Coca-Cola Femsa SAB de CV ADR
KOF: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| j%Q | LOCK|D?> | LOCK|LJpF$$ |
Coca-Cola Femsa Earnings: Strong Execution Despite Mexico Headwinds; Shares Fairly Valued
Coca-Cola Femsa's comparable sales rose 6% in the first quarter, with South America up 12% and Mexico up 1%. Adjusted EBITDA was up 6% on a comparable basis as margins were roughly flat. However, currency was a headwind, trimming reported sales and adjusted EBITDA growth to 1%.
