Coca Cola Femsa SAB DE CV (KOF) Q2 FY26 earnings call

Coca-Cola FEMSA delivered a mixed second quarter, with robust growth and margin expansion in South America, particularly Brazil and Colombia, driven by strong volumes and strategic execution. This performance largely offset persistent headwinds in Mexico from excise taxes and a subdued consumer environment, where the company focused on market share gains and affordability. The company is evaluating capital allocation alternatives and monitoring potential regulatory changes in Brazil.