Becle SAB de CV (MEX:CUERVO)

Q2 2025 Becle SAB de CV Earnings Call Transcript

Jul 24, 2025 / 04:00 PM GMT

Release Date Price: MXN23.7 (+6.85%)

Transcript

Key Points

Positve

Becle SAB de CV (BCCLF) reported a 2.8% increase in consolidated net sales, reaching 11.5 billion pesos, driven by favorable foreign exchange effects and premiumization strategy.
The company achieved a 16.7% growth in EBITDA, with a margin expansion of 270 basis points to 23.4%.
Tequila remains a key growth driver, with the total tequila business growing by 0.6% and outperforming the total industry.
Mexico posted solid second-quarter results with a 4.8% increase in net sales value, driven by an increase in volume.
The company generated 1.7 billion pesos in net cash from operating activities, reflecting strong profits and progress in inventory right-sizing.

Negative

Net sales value in the US and Canada declined by 9.9% due to a 7.1% decrease in shipments, reflecting softness in the RTD category and increased pricing pressures.
Depletions decreased by 9.3% in the US and Canada, aligning with shipments as the company optimized inventory levels.
The company faced a complex and competitive environment in the US and Canada, characterized by soft consumer demand and heightened pricing pressures.
Gross margin expansion was partially offset by unfavorable regional mix, with Mexico outperforming the US and the rest of the world.
The company experienced heightened promotional activity in the US, resulting in lower price per case and affecting gross margin.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CUERVO.MX - Becle SAB de CV
Q2 2025 Becle SAB de CV Earnings Call
Jul 24, 2025 / 04:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and thank you for joining Beckley's 2nd quarter on audited financial results call. During this call, you may hear certain forward-looking statements. These statements may relate to our future prospects, developments, and business strategies and may be identified by our use of terms and phrases such as anticipate, believe, could, estimate, expect, intend, and similar terms and phrases and may include references to assumptions.

Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions because forward-looking statements relate to the future by their nature, they are subject to inherent uncertainties, risks, and changes in circumstances

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.