$ABEV

Evercore said Brazil beverage makers are more optimistic for Q2 2026 despite weather disruptions. Anheuser-Busch InBev cited improved industry direction, with weather offsetting World Cup-driven demand. Ambev said H2 2026 weather forecasts are not worse than 2025 and that weather explains the volume gap vs 2024. Coca-Cola Femsa expects election-related support in H2 2026 and monitors potential 2027 regulatory and tax changes.

Moreira Ricardo Manuel Frangatos Pires sold 468,040 shares of AMBEV S.A. (ABEV) at $3.08 ($1.44M total) on 2026-07-30.

Thursday, July 30, 2026 at 4:00 a.m. ET CALL PARTICIPANTS CEO - Carlos Eduardo Lisboa CFO and Investor Relations Officer - Guilherme Fleury de Figueiredo Parolari TAKEAWAYS Normalized EBITDA -- BRL 6.4 billion, representing 8.9% growth and 80 basis points of margin expansion driven by disciplined decisions across cost and revenue management. Normalized EPS -- BRL 0.22, a 24.2% increase compared to the previous year, supported by improved operating results and lower net financial expenses.

Zagman Paulo Andre (See Remarks) sold 136,250 shares of AMBEV S.A. (ABEV) at $3.41 ($0.46M total) on 2026-05-05.

Brazil’s Ibovespa fell for a fourth straight session, closing at 169,019 (-0.77%) as a stronger U.S. dollar weakened the Brazilian real and other Latin American currencies, according to the article. The real (USD/BRL) rose to about 5.17 (+2.10%). Vale and other commodity stocks led declines; support is cited near 166,000.

Pacer’s Emerging Markets Cash Cows 100 ETF (ECOW) has a 34% one-year return and trades around $27, distributing dividends and interest from its 100 holdings. The article says payout safety depends on underlying free cash flow. It highlights UMC’s rising dividend, but warns Petrobras’ 16.2% trailing yield could be pressured by Brazil’s new 12% crude and 50% diesel export taxes, with 2026 payouts cut about half.

Ambev S.A. recently announced its latest quarterly results, with revenues meeting analyst expectations and statutory profit slightly exceeding them at R$0.24 per share. Following these results, analysts maintained their revenue forecast of R$92.2 billion for 2026, a 4.5% improvement, and an EPS forecast of R$1.00. Despite a small spread in individual analyst price targets, the consensus price target remains at R$15.63, indicating that the company is performing in line with expectations and there's no significant change in sentiment or business fundamentals.

Ambev S.A. announced that its 2025 annual report on Form 20-F was filed with the U.S. Securities and Exchange Commission (SEC) on March 3, 2026. The report is available on both the company's investor relations website and the SEC's database. ADR holders can request a free hard copy of the complete audited financial statements.

Ambev S.A. is experiencing a short-term volume outlook lift due to new Brazilian beer production data for February, despite concerns about rising inventories and potential March output declines. The company is seeking to stabilize its main Brazil operations ahead of first-quarter earnings and continues to push forward with significant shareholder payouts, including dividends and a capital increase. Analysts are watching closely to see if early 2026 performance can offset ongoing cost and FX headwinds, while the company has also warned of potential increases in cash COGS per hectoliter for the year.

Ambev S.A.'s board has proposed the allocation of its R$15.5 billion net profit for 2025, primarily for interest on own capital and various reserves. The company also announced a capital increase through the issuance of over 2 million new common shares resulting from stock option exercises, raising its capital stock to R$58.3 billion. Shareholders will vote on these proposals and other governance changes at a fully digital meeting on April 30, 2026, which will also cover management compensation for 2026.