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Becle, S.A.B. de C.V. (BCCLF)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.20000.0000 (0.00%)
As of 03:47PM EDT. Market open.
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Chart Events
Neutralpattern detected
Previous Close2.2000
Open2.2400
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.2000 - 2.2000
52 Week Range1.8600 - 2.7000
Volume19,251
Avg. Volume44,237
Market Cap7.994B
Beta (5Y Monthly)0.68
PE Ratio (TTM)27.50
EPS (TTM)0.0800
Earnings DateN/A
Forward Dividend & Yield0.04 (1.91%)
Ex-Dividend DateAug 02, 2022
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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    MEXICO CITY (Reuters) -Mexican distiller Becle, parent company of the Jose Cuervo tequila brand, expects to raise prices in 2022 as both demand and costs rise, Chief Executive Officer Juan Domingo Beckmann said in a call with investors on Friday. "Looking into 2022, we will be seeking to mitigate the cost pressures for the global supply chain situation by way of increasing price across our markets and our portfolio," said Beckmann, whose family owns the company. The distiller will invest around $250 million in capital expenditures and more advertising in 2022, Chief Financial Officer Fernando Suarez said.

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    UPDATE 2-Jose Cuervo's parent firm Becle expects to hike prices this year

    Mexican distiller Becle , parent company of the Jose Cuervo tequila brand, expects to raise prices in 2022 as both demand and costs rise, Chief Executive Officer Juan Domingo Beckmann said in a call with investors on Friday. "Looking into 2022, we will be seeking to mitigate the cost pressures for the global supply chain situation by way of increasing price across our markets and our portfolio," said Beckmann, whose family owns the company. The distiller will invest around $250 million in capital expenditures and more advertising in 2022, Chief Financial Officer Fernando Suarez said.

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