Fomento Económico Mexicano, SAB de CV (FMX)

NYSE: FMX · IEX Real-Time Price · USD
127.92
-0.06 (-0.05%)
Mar 18, 2024, 4:00 PM EDT - Market closed
-0.05%
Market Cap 229.72B
Revenue (ttm) 34.56B
Net Income (ttm) 1.23B
Shares Out 215.48M
EPS (ttm) 0.71
PE Ratio 112.63
Forward PE 7.24
Dividend $0.10 (0.08%)
Ex-Dividend Date Nov 3, 2023
Volume 1,833,520
Open 128.40
Previous Close 127.98
Day's Range 126.51 - 129.02
52-Week Range 87.17 - 143.43
Beta 0.38
Analysts Buy
Price Target 127.20 (-0.56%)
Earnings Date Apr 26, 2024

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 354,309
Stock Exchange NYSE
Ticker Symbol FMX
Full Company Profile

Financial Performance

In 2022, FMX's revenue was 673.20 billion, an increase of 21.02% compared to the previous year's 556.26 billion. Earnings were 23.91 billion, a decrease of -16.09%.

Financial numbers in MXN Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for FMX stock is "Buy." The 12-month stock price forecast is $127.2, which is a decrease of -0.56% from the latest price.

Price Target
$127.2
(-0.56% downside)
Analyst Consensus: Buy
Stock Forecasts

News

FEMSA Announces Accelerated Share Repurchase Agreement

MONTERREY, Mexico, March 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced that, consistent with it...

3 days ago - GlobeNewsWire

FEMSA Forward - Focused Leadership in Retail, Beverages & Digital

FEMSA announces a redefined corporate organization and senior leadership changes FEMSA announces a redefined corporate organization and senior leadership changes

24 days ago - GlobeNewsWire

FEMSA Announces Fourth Quarter and Full Year 2023 Results

MONTERREY, Mexico, Feb. 23, 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 ...

24 days ago - GlobeNewsWire

FEMSA Announces the date for its Annual Shareholders' Meeting

MONTERREY, Mexico, Feb. 15, 2024 (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 Ordinar...

4 weeks ago - GlobeNewsWire

FEMSA Forward - Focused Leadership in Retail, Beverages & Digital

Advancing FEMSA Forward: Revamping capital allocation strategy to drive long-term intrinsic per-share value Advancing FEMSA Forward: Revamping capital allocation strategy to drive long-term intrinsic ...

4 weeks ago - GlobeNewsWire

FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results

MONTERREY, Mexico, Feb. 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...

5 weeks ago - GlobeNewsWire

FEMSA ANNOUNCES FINAL RESULTS OF ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043

MONTERREY, Mexico , Nov. 9, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced the final results of its previously announced ...

4 months ago - PRNewsWire

FEMSA ANNOUNCES EXPIRATION AND EXPIRATION DATE RESULTS OF ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043

MONTERREY, Mexico , Nov. 6, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced the expiration and expiration date results of ...

4 months ago - PRNewsWire

FEMSA ANNOUNCES THE OFFER CONSIDERATION FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043

MONTERREY, Mexico , Nov. 6, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced the offer consideration for its previously ann...

4 months ago - PRNewsWire

Envoy Solutions and BradyIFS successfully complete transaction

FEMSA Forward Focused Leadership in Retail & Beverages MONTERREY, Mexico, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSA...

4 months ago - GlobeNewsWire

FEMSA ANNOUNCES COMMENCEMENT OF CASH TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043

MONTERREY, Mexico , Oct. 31, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces that it has commenced an offer (the "Tender Offer")...

4 months ago - PRNewsWire

FEMSA Announces Third Quarter 2023 Results

MONTERREY, Mexico, Oct. 27, 2023 (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. 16, 2023 (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 Forward Focused Leadership in Retail & Beverages

Evolving FEMSA's organizational structure and senior leadership team to drive FEMSA Forward Evolving FEMSA's organizational structure and senior leadership team to drive FEMSA Forward

6 months ago - GlobeNewsWire

BradyIFS and Envoy Solutions come together to create a compelling new platform

MONTERREY, Mexico, Aug. 29, 2023 (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 ...

7 months ago - GlobeNewsWire

FEMSA Announces Second Quarter 2023 Results

MONTERREY, Mexico, July 27, 2023 (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

FEMSA Schedules Conference Call to Discuss Second Quarter Financial Results

MONTERREY, Mexico, July 19, 2023 (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...

8 months ago - GlobeNewsWire

FEMSA Forward: Focused Leadership in Retail & Beverages

MONTERREY, Mexico, June 06, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has reached two key mil...

10 months ago - GlobeNewsWire

FEMSA Forward: Announcing divestment of FEMSA's minority position in Jetro Restaurant Depot

MONTERREY, Mexico, May 31, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that consistent with its F...

10 months ago - GlobeNewsWire

FEMSA announces the pricing of the offering of shares of Heineken N.V. and Heineken Holding N.V.

NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATIONS...

10 months ago - GlobeNewsWire

FEMSA announces an approximately EUR 3.3 billion offering of shares of Heineken N.V. and Heineken Holding N.V.

NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR  INTO THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN  REGULATIO...

10 months ago - GlobeNewsWire

FEMSA Announces First Quarter 2023 Results

MONTERREY, Mexico, April 28, 2023 (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...

11 months ago - GlobeNewsWire

FEMSA Files 2022 SEC Annual Report

MONTERREY, Mexico, April 24, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F...

11 months ago - GlobeNewsWire

FEMSA Schedules Conference Call to Discuss First Quarter 2023 Financial Results

MONTERREY, Mexico, April 10, 2023 (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 ...

1 year ago - GlobeNewsWire

FEMSA Shareholders' Meetings Resolutions

MONTERREY, Mexico, March 31, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders' and Extrao...

1 year ago - GlobeNewsWire