Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q1 2023 Earnings Call Transcript April 27, 2023
Coca-Cola FEMSA, S.A.B. de C.V. beats earnings expectations. Reported EPS is $1, expectations were $0.96.
Unidentified Company Representative: 100 basis points year-on-year. This compression was driven mainly by increases in raw material costs, such as sweeteners and concentrate in Mexico. These effects were partially mitigated by our top line growth, raw material hedging initiatives, and the...
