso. Although Femsa said profit was lifted by stronger underlying operations, an exchange-rate bump on dollar-denominated debt and a dip in net interest expenses, the effects were offset by its U.S. exposure and a drop in income from discontinued operations, including a stake it had held in Heineken. Femsa said its net income for the period dropped to 9.74 billion pesos ($559 million) from 10.75 billion pesos, while its earnings before interest, tax, depreciation and amortization (EBITDA) rose by 15% to 25.37 billion pesos. |
Coca-Cola FEMSA. de's (NYSE:KOF) Upcoming Dividend Will Be Larger Than Last Year'sCoca-Cola FEMSA, S.A.B. de C.V. ( NYSE:KOF ) will increase its dividend from last year's comparable payment on the 13th... |