|Bid||126.00 x 19400|
|Ask||126.44 x 228500|
|Day's Range||125.46 - 127.40|
|52 Week Range||102.41 - 144.47|
|PE Ratio (TTM)||24.89|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Mexican Coke bottler Arca Continental plans to ramp up its capital expenditures by 43 percent, to 10 billion pesos ($525.6 million), this year as it starts a new U.S. venture, the company said Thursday. Arca announced a deal earlier this year to act as Coca-Cola Co's sole franchise bottler in the Southwest United States. Arca added that it would likely surpass its goal of earning 100 billion pesos in sales this year, even without the U.S. operation.
Mexican bottling company Arca Continental (AC.MX) said on Friday that Coca-Cola Bottling Company United will not longer form part of a previously announced intention to sign a deal to operate the Coca-Cola bottling franchise in parts of the United States. Arca said it was still working with the Coca-Cola Company to come to an agreement for southwestern United States, including Texas and parts of Oklahoma, New Mexico and Arkansas.