Fomento Económico Mexicano, S.A.B. de C.V. (FMX)

NYSE: FMX · Real-Time Price · USD
100.13
+0.93 (0.94%)
At close: Mar 28, 2025, 4:00 PM
98.78
-1.35 (-1.35%)
After-hours: Mar 28, 2025, 5:21 PM EDT
0.94%
Market Cap 31.22B
Revenue (ttm) 37.51B
Net Income (ttm) 1.35B
Shares Out 3.58B
EPS (ttm) 0.38
PE Ratio 23.08
Forward PE 17.66
Dividend $0.20 (0.20%)
Ex-Dividend Date Jan 17, 2025
Volume 462,259
Open 99.03
Previous Close 99.20
Day's Range 98.54 - 100.47
52-Week Range 81.08 - 131.11
Beta 0.39
Analysts Buy
Price Target 103.95 (+3.82%)
Earnings Date Apr 25, 2025

About FMX

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstor... [Read more]

IPO Date May 11, 1998
Employees 392,932
Stock Exchange NYSE
Ticker Symbol FMX
Full Company Profile

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 13.50 billion, a decrease of -79.45%.

Financial numbers in MXN Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for FMX stock is "Buy." The 12-month stock price forecast is $103.95, which is an increase of 3.82% from the latest price.

Price Target
$103.95
(3.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

25 days ago - GlobeNewsWire

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...

25 days ago - Seeking Alpha

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,...

26 days ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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 ...

4 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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 ...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

Other symbols: DK
6 months ago - Business Wire

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 ...

8 months ago - GlobeNewsWire

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...

Other symbols: DK
8 months ago - Business Wire

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...

8 months ago - Seeking Alpha

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q2 2024 Earnings Call Transcript

Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Juan Fonseca - Vice President, Investor Relations Martín Arias - ...

8 months ago - Seeking Alpha

FEMSA Announces Second Quarter 2024 Results

MONTERREY, Mexico, July 24, 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 ...

8 months ago - GlobeNewsWire

Mill Point Capital Announces Carve-Out of FEMSA's Commercial Refrigeration and Foodservice Equipment Businesses

KENNESAW, Ga.--(BUSINESS WIRE)--An affiliate of Mill Point Capital LLC (“Mill Point Capital”), a lower middle-market private equity firm focused on control-oriented investments in the industrials, bus...

9 months ago - Business Wire

FEMSA announces agreement with Mill Point Capital to divest FEMSA's refrigeration and foodservice equipment operations

MONTERREY, Mexico, July 17, 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...

9 months ago - GlobeNewsWire

FEMSA Schedules Conference Call to Discuss Second Quarter Financial Results

MONTERREY, Mexico, July 08, 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...

9 months ago - GlobeNewsWire

FEMSA ANNOUNCES EARLY TENDER RESULTS AND ACCEPTANCE OF NOTES FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER

MONTERREY, Mexico , June 17, 2024 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced the early tender results and acceptance for i...

10 months ago - PRNewsWire