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FEMSA
Trends
- 1
Mexico is marking International Coffee Day on 1 October, and major chains are competing for customers with discounts. OXXO is selling an americano for one peso as part of FEMSA's coffee push, Starbucks is offering a cup for 59 pesos, and 7-Eleven and other retailers have their own deals. Outlets are also sharing expert tips on choosing and brewing good coffee.
- 2KOF reports stable revenue and resilient backlog despite weak housing market▼KOF: Stable revenue and margins, strong cash, and resilient backlog despite a weak housing market
Coca-Cola FEMSA, traded as KOF, is being highlighted for delivering stable revenue and margins, a strong cash position, and a resilient order backlog even as the housing market remains weak. Commentators point to the company's financial consistency as a standout in a difficult real estate environment, with the steady backlog seen as a sign of continued demand despite broader sector softness.