Key Highlights

  • Wal-Mart de Mexico (OTC:WMMVF) is scheduled to publish third-quarter results on Tuesday, October 27, 2026, with consensus earnings of 0.71 per share in peso terms, after a slower second quarter and a reduced 2026 outlook.
  • Embotelladora Andina (NYSE:AKO.B) is listed to report after the close, with a published estimate of 363.02 probably in Chilean pesos, and a dividend of CLP 40.15 per share already set.
  • Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) is listed after the close, date unconfirmed, with consensus of USD 1.81 per share, after July passengers rose 3.9% following a second quarter of 0.4%.
  • The common theme is currency and consumption: all three earn in local currencies, so the peso and the Federal Reserve decision on Wednesday, October 28, 2026 bear on reported results and sentiment.

Wal-Mart de Mexico (OTC:WMMVF): same-store sales after a slowdown

Wal-Mart de Mexico (OTC:WMMVF) operates Walmart Supercenter, Bodega Aurrera discount stores, Sam's Club and Superama formats in Mexico and Central America, and it is scheduled to publish third-quarter results on Tuesday, October 27, 2026, with the report timed for the Mexican market. Consensus earnings are 0.71 per share, a peso figure and not a US dollar one. Published commentary described the second quarter as a slowdown, and the company subsequently reduced its 2026 outlook, with the detail set out in its filings. The shares trade about 27% below their high, according to market data. Results cannot be known in advance.

The stock is valued on same-store sales, which compare revenue from stores open for at least a year, and on gross and operating margin. Wage increases in Mexico lift labour costs, a stronger peso lowers the cost of imported goods and a weaker peso raises it. Competition from discount chains, convenience stores and online marketplaces limits pricing power. Consensus of 0.71 per share also depends on the tax rate and on spending on new stores, and Mexican retail rests on household income, remittances and the peso.

The bull case is same-store sales that recover from the second-quarter slowdown with stable margins, which would likely lift the shares. The bear case is weaker traffic, a margin squeeze or another guidance cut. The over-the-counter line trades far less than the Mexican listing, so currency moves can shift returns even when local results are stable.

Embotelladora Andina (NYSE:AKO.B): bottling volumes and currency translation

Embotelladora Andina (NYSE:AKO.B) bottles and distributes Coca-Cola beverages in Chile, Brazil, Argentina and Paraguay, and it is listed to report after the close on Tuesday, October 27, 2026. The Series A shares trade as NYSE:AKO.A and carry no separate estimate. A consensus figure of 363.02 is published, probably in Chilean pesos, so it is not comparable with a dollar estimate. The company reported stronger earnings for the second quarter and the first six months of 2026 in a release of Tuesday, July 28, 2026. Results cannot be known in advance.

The company reports in Chilean pesos but earns in pesos, Brazilian reais, Argentine pesos and Paraguayan guarani, so currency translation can swing reported profit as much as case volumes. Inputs such as sugar, aluminium and plastic resin are often priced in dollars, so a weaker local currency raises costs, while pricing in high-inflation Argentina lags. The dividend of CLP 40.15 per share indicates management confidence in cash generation. The southern hemisphere summer quarter begins in October, so the result is an early guide to the seasonal peak.

The bull case is volume growth in Brazil and Chile with stable gross margins. The bear case is currency weakness, higher input costs or weak consumption in Argentina. Volumes, margins and the unit of the estimate matter more than a single per-share comparison.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB): commercial income against flat traffic

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB), known as OMA, operates 13 airports in central and northern Mexico, among them Monterrey, and its American depositary shares trade in New York. It is listed to report after the close on Tuesday, October 27, 2026, although the prior-year report came on Thursday, October 23, 2025, so the timing should be confirmed with the company. Consensus earnings are USD 1.81 per share. In the second quarter, passengers rose 0.4% to 7.2 million, net income rose 10.2% to MXN 1.5 billion and adjusted EBITDA rose 6.6% to MXN 2.7 billion at a 75.2% margin. Results cannot be known in advance.

The company earns regulated aeronautical fees per passenger plus commercial income from retail, parking and real estate, so margins stay high even when traffic is flat. International traffic fell 1.2% in the quarter, while July passengers rose 3.9% to 2,808,787, with international up 7.5%. Commercial revenue rose 7% and diversification revenue rose 17%. Reports are in pesos and the ADR consensus is in dollars, so the exchange rate matters. Five brokers covering the ADR hold an average target of USD 134, and the Mexican line traded near MXN 212.58 on October 5, close to the low of a 52-week range of MXN 205.16 to MXN 289.74, so sentiment is subdued.

The bull case is passenger growth above the 2.6% year-to-date pace with an EBITDA margin near 75%. The bear case is falling international traffic, higher costs or a weaker peso, which could extend pressure on shares near the low of their 52-week range.

Where Things Stand

The answer is that the three need to show that local demand and margins can absorb currency noise. Wal-Mart de Mexico (OTC:WMMVF) needs to show that the second-quarter slowdown was temporary, and consensus of 0.71 per share is a modest bar if same-store sales recover. Embotelladora Andina (NYSE:AKO.B) enters after a stronger first half, with volumes and currency effects carrying the reaction more than a unit-dependent estimate. Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) can meet USD 1.81 if commercial income and recovering traffic hold margins.

The next catalysts are the reports on Tuesday, October 27, 2026, the Federal Reserve decision on Wednesday, October 28, 2026, which follows the rate increase of Wednesday, September 16, 2026, and the peso reaction that follows. Consensus figures, guidance and exchange rates can change, and this is not investment advice.