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as 11-15-2024 4:00pm EST
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.
| Founded: | 1890 | Country: | Mexico |
| Employees: | N/A | City: | N/A |
| Market Cap: | 34.6B | IPO Year: | 1998 |
| Target Price: | $120.33 | AVG Volume (30 days): | 665.1K |
| Analyst Decision: | Buy | Number of Analysts: | 5 |
| Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
| EPS: | 0.33 | EPS Growth: | -65.99 |
| 52 Week Low/High: | $90.01 - $143.43 | Next Earning Date: | 10-28-2024 |
| Revenue: | $38,592,565,124 | Revenue Growth: | 13.58% |
| Revenue Growth (this year): | 14.65% | Revenue Growth (next year): | 9.50% |
Latest Fomento Economico Mexicano S.A.B. de C.V. News
FMX Breaking Stock News: Dive into FMX Ticker-Specific Updates for Smart Investing
Morningstar Research
5 days ago
Analyst Report: Fomento Económico Mexicano, S.A.B. de C.V.
Zacks
12 days ago
FEMSA Sells Refrigeration and Foodservice Division to Mill Point
MT Newswires
13 days ago
Fomento Economico Mexicano Closes $400.5 Million Asset Sale to Mill Point Capital
GlobeNewswire
13 days ago
FEMSA completes divestiture of its refrigeration and foodservice equipment operations to Mill Point Capital
Zacks
19 days ago
FEMSA Q3 Earnings Decline Y/Y, Sales Improve on Segmental Growth
TipRanks
19 days ago
FEMSA Reports Strong Growth in Q3 2024 Results
MT Newswires
19 days ago
FEMSA to Divest Plastics Solutions Operations for $158 Million
GuruFocus.com
20 days ago
Fomento Economico Mexicano SAB de CV (FMX) Q3 2024 Earnings Call Highlights: Strong Revenue ...
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