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as 06-28-2024 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: | 208.9B | IPO Year: | 1998 |
| Target Price: | $131.50 | AVG Volume (30 days): | 683.0K |
| Analyst Decision: | Buy | Number of Analysts: | 6 |
| Dividend Yield: | 0.10% | Dividend Payout Frequency: | Semi-Annual |
| EPS: | 1.79 | EPS Growth: | 175.63 |
| 52 Week Low/High: | $99.24 - $143.43 | Next Earning Date: | 07-25-2024 |
| Revenue: | $41,432,311,321 | Revenue Growth: | 17.70% |
| Revenue Growth (this year): | 15.16% | Revenue Growth (next year): | 9.11% |
Latest Fomento Economico Mexicano S.A.B. de C.V. News
FMX Breaking Stock News: Dive into FMX Ticker-Specific Updates for Smart Investing
PR Newswire
12 days ago
FEMSA ANNOUNCES EARLY TENDER RESULTS AND ACCEPTANCE OF NOTES FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER
MT Newswires
13 days ago
Fomento Economico Mexicano Discloses Total Consideration for Tender Offer for 3.5% Notes due 2050
PR Newswire
13 days ago
FEMSA ANNOUNCES THE TOTAL CONSIDERATION FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER
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17 days ago
Can FEMSA (FMX) Stock Regain Momentum on Effective Strategies?
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