KOF Stock Recent News

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF ) Q2 2023 Earnings Conference Call July 26, 2023 12:00 PM ET Company Participants Jorge Collazo - Director, IR Ian Craig - CEO Gerardo Cruz Celaya - CFO Conference Call Participants Ricardo Alves - Morgan Stanley Thiago Bortoluci - Goldman Sachs Sergio Matsumoto - Citigroup Fernando Olvera - Bank of America Alan Alanis - Santander Antonio Fernandez - Barclays Luis Willard - GBM Felipe Ucros - Scotiabank Alvaro Garcia - BTG Pactual Rodrigo Alcantara - UBS Operator Good day and welcome to the Coca Cola FEMSA Second Quarter 2023 Conference Call.

LPG, PUBGY, CINT, KOF and JSAIY have been added to the Zacks Rank #1 (Strong Buy) List on July 24, 2023.

Brown-Forman (BF.B) continues to benefit from its strong brand portfolio, premiumization efforts and aggressive brand investments.

Here is how Coca-Cola FEMSA (KOF) and Lamb Weston (LW) have performed compared to their sector so far this year.

The Consumer Staples sector has the lowest percentage of sell-side 'buy' ratings among the 11 S&P 500 sectors, but Coca-Cola FEMSA (KOF) is considered a valuable investment due to its low price-to-earnings ratio and strong fundamental trends. KOF, the largest bottler for The Coca-Cola Company outside the US, has seen strong demand in South America, with a 7% annual climb in consolidated volume and a 12% revenue jump from the same period a year ago. Despite a 60% rally off the low a year ago and a 10% drop from recent highs, KOF is still considered a good investment for long-term investors. However, investors should be aware of potential risks such as rising costs and political uncertainty.

CCU, GEF, GWW, RYI and KOF have been added to the Zacks Rank #1 (Strong Buy) List on June 23, 2023.

Here is how Coca-Cola FEMSA (KOF) and Danone (DANOY) have performed compared to their sector so far this year.

VIPS, KOF and NVO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 5, 2023.

Coca-Cola FEMSA (KOF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

The Beverages - Soft Drinks industry looks attractive on recovery in markets, share gains, improved pricing and innovation despite the ongoing cost headwinds. Companies like KO, PEP, MNST and KOF look strong amid favorable industry trends.