Evercore tracks Brazil beverage trends amid weather impact

Investing.com - Evercore is monitoring Brazil's alcoholic and non-alcoholic beverage production alongside June precipitation and temperature forecasts due to the market's significance for multiple companies in its coverage.

Anheuser-Busch InBev (NYSE: BUD) highlighted with first-quarter 2026 earnings that trends are improving, with a supportive calendar through the rest of 2026. Ambev (NYSE: ABEV) added that softness in the industry continues to be explained by weather, although at a lower intensity than in prior quarters, as fundamentals remain strong.

Coca-Cola Femsa (NYSE: KOF) echoed this commentary, as consumer dynamics remained "constructive" and "encouraging." Diageo (NYSE: DEO) reported strong results in Brazil, with double-digit percentage volume growth.

Heineken (OTC: HEINY) noted earlier today that the category continues to premiumize despite declines, with mainstream and premium driving growth. The company noted its opportunity to be more aggressive on price/mix after putting too much focus on volume in the first half of 2025.

Evercore tracks Brazil industry beverage production data as companies report varying performance across the market.

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