Stephen Simpson, CFA
Timberwolf Equity Research • 16 Comments
Thu, Sep. 29, 3:34 PM
- It don't take long after shareholders at Anheuser-Busch (BUD -1.4%) and SABMiller (OTCPK:SBMRY) formally agreed to a mega-merger before talk of what's the next M&A move cropped up with plenty of heavy hitters holding shares.
- Both HSBC and Stifel Nicolaus think Coca-Coca (KO -0.1%) will be the next target for the beer behemoth, perhaps even sooner than some may think. The synergy math could be stunning if all the complications of an acquisition are worked out.
- On the bottling side, the integration of SABMiller into A-B has plenty of implications for the sector, even more so if speculation over a Coca-Cola deal escalates.
- Related bottling stocks: COKE, CCE, KOF, OTC:COCSF, OTC:COKEB, OTCPK:CCLAY, OTCPK:CCLAF.
Wed, Jul. 27, 8:13 AM
Wed, Apr. 27, 8:37 AM
- Coca-Cola FEMSA (NYSE:KOF): Q1 EPS of Ps.1.13.
- Revenue of Ps.34.62B (+9.1% Y/Y).
Tue, Feb. 23, 8:47 AM
- Coca-Cola FEMSA (NYSE:KOF): Q4 EPS of Ps. 1.45
- Revenue of Ps. 38.43B (-2.9% Y/Y)
Oct. 28, 2015, 7:23 AM
- Coca-Cola FEMSA (NYSE:KOF): Q3 EPS of Ps.0.86
- Revenue of Ps.37.66B (+4.8% Y/Y)
Jul. 23, 2015, 8:54 AM
- Coca-Cola FEMSA (NYSE:KOF): Q2 EPS of Ps.1.23
- Revenue of Ps. 35.48B (+4.5% Y/Y).
Jun. 17, 2015, 9:50 AM
- Goldman Sachs raises its rating on Coca-Cola FEMSA (KOF +0.8%) to Buy from Neutral on a valuation call.
- The company has been hurt this year by currency weakness in Mexico and Venezuala which has cut into the benefits from its string of acquisitions.
- Shares of the Mexican bottler are 31% off their 52-week highs.
Apr. 29, 2015, 8:44 AM
- Coca-Cola FEMSA (NYSE:KOF): Q1 EPS of Ps.1.06
- Revenue of Ps.34.37B (-11.2% Y/Y)
Feb. 25, 2015, 8:07 AM
- Coca-Cola FEMSA (NYSE:KOF): Q4 EPS of Ps.1.48 beats by Ps.0.18.
Oct. 22, 2014, 8:22 AM
- Coca-Cola FEMSA (NYSE:KOF): Q3 EPS of Ps.1.61
- Revenue of Ps.41.78B (+11.4% Y/Y)
Oct. 3, 2014, 9:06 AM
- Coca-Cola FEMSA (NYSE:KOF) is upgraded by JPMorgan to an Overweight rating from Neutral.
- A fresh price target of $117 from the investment firm implies 17% upside potential for shares.
- Coca-Cola FEMSA is a producer and distributor of Coca-Cola products and is based out of Mexico.
Jul. 23, 2014, 8:58 AM
- Coca-Cola FEMSA (NYSE:KOF): Q2 EPS of Ps.1.29
- Revenue of Ps.41.43B (+14.3% Y/Y)
Apr. 30, 2014, 8:41 AM
- Coca-Cola FEMSA (KOF): Q1 Operating Income of Ps4.81B.
- Revenue of Ps.38.7B (+15.3% Y/Y).
Feb. 6, 2014, 8:10 AM
- KeyBanc raises its price target on Green Mountain Coffee Roasters (GMCR) to $150. The investment firm is being listened to after calling out just two months ago the potential for a Coca-Cola partnership with GMCR. Shares of GMCR are up 43.7% premarket to $115.50 - a level last seen in 2011.
- The deal is a positive for Coca-Cola (KO) as it refreshes its ability to enter a new category with growth potential, says Stephanie Link. If there's a concern, it's with Coca-Cola bottlers (CCE, COKE, KOF) who now have a risk to profitability.
- Shares of SodaStream (SODA) have recovered nicely from their initial plunge following the KO-GMCR news and are now off only 2.9% premarket. There's plenty of speculation that PepsiCo (PEP) will be tempted to match Coca-Cola's move into home beverage systems with a SodaStream deal.
- No panic with Starbucks (SBUX), +0.4% premarket, as analysts see the company's comfortable relationship with GMCR unaffected.
Sep. 1, 2013, 2:21 AM
- Coca-Cola Femsa (KOF), the biggest soft-drinks bottler in Latin America, has agreed to acquire Brazil's Spaipa Industria Brasileira de Bebidas in a deal valued at $1.855B.
- The purchase of Spaipa, which generated net revenues of $905M in FY 2013, will increase Coca-Cola Femsa's volume in Brazil by 40%.
- News of the transaction comes days after Coca Cola Femsa completed the acquisition of Brazilian Coke bottler Companhia Fluminense de Refrigerantes for $448M.
- Coca-Cola Femsa is a joint venture between Coca-Cola (KO) and Mexican retail and bottling company Femsa. (PR)
Jun. 30, 2013, 1:15 AM
Coca-Cola Femsa (KOF), the biggest soft-drinks bottler in Latin America, continues its expansion by agreeing to acquire Brazil's Cia. Fluminense de Refrigerantes for $448M in cash. The deal clears the way for "the reconfiguration of the supply chain of our combined operations," says Coca-Cola Femsa CEO Carlos Salazar. The purchase is the latest in series of deals worth $4B that the company has made in the past couple of years. (PR)| Jun. 30, 2013, 1:15 AM