Tequila giant Becle posts 85% drop in Q3 profit

Becle SAB de CV

28/10/2026 21:34

MEXICO CITY, Oct 28 (Reuters) - Mexico's Becle CUERVO.MX, the world's largest tequila maker, reported on Wednesday an-around 85% plunge in its net profit during the third quarter, missing analysts' expectations.
Net profit for the July-September period fell to 632.6 million pesos ($35.0 million) from a year earlier, well below the 1.07 billion pesos forecast by analysts polled by LSEG. Revenue declined 15% to 9.25 billion pesos ($511 million) compared with the same quarter last year.
($1 = 18.0808 pesos at end-September)

 (Reporting by Natalia Siniawski; Editing by Kylie Madry)
 ((natalia.siniawski@thomsonreuters.com;))