Fomento Economico Mexicano SAB de CV (FMX)
FMX Stock Price Chart
Key Info
| Market Cap | 8.22B |
| Revenue (ttm) | 1.42B |
| Net Income (ttm) | 78.73M |
| Shares Out | 2.16B |
| EPS (ttm) | 2.28 |
| PE Ratio | 33.27 |
| Forward PE | n/a |
| Dividend | $1.52 |
| Dividend Yield | 2.00% |
Stock Quote
| Trading Day | December 3 |
| Last Price | $75.85 |
| Previous Close | $77.59 |
| Change ($) | -1.74 |
| Change (%) | -2.24% |
| Day's Open | 77.63 |
| Day's Range | 75.48 - 78.15 |
| Day's Volume | 447,838 |
| 52-Week Range | 52.77 - 96.26 |
FMX Stock News
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 b...
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 t...
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 a...
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 Quarte...
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...
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 elevate...
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 Qua...
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...
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 ta...
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 fo...
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 th...
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 Shareh...
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 or...
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 agre...
Fomento Economico Mexicano SAB de CV (FMX) CEO Eduardo Padilla on Q4 2019 Results - Earnings Call Transcript
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...
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-registe...
MONTERREY, Mexico, Jan. 09, 2020 (GLOBE NEWSWIRE) -- Fomento Economico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that it has successfully completed the ac...
FEMSA's (FMX) subsidiary, Solictica completes the acquisition of AGV. This is an important step for Solistica's Brazilian strategy.
MONTERREY, Mexico, Dec. 27, 2019 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that Solistica, FEMSA’s logistics subsidi...
MONTERREY, Mexico, Dec. 23, 2019 (GLOBE NEWSWIRE) -- Fomento Economico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that its minority partner in Grupo Socofa...
FEMSA (FMX) acquires a minority stake in Jetro Restaurant Depot and signs agreement for a JV. The company's logistics subsidiary also makes a deal to acquire AGV.
MONTERREY, Mexico, Nov. 08, 2019 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that it has signed definitive agreements ...
MONTERREY, Mexico, Nov. 08, 2019 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that Solistica, FEMSA’s logistics subsidi...
FEMSA Comercio, a unit of FEMSA (FMX), closes the previously entered JV agreement with Raizen Conveniencias in Brazil, after receiving the necessary regulatory approvals.
MONTERREY, Mexico, Nov. 01, 2019 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that its subsidiary, FEMSA Comercio, S.A....
FEMSA's (FMX) third-quarter 2019 results reflect benefits from strong operating performance across all businesses. Margin growth aids the bottom line.
Fomento Economico Mexicano SAB de CV (FMX) CEO Eduardo Padilla on Q3 2019 Results - Earnings Call Transcript
MONTERREY, Mexico, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for...
MONTERREY, México, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Monterrey, México, 28 de octubre de 2019 — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) anuncia sus re...
FEMSA (FMX) expects strong top-line results for third-quarter 2019. However, a soft margin trend is expected to get reflected in the bottom-line number.
FEMSA (FMX) signs a Memorandum of Understanding to buy a minority stake in Jetro Restaurant Depot. The deal will mark its entry in the U.S.
MONTERREY, Mexico, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that it has signed a non-binding Memoran...
FEMSA (FMX) witnesses positive momentum, owing to earnings beat in second-quarter 2019 and rise in sales. Additionally, the company's growth and expansion efforts place it well for long-term g...
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 323,003 |
| Stock Exchange NYSE | Ticker Symbol FMX |
Financial Performance
In 2019, FMX's revenue was 26.87 billion, a decrease of -94.28% compared to the previous year's 469.74 billion. Earnings were 1.49 billion, a decrease of -95.22%.
Analyst Forecasts
The average 12-month stock price forecast for FMX is 81.33, which is an increase of 7.22% from the latest price.