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Wal-Mart De Mexico S.A.B. de C.V. ADR (WMMVY) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Wal-Mart De Mexico S.A.B. de C.V. ADR (WMMVY) Q4 2025 Earnings Call February 19, 2026 8:00 AM EST

Company Participants

Salvador Villasenor Barragan – Investor Relations Director
Paulo Garcia – CFO and Senior VP of Administration & Finance
Cristian Barrientos – Interim President, CEO & Director
Paul Lewellen

Conference Call Participants

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Benjamin Theurer – Barclays Bank PLC, Research Division
Fernando Froylan Mendez Solther – JPMorgan Chase & Co, Research Division
Ulises Argote Bolio – Santander Investment Securities Inc., Research Division
Felipe Rached – Goldman Sachs Group, Inc., Research Division
Alvaro Garcia – Banco BTG Pactual S.A., Research Division
Antonio Hernandez – Actinver Casa de Bolsa, S.A. de C.V., Research Division
Melissa Byun – BofA Securities, Research Division
Miguel Ulloa Suárez – BBVA Research SA
Alejandro Fuchs – Banco Itau BBA SA, Research Division

Presentation

Salvador Villasenor Barragan
Investor Relations Director

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Good morning, everyone. I’m Salvador Villasenor, Head of Investor Relations at Walmex, and I want to thank you once again for joining our live Q&A session following our fourth quarter and full year 2025 earnings release, which was published yesterday. As always, we will make an effort to answer as many questions as we can in the 45 minutes we have scheduled for this call. [Operator Instructions] Joining me today is Cristian Barrientos Pozo, President and CEO; Paul Lewellen, our Chief Omnichannel Operating Officer; and Paulo Garcia, our Chief Financial Officer. We’ll now go right straight away to the first question.

Question-and-Answer Session

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Operator

[Operator Instructions] The first question is from Mr. Ben Theurer from Barclays.

Benjamin Theurer
Barclays Bank PLC, Research Division

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Can you guys hear me, see me?

Salvador Villasenor Barragan
Investor Relations Director

Yes.

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Benjamin Theurer
Barclays Bank PLC, Research Division

So I wanted to get a little bit your sense as you look at the market in Mexico. And in the presentation yesterday, it was very clear

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Superpowers, Secrets, and the Capture of a Chinese Spy

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Superpowers, Secrets, and the Capture of a Chinese Spy

“The Sixth Bureau” explores themes of superpowers, hidden secrets, and espionage, focusing on a Chinese spy who was eventually caught. The podcast delves into espionage stories, highlighting clandestine operations and intelligence activities related to China. Listen on the iHeartRadio App or Apple Podcasts for a compelling mix of secrets, superpowers, and spy intrigue.


Superpowers often evoke images of extraordinary abilities, such as invisibility, telekinesis, or flight. These fictional powers captivate audiences worldwide, fueling dreams of transcending human limits. In reality, nations like the United States and China possess advanced technological and military capabilities that give them strategic advantages, sometimes seen as modern-day superpowers.

Secrets are the backbone of national security, with espionage playing a crucial role in maintaining dominance. Spies operate covertly to gather intelligence, often risking their lives. Their clandestine activities involve complex tradecraft, secret codes, and high-stakes deception. These hidden operations can shape global politics, influence economic policies, and sway military decisions.

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The Chinese spy who got caught exemplifies the peril of espionage. Accused of clandestine activities in foreign countries, his detention became a diplomatic incident, highlighting the thin line spies walk. Such cases remind us that while secrets can secure a nation’s advantage, exposure can lead to diplomatic tensions, legal consequences, and damaged trust between nations.

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India’s mango farmers are being urged to innovate as climate change makes cultivation “unpredictable”.

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Keurig Dr Pepper unveils 35 new beverages in major expansion

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Keurig Dr Pepper unveils 35 new beverages in major expansion

Beverage giant Keurig Dr Pepper is significantly expanding its portfolio this year, unveiling more than 35 new drinks across its soda, tea, water, juice and energy brands.

The Burlington, Massachusetts- and Frisco, Texas-based company announced Wednesday that the lineup will feature flavors such as Dr Pepper Creamy Coconut, A&W Root Beer Float, 7UP Shirley Temple and Canada Dry Fruit Splash Strawberry, among others.

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Consumers want beverages that fit every need throughout their day,” Katie Webb, vice president of innovation at Keurig Dr Pepper, said in a statement.

Several of the launches will be limited-time offerings. 

HEINEKEN TO CUT UP TO 6,000 JOBS GLOBALLY, LOWERS PROFIT GROWTH FORECAST AMID INDUSTRY STRUGGLES

dr-pepper-creamy-coconut-cans

Limited-edition Dr Pepper Creamy Coconut and Dr Pepper Creamy Coconut Zero Sugar return to shelves in April 2026. (Keurig Dr Pepper / Unknown)

Dr Pepper Creamy Coconut returns in April, followed by A&W Root Beer Float in July. 

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7UP Shirley Temple is slated for a nationwide rollout during the holiday season.

Snapple will introduce a limited-time raspberry tea and lemonade blend this summer in celebration of America’s 250th birthday. The brand is also refreshing its packaging and logo beginning in March.

Canada Dry is expanding its Fruit Splash line with a new strawberry flavor set for a nationwide launch in February.

KEURIG RECALLS MORE THAN 80K MCCAFÉ DECAF K-CUP PODS OVER CAFFEINE MIX-UP

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Keurig Dr Pepper said citrus flavors continue to resonate with younger consumers, driving launches such as Bai Barù Blood Orange and Kroger-exclusive 7UP Endless Summer Mandarin Orange.

The company also said zero-sugar sodas are generating six times more dollar growth than regular varieties, and all 2026 carbonated soft drink innovations will be offered in both regular and zero-sugar options. 

Mott’s will debut its first zero-sugar juice drink line in March.

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In the energy category, brands including GHOST, C4, Bloom and Black Rifle are also expanding flavor offerings.

MCDONALD’S PLANS MASSIVE OVERHAUL WITH MAJOR CHANGES TO RESTAURANTS AND MENUS

aw-root-beer-float

Cans of A&W Root Beer Float and A&W Root Beer Float Zero Sugar, set to launch in July 2026. (Keurig Dr Pepper / Unknown)

According to Keurig Dr Pepper’s State of Beverages 2025 Trend Report, 44% of Americans – and 72% of Gen Z consumers – try new beverages each month.

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“Dr Pepper Creamy Coconut was inspired by viral social media trends and its comeback is powered by pure consumer love – when fans rally this hard for a flavor, we listen,” Webb added.

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These productions have been sticking to romance or family drama to keep costs down as they need fewer visual effects. But now AI can “elevate low-budget productions into more ambitious genres such as sci-fi, period drama and, now, action”, Kwok says.

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TOPPAN Holdings Inc. 2026 Q3 – Results – Earnings Call Presentation (OTCMKTS:TOPPY) 2026-02-19

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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