Fomento Economico Mexicano SAB de CV (FMX)
| Market Cap | 30.76B |
| Revenue (ttm) | 1.25B |
| Net Income (ttm) | 9.45M |
| Shares Out | 357.82M |
| EPS (ttm) | -0.73 |
| PE Ratio | n/a |
| Forward PE | 30.12 |
| Dividend | $0.14 |
| Dividend Yield | 0.16% |
| Trading Day | June 16 |
| Last Price | $84.81 |
| Previous Close | $85.28 |
| Change ($) | -0.47 |
| Change (%) | -0.55% |
| Day's Open | 85.35 |
| Day's Range | 84.33 - 85.51 |
| Day's Volume | 277,414 |
| 52-Week Range | 51.80 - 86.86 |
FEMSA's (FMX) first-quarter results reflect sequential improvements across most of its segments compared with fourth-quarter 2020. Sales growth and lower interest expense aid earnings.
MONTERREY, Mexico, April 29, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the first ...
MONTERREY, Mexico, April 28, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or “the Company”) (NYSE: FMX; BMV: FEMSAUBD) announced the placement of Euro-denominated sustain...
FEMSA (FMX) Q1 results are likely to reflect gains from digital initiatives and business expansion endeavors as well as gross margin growth. Soft pandemic-led sales trends are likely to have hurt.
MONTERREY, Mexico, April 14, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F for the fiscal yea...
MONTERREY, Mexico, April 08, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its First Quarter 2021 Co...
MONTERREY, Mexico, March 24, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or “the Company”) (NYSE: FMX; BMV: FEMSAUBD) held its Annual Ordinary General Shareholders Meeti...
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FEMSA (FMX) is poised to capitalize on the shift to e-commerce through its digital initiatives and business-expansion endeavors. A positive gross margin trend builds optimism.
KOF vs. FMX: Which Stock Is the Better Value Option?
MONTERREY, Mexico, March 02, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announces that its Board of Directors has proposed an ordinary divid...
FEMSA's (FMX) Q4 results reflect the impacts of the COVID-19 pandemic due to reduced consumer mobility and operating restrictions across its segments, particularly OXXO and OXXO Gas operations.
MONTERREY, Mexico, March 01, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the fourth...
On Monday, March 01, Fomento Economico (NYSE:FMX) will release its latest earnings report. Here is Benzinga's outlook for the company.
Positive sales mix, tight expense control and a strong digital business are likely to have aided FEMSA's (FMX) Q4 performance. Softness in the Fuel Division and higher operating expenses remain headwinds.
MONTERREY, Mexico, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Fourth Quarter and Ful...
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FEMSA (FMX) is on track to expand presence in the specialized distribution industry in the United States through the acquisition of two independent businesses in the industry.
MONTERREY, Mexico, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today it has reached agreements to acquire two independent ...
FEMSA posted better than expected third quarter results, but the beat was driven largely by Coca-Cola FEMSA, and underlying results at the OXXO convenience store business remain weak. OXXO's business mo...
Fomento Económico Mexicano, SAB de C.V. (FMX) CEO Miguel Eduardo Silva on Q3 2020 Results - Earnings Call Transcript
FEMSA's (FMX) third-quarter 2020 results continued to reflect the impacts of the pandemic-led disruptions. However, it witnesses sequential recovery due to the easing of restrictions.
MONTERREY, Mexico, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the third q...
FEMSA (FMX) has been witnessing softness across all segments, owing to the coronavirus-led restrictions, which are likely to have resulted in reduced traffic trends in the third quarter.
MONTERREY, Mexico, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced that its subsidiary, FEMSA Comercio has reached an agreemen...
MONTERREY, Mexico, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Third Quarter 2020 Con...
FEMSA Hit Hard As It Proves Less Defensive Than Hoped
Income Investors (and most others) should avoid market uncertainty, getting protected yield, and downside market protection. This is especially true in today's virus clouded economic outlook.
FEMSA (FMX) second-quarter results reflect significant impacts of the coronavirus outbreak across all segments caused by restrictions on mobility, soft consumer demand and lower supplies.
Fomento Economico Mexicano SAB de CV (FMX) CEO Eduardo Padilla on Q2 2020 Results - Earnings Call Transcript
MONTERREY, Mexico, July 24, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the secon...
FEMSA's (FMX) second-quarter 2020 results are expected to reflect impacts of the pandemic, which has led to soft traffic trends across all divisions due to restrictions on mobility and elevated costs.
MONTERREY, Mexico, July 09, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Second Quarter 2020 ...
MONTERREY, Mexico, June 25, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced the successful placement of a US$700 million re-tap to it...
MONTERREY, Mexico, May 29, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced that it reached an agreement with the Mexican tax authorit...
FEMSA Has Value Here, But Corporate Strategy Is Now Controversial
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) CEO Eduardo Padilla on Q1 2020 Results - Earnings Call Transcript
FEMSA (FMX) delivers strong first-quarter 2020 results on robust top-line growth and higher operating income across most of its business units amid the coronavirus crisis.
MONTERREY, Mexico, April 30, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the firs...
MONTERREY, Mexico, April 28, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F for the fiscal y...
MONTERREY, Mexico, March 20, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or “the Company”) (NYSE: FMX; BMV: FEMSAUBD) held its Annual Ordinary General Shareholders Mee...
MONTERREY, Mexico, March 12, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announces that its Board of Directors has proposed an ordinary div...
FEMSA (FMX) is likely to enter the Jan-San, Packaging and Specialized distribution industry in the United States through pacts with WAXIE and North American.
MONTERREY, Mexico, March 09, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that it has entered into definitive agreements wit...
Fomento Economico Mexicano SAB de CV (FMX) CEO Eduardo Padilla on Q4 2019 Results - Earnings Call Transcript
OXXO Carrying The Load For FEMSA
FEMSA's (FMX) Q4 earnings miss estimates on a decline in operating income at the FEMSA Comercio Health Division and Coca-Cola FEMSA. Top-line growth across most operations fuels total revenues.
FEMSA's (FMX) Q4 results might reflect growth across all segments on strength across regions, robust pricing and revenue-management initiatives. Higher expenses might have hurt margins.
MONTERREY, Mexico, Feb. 12, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced the successful placement of a US$300 million re-tap to it...
MONTERREY, Mexico, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced the placement of a U.S.-denominated SEC-registered offeri...
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, including low-sugar or sugar-free carbonated beverages; refreshing juices, nectars, and fruit-based drinks; purified, and carbonated and flavored water; coffees, teas, and sports and energy drinks; and dairy products and products based on vegetable protein. It also operates small-box retail chain stores in Mexico, Colombia, Peru, the United St... [Read more...]
| Industry Beverages-Brewers | IPO Date May 11, 1998 |
| CEO Miguel Eduardo Padilla Silva | Employees 313,693 |
| Stock Exchange NYSE | Ticker Symbol FMX |
Financial Performance
In 2020, FMX's revenue was 24.78 billion, a decrease of -95.11% compared to the previous year's 506.71 billion. Earnings were 188.00 million, a decrease of -99.33%.
Analyst Forecasts
According to 13 analysts, the average rating for FMX stock is "Buy." The 12-month stock price forecast is 91.10, which is an increase of 7.42% from the latest price.