Fomento Económico Mexicano, S.A.B. de C.V. (FMX)
| Market Cap | 33.67B |
| Revenue (ttm) | 39.19B |
| Net Income (ttm) | 1.45B |
| Shares Out | 3.58B |
| EPS (ttm) | 0.40 |
| PE Ratio | 23.24 |
| Forward PE | 18.78 |
| Dividend | $0.23 (0.23%) |
| Ex-Dividend Date | Apr 24, 2025 |
| Volume | 483,612 |
| Open | 104.62 |
| Previous Close | 103.97 |
| Day's Range | 101.71 - 104.81 |
| 52-Week Range | 81.08 - 123.09 |
| Beta | 0.30 |
| Analysts | Buy |
| Price Target | 103.95 (+2.18%) |
| Earnings Date | Apr 28, 2025 |
About FMX
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. It produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. The company also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, Brazil, and the United States under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in M... [Read more]
Financial Performance
In 2024, FMX's revenue was 781.59 billion, an increase of 11.23% compared to the previous year's 702.69 billion. Earnings were 26.74 billion, a decrease of -59.30%.
Financial numbers in MXN Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for FMX stock is "Buy." The 12-month stock price forecast is $103.95, which is an increase of 2.18% from the latest price.
News
FEMSA Files 2024 SEC Annual Report
MONTERREY, Mexico, April 30, 2025 (GLOBE NEWSWIRE) -- Fomento Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on F...
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q1 2025 Earnings Call Transcript
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q1 2025 Earnings Conference Call April 28, 2025 10:00 AM ET Company Participants Juan Fonseca - IR Jose Antonio Fernandez Carbajal - CEO Martin A...
FEMSA Announces First Quarter 2025 Results
MONTERREY, Mexico, April 28, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for...
FEMSA: Mexico's Premier Conglomerate Is On The Right Track
A lot is finally going right for Femsa's capital allocation. The Oxxo-driven earnings growth story is also playing out. Investors get paid a good yield to sit and wait.
FEMSA Shareholders' Meeting Resolutions
MONTERREY, Mexico, April 11, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders' Meeting to...
Comprehensive Q1 Review Of My Stock Picks + Ratings Updates
Although there is one day left in Q1, I'm pleased to present a detailed review of my Q1 stock picks, along with updated commentary and ratings. Today's report begins with an unconventional review of A...
FEMSA Announces the date for its Annual Shareholders' Meeting
MONTERREY, Mexico, March 03, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces it will hold its Annual Ordina...
FEMSA Languishing As Consumer Activity Slows And Capex Deployments Continue
FEMSA shares have underperformed on weak store traffic numbers, and Mexican consumer spending is a key concern for 2025. Despite challenges, FEMSA's Q4 results exceeded expectations, with strong reven...
FEMSA: Q4 Rebound In Proximity America's Growth Is Encouraging - Maintain Buy Rating
Worries about stunted growth in FEMSA's OXXO convenience store chain were eased, as the Q4 report indicated a rebound. While Mexican stocks are not popular right now due to U.S. trade tariff concerns,...
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q4 2024 Earnings Call Transcript
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Juan Fonseca - Director, Investor Relations José Antonio Fern...
FEMSA Announces Fourth Quarter and Full Year 2024 Results
MONTERREY, Mexico, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for ...
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results
MONTERREY, Mexico, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate i...
FEMSA completes divestiture of its plastics solutions operations to AMMI, affiliate of Milenio Capital
MONTERREY, Mexico, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of...
FEMSA Looks Like A Terrific Contrarian Pick In Times Of Fear For Mexico
FEMSA is a collection of high-quality businesses, mostly in Latin America, and has seen its stock price falter in recent quarters. The company has diverse operations, including Coca-Cola FEMSA, OXXO c...
Mill Point Capital Completes Acquisition of AeriTek Global LLC
KENNESAW, Ga.--(BUSINESS WIRE)--An affiliate of Mill Point Capital LLC ("Mill Point Capital"), a New York City-based private equity firm, announced today the completion of its previously announced acq...
FEMSA completes divestiture of its refrigeration and foodservice equipment operations to Mill Point Capital
MONTERREY, Mexico, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of...
FEMSA announces agreement with AMMI, affiliate of Milenio Capital, to divest FEMSA's plastics solutions operations
MONTERREY, Mexico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agr...
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q3 2024 Earnings Call Transcript
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q3 2024 Earnings Conference Call October 28, 2024 10:30 AM ET Company Participants Juan Fonseca - Director, IR José Antonio Fernández Garza-Lagüe...
FEMSA Announces Third Quarter 2024 Results
MONTERREY, Mexico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for ...
FEMSA Schedules Conference Call to Discuss Third Quarter Financial Results
MONTERREY, Mexico, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate i...
FEMSA announces agreement with TRAXIÓN to divest certain of FEMSA's logistics operations
MONTERREY, Mexico, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agr...
Delek US Holdings, Inc. Announces Closing of Sale of Retail Assets to FEMSA
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) announced today the closing of the previously announced sale of 100% of the equity interests in the Delek subsidiaries th...
FEMSA to enter the Convenience Store Industry in the United States
MONTERREY, Mexico, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that it has entered into ...
Definitive Agreement Signed for FEMSA's Acquisition of Retail Assets from Delek US
NASHVILLE, Tenn--(BUSINESS WIRE)--FEMSA (NYSE:FMX) and Delek US Holdings, Inc. (NYSE:DK) (“Delek”) have entered into a definitive agreement, whereby a subsidiary of FEMSA will acquire 100% of the equi...
FEMSA's Mixed Second Quarter Isn't A Cause For Concern
FEMSA's Q2 results were mixed, with strong performance from Coca-Cola FEMSA driving the upside and offsetting weaker results in other segments. Weaker growth from Oxxo this quarter isn't a major conce...