Fomento Económico Mexicano, SAB de CV (FMX)

NYSE: FMX · IEX Real-Time Price · USD
89.56
+1.49 (1.69%)
Mar 24, 2023, 4:00 PM EDT - Market closed
1.69%
Market Cap 151.70B
Revenue (ttm) 27.13B
Net Income (ttm) 1.39B
Shares Out 1.69B
EPS (ttm) 0.69
PE Ratio 24.54
Forward PE 16.78
Dividend $0.09 (0.10%)
Ex-Dividend Date Nov 3, 2022
Volume 428,333
Open 87.38
Previous Close 88.07
Day's Range 87.38 - 90.01
52-Week Range 58.73 - 95.81
Beta 0.46
Analysts Buy
Price Target 113.84 (+27.11%)
Earnings Date May 1, 2023

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 342,363
Stock Exchange NYSE
Ticker Symbol FMX
Full Company Profile

Financial Performance

Financial numbers in MXN Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for FMX stock is "Buy." The 12-month stock price forecast is $113.84, which is an increase of 27.11% from the latest price.

Price Target
$113.84
(27.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

FEMSA ANNOUNCES FINAL TENDER RESULTS AND ACCEPTANCE OF NOTES FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFERS

MONTERREY, Mexico , March 17, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) ("FEMSA") today announced the final tender results and acceptance for ...

1 week ago - PRNewsWire

FEMSA Announces Ordinary Dividend Proposal for 2023

MONTERREY, Mexico, March 09, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces that its Board of Directors ha...

2 weeks ago - GlobeNewsWire

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

MONTERREY, Mexico , March 3, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) ("FEMSA") today announced the early tender results and acceptance for i...

3 weeks ago - PRNewsWire

FEMSA ANNOUNCES THE TOTAL CONSIDERATION FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFERS

MONTERREY, Mexico , March 2, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (NYSE: FMX ) (BMV: FEMSAUBD, FEMSAUB) ("FEMSA") today announced the total consideration for its previously ...

3 weeks ago - PRNewsWire

FEMSA Announces the date for its Shareholders' Meetings

MONTERREY, Mexico, March 01, 2023 (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...

3 weeks ago - GlobeNewsWire

FEMSA Announces Fourth Quarter and Full Year 2022 Results

MONTERREY, Mexico, Feb. 24, 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 ...

1 month ago - GlobeNewsWire

Fomento Economico (FMX) is a Great Momentum Stock: Should You Buy?

Does Fomento Economico (FMX) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Why FEMSA (FMX) Looks Poised for an Earnings Beat in Q4

FEMSA's (FMX) Q4 results are expected to reflect gains from strong demand, growth in the digital business and expansion into the specialized distribution industry.

1 month ago - Zacks Investment Research

FEMSA ANNOUNCES IN CONNECTION WITH TENDER OFFERS

MONTERREY, Mexico, Feb. 17, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has amended and restated the offer to purcha...

1 month ago - PRNewsWire

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 REGULATION ...

1 month ago - GlobeNewsWire

FEMSA ANNOUNCES COMMENCEMENT OF TENDER OFFER

MONTERREY, Mexico, Feb. 16, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has commenced offers to purchase for cash (t...

1 month ago - PRNewsWire

Mexico's FEMSA to launch $3.5 bln share, notes offer in Heineken divestment bid

Mexican bottling and retail conglomerate FEMSA will offer a total of 3.5 billion euros ($3.7 billion) in common shares and unsecured notes in Dutch beer giant Heineken as it looks to divest from the c...

1 month ago - Reuters

Heineken N.V. to participate in equity offering by FEMSA

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 REGULATION ...

1 month ago - GlobeNewsWire

FEMSA announces an 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 REGULATION ...

1 month ago - GlobeNewsWire

Heineken Holding N.V. notes FEMSA's intention to divest its shareholding in Heineken Holding N.V.

Amsterdam, 16 February 2023 – Heineken Holding N.V. notes the announcement by FEMSA on the outcome of its strategic review. FEMSA announced that it has decided to focus solely on retail, Coca-Cola FEM...

1 month ago - GlobeNewsWire

HEINEKEN notes FEMSA's intention to divest its shareholding in Heineken N.V. and Heineken Holding N.V.

Amsterdam , 1 6 February 202 3 – HEINEKEN N.V. (“H EINEKEN”) notes the announcement by FEMSA on the outcome of its strategic review. FEMSA announced that it has decided to focus solely on retail, Coca...

1 month ago - GlobeNewsWire

FEMSA Forward: Announcing results of strategic review

MONTERREY, Mexico, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that its Board of Directo...

1 month ago - GlobeNewsWire

FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2022 Financial Results

MONTERREY, Mexico, Feb. 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 i...

1 month ago - GlobeNewsWire

FMX or BROS: Which Is the Better Value Stock Right Now?

FMX vs. BROS: Which Stock Is the Better Value Option?

Other symbols: BROS
1 month ago - Zacks Investment Research

FEMSA signs agreement with Volaris to become the initial partner of FEMSA's new coalition loyalty program

MONTERREY, Mexico, Jan. 23, 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 signed, throu...

2 months ago - GlobeNewsWire

The Top 7 Emerging Market Stocks to Consider for Diversification

While the U.S. equities sector generally represents the most stable option for the lion's share of investors, in some cases, it's helpful to expand one's horizons with the top emerging market stocks t...

Other symbols: DQKLICMMYTSBSWSEVALE
2 months ago - InvestorPlace

Will FEMSA's (FMX) Digital Strategy Aid Growth Amid Cost Woes?

FEMSA (FMX) looks good on continued growth in the digital business as well as strength across all segments. The expansion strategy of its national distribution platform is on track.

4 months ago - Zacks Investment Research

FEMSA Announces Successful Sustainability Linked Bond Issuance in the Mexican Market

MONTERREY, Mexico, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced the placement of Mexican Peso-d...

4 months ago - GlobeNewsWire

FEMSA (FMX) to Expand Digital Payments With NetPay Buyout

FEMSA (FMX) entered a deal to acquire NetPay to expand its digital payment portfolio, and support micro, small and medium-sized businesses in Mexico.

4 months ago - Zacks Investment Research

FEMSA signs agreement to acquire NetPay, as part of its digital and financial solutions ecosystem

MONTERREY, Mexico, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that its subsidiaries hav...

4 months ago - GlobeNewsWire