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Coca-Cola FEMSA (KOF) Q4 2020 Earnings Call Transcript

Operator
Good morning, everyone, and welcome to Coca-Cola FEMSA s fourth quarter and full-year 2020 conference call. As a reminder, today s conference is being recorded. [Operator instructions] During this conference call, management may discuss certain forward-looking statements concerning Coca-Cola FEMSA s future performance and should be considered as gut-based estimates made by the company. These forward-looking statements reflects management s expectations and are based upon currently available data.
Actual results are subject to future events and uncertainties, which can materially impact the company s actual performance. At this time, I will now turn the conference over to Mr. John Santa Maria, Coca-Cola FEMSA s chief executive officer. Please go ahead, Mr. ....

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Coca-Cola FEMSA (KOF) Q4 2020 Earnings Call Transcript

Coca-Cola FEMSA (KOF) Q4 2020 Earnings Call Transcript
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United States , Topo Chico , Nuevo Leóx , Costa Rica , Mexico City , Distrito Federal , Miguel Angel , Santa Maria , Hector Maya , Jorge Collazo , Sean King , Felipe Ucros Scotiabank , Matias Molina , John Santa Maria , Hector Maya Banco Santander , Marcella Recchia , Miguel Tortolero , Grupo Burstil Mexicano , Lucas Ferreira , Antonio Hernandez Barclays , Alvaro Garcia , Felipe Ucros , Antonio Hern , Heineken Company , Credit Suisse , Cola Company ,

Rochester La Voz One-Stop Shopping: OXXO Stores, Popular Throughout Latin America, Put Convenience First

OXXO convenience stores are commonplace in Mexico.
With more than 6,000 stores in over 350 cities, OXXO is one of the country’s top 10 sales chains. In Latin America, they occupy seventh place in ranking by sales numbers.
OXXO currently employs millions of workers, and has expanded to gas stations.
“As a user, I believe that going to OXXO can help you solve various problems,” said María Guadalupe Vidales, who lives in Veracruz. “Besides buying groceries, you can recharge your cell phone, receive money orders and make bank deposits.”
Shoppers secondary choice for groceries is often the local
tienditas, small convenience businesses. They cannot compete with a national chain; however, they feel its impact. ....

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