Coca-Cola FEMSA Reports Q2 Earnings with Strong South American Growth
Coca-Cola FEMSA (NYSE: KOF) reported second-quarter growth in volume, revenue, and profit for the period ending June 30, 2026. Consolidated volume rose by 3.5% to 1.1 billion unit cases, with revenue increasing 4.7% year-over-year to MXN 76.3 billion. Adjusted EBITDA grew significantly at 12.1%, reaching MXN 15 billion. Mexico faced challenges due to an excise-tax increase and weak consumer demand but still managed a modest volume growth of 1%. Management now expects full-year Mexican volumes to be approximately flat after adjusting pricing in August. South America was the primary driver, with regional volume rising by 6.9%, led by strong performances in Colombia and Brazil. The company maintained its capital expenditure target for 2026 at 7%–7.5% of revenue and is evaluating options to return value to shareholders.
Tickers: $KOF
Topics: cost_efficiency ebitda_growth market_share revenue_increase volume_growth