Education
About Us
Working with TipRanks
Follow Us
Becle Sab De Cv (BCCLF)
OTHER OTC:BCCLF
Earnings Data
Report Date
Apr 23, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.02Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a mixed but balanced picture: Becle demonstrated strong financial discipline, margin expansion, robust cash generation, debt reduction, and market share gains (notably in Mexico and Rest of World), while proactively protecting pricing and investing behind brands. Offsetting these positives were meaningful near-term headwinds — a 14% Q4 sales decline (8.4% FX-adjusted), distributor realignment in the U.S. that may cause H1 2026 volatility, competitive discounting across categories, and guidance for low single-digit net sales contraction in 2026. Overall the company presents as operationally resilient and well-capitalized but facing a transitional year with constrained top-line visibility.Company Guidance
Strong cash generation and balance sheet improvement
Generated MXN 8.1 billion in net cash from operating activities in 2025; cash and cash equivalents totaled MXN 10.8 billion and total debt fell to MXN 18.9 billion (down MXN 7.4 billion YoY). Adjusted net leverage improved to 0.9x (below target range). Free cash flow yield strengthened from 4% in 2019 to 14% at end of 2025.
Gross margin expansion and cost efficiency
Gross margin expanded to 55.2% in Q4 (up 110 basis points YoY), marking the eighth consecutive quarter of year-over-year gross margin expansion driven by lower agave-related input costs and strategic sourcing/manufacturing efficiencies.
EBITDA margin expansion and earnings resilience
Fourth-quarter EBITDA was flat year-on-year in absolute terms, while EBITDA margin expanded by 340 basis points to 24.4%, reflecting cost discipline (Distribution costs -6.5% and SG&A -6.2%) and other income gains (MXN 438 million) from contractual settlements.
Market share and volume outperformance in Mexico
In Mexico for 2025 the portfolio delivered volume growth of 2.5% and value growth of 2.0% versus industry declines (Total Spirits volume -1.4% and industry value -1.6%). Tequila category volume grew 2.5% while the company grew 3.9% in the category, underscoring continued leadership and share gains.
U.S. tequila outperformance and pricing discipline
Tequila category remained resilient (Nielsen: +2.3% volume in the year). Proximo outperformed the broader market with a smaller volume decline (-2.5%) versus category peers (~100 bps outperformance). Company limited average pricing decline to 5.1% vs category price decline of ~9.2%, prioritizing brand equity over aggressive discounting.
Rest of World and regional momentum
Rest of World business has doubled in net sales value since 2019. EMEA/APAC region sustained positive momentum in Q4 with APAC delivering double-digit depletions growth; full year EMEA/APAC shipments were flat and depletions increased 1.5%.
Long-term premiumization and historical growth
Since 2019 net revenues are up 45% (driven by 10% volume growth and 35% increase in average price per case). Average price per case has grown at a ~5% CAGR since 2019; gross profit has grown at a 7.5% CAGR and gross margin is +320 bps vs 2019, evidencing sustained premiumization and pricing power.
BCCLF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BCCLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $1.08 | $1.06 | -1.39% |
Oct 22, 2025 | $1.15 | $1.35 | +17.39% |
Jul 23, 2025 | $1.19 | $1.20 | +1.27% |
Apr 29, 2025 | $1.13 | $1.13 | -0.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Becle Sab De Cv (BCCLF) report earnings?
Becle Sab De Cv (BCCLF) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).
What is Becle Sab De Cv (BCCLF) earnings time?
Becle Sab De Cv (BCCLF) earnings time is at Apr 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BCCLF EPS forecast?
Currently, no data Available