FEMSAUBD.MX - Fomento Económico Mexicano, S.A.B. de C.V.

Mexico - Mexico Delayed Price. Currency in MXN
174.30
-0.13 (-0.07%)
At close: 2:59PM CDT
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Previous Close174.43
Open174.16
Bid174.07 x 230000
Ask174.39 x 59700
Day's Range174.00 - 175.69
52 Week Range124.85 - 175.69
Volume1,815,484
Avg. Volume2,168,430
Market Cap650.062B
Beta (3Y Monthly)0.73
PE Ratio (TTM)27.03
EPS (TTM)6.45
Earnings DateN/A
Forward Dividend & Yield2.90 (1.66%)
Ex-Dividend Date2019-11-01
1y Target Est204.29
  • GlobeNewswire

    FEMSA Comercio enters Convenience sector in Brazil through Joint Venture with Raízen

    BMV: FEMSAUBD) announced today that it has reached an agreement to enter into a 50-50 Joint Venture with Raízen.  Through this agreement, FEMSA Comercio will acquire a 50% interest in Raízen Conveniências.  The full Enterprise Value of Raízen Conveniências for the purpose of this transaction is R$1,122 Million, free of any debt or cash, and FEMSA Comercio’s 50% interest is therefore valued at R$561 Million. Raízen itself is a 50-50 Joint Venture between Cosan and Shell.  Raízen currently operates more than 6,200 Shell service stations in Brazil, and approximately one thousand of them have a Select brand convenience store today.  The stores are franchised or licensed by Raízen to independent operators.  The Joint Venture agreed upon today is limited to the convenience store business and excludes the fuel service station operations.

  • Thomson Reuters StreetEvents

    Edited Transcript of FEMSAUBD.MX earnings conference call or presentation 26-Jul-19 1:30pm GMT

    Q2 2019 Fomento Economico Mexicano SAB de CV Earnings Call

  • Fomento Economico Mexicano S.A.B. de C.V. (FMX) Q2 2019 Earnings Call Transcript
    Motley Fool

    Fomento Economico Mexicano S.A.B. de C.V. (FMX) Q2 2019 Earnings Call Transcript

    FMX earnings call for the period ending June 30, 2019.

  • GlobeNewswire

    FEMSA Announces Second Quarter 2019 Results

    MONTERREY, Mexico, July 25, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.

  • GlobeNewswire

    FEMSA Announces Time Change for Second Quarter 2019 Results Conference Call

    MONTERREY, Mexico, July 15, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) today announced that it has modified the start time for its.

  • GlobeNewswire

    FEMSA Schedules Conference Call to Discuss Second Quarter 2019 Financial Results

    MONTERREY, Mexico, July 08, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Second.

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  • The Top 5 Beer Stocks of 2018
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    The Top 5 Beer Stocks of 2018

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  • Thomson Reuters StreetEvents

    Edited Transcript of FEMSAUBD.MX earnings conference call or presentation 29-Apr-19 1:30pm GMT

    Q1 2019 Fomento Economico Mexicano SAB de CV Earnings Call

  • GlobeNewswire

    FEMSA Comercio completes acquisition of Corporación GPF in Ecuador

    BMV: FEMSAUBD) announced today that FEMSA Comercio through its majority-owned subsidiary Socofar, it has successfully completed the acquisition of Corporación GPF (“GPF”). GPF is a leading drugstore operator based in Quito, Ecuador, with almost 90 years of solid trajectory, operating more than 620 points of sale nationwide mainly under the Fybeca and SanaSana banners. This transaction represents a new building block of FEMSA Comercio’s drugstore strategy in South America, following its successful acquisition of a controlling stake in the drugstore and distribution platform of Chile-based Socofar in 2015.  Today’s announcement marks another important step for FEMSA Comercio as it brings its considerable retail expertise and Socofar’s deep industry knowledge to the Ecuadorian market and its more than 16 million consumers.

  • Reuters

    Mexico's Femsa reports 2.23 bln peso net profit in 1st quarter

    Mexican bottler and retailer Fomento Economico Mexicano said on Monday its first quarter net profit rose. Net profit in the January to March period for the company, known as Femsa, was 2.23 billion pesos ...

  • GlobeNewswire

    FEMSA Announces First Quarter 2019 Results

    MONTERREY, Mexico, April 29, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.

  • GlobeNewswire

    FEMSA Files 2018 SEC Annual Report

    MONTERREY, Mexico, April 24, 2019 -- 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 the.

  • GlobeNewswire

    FEMSA Schedules Conference Call to Discuss First Quarter 2019 Financial Results

    MONTERREY, Mexico, April 04, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its First.

  • Reuters

    Amazon now taking cash at Mexico's top corner store Oxxo

    Amazon.com Inc is now accepting cash payments at Mexico's top corner store chain, Oxxo, the two said on Monday, opening a major channel for the e-commerce leader to reach millions of people in the country ...

  • GlobeNewswire

    FEMSA Shareholders Approved Ps. 9,692 Million Dividend

    MONTERREY, Mexico, March 22, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX; BMV: FEMSAUBD) (“FEMSA” or “the Company”) held its Annual Ordinary General.

  • Thomson Reuters StreetEvents

    Edited Transcript of FEMSAUBD.MX earnings conference call or presentation 28-Feb-19 3:00pm GMT

    Q4 2018 Fomento Economico Mexicano SAB de CV Earnings Call

  • Reuters

    Profit at Mexico's Femsa jumps almost six-fold in 4th quarter

    Mexican bottler and retailer Fomento Economico Mexicano reported an almost six-fold jump in fourth-quarter net profit on Wednesday, driven by more shopping at its vast Oxxo convenience store chain and growth in its fuel division. The conglomerate known as Femsa posted a 10.6 billion pesos ($539 million) net profit, compared with 1.8 billion pesos in the fourth quarter of 2017. Femsa said the results benefited from a favorable comparison with the previous fourth quarter, when earnings sank due to a change in the reporting of results for Femsa's Coca-Cola bottling unit in struggling Venezuela.

  • GlobeNewswire

    FEMSA Announces Fourth Quarter and Full Year 2018 Results

    MONTERREY, Mexico, Feb. 27, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.

  • Reuters

    Mexico's top corner stores tap into Corona, Pacifico beer

    Mexican bottler and retailer Femsa said on Tuesday it will start selling popular national beers including Corona and Pacifico at its Oxxo stores, Mexico's biggest convenience store chain. Femsa's agreement to bring in the brands, with Anheuser Busch Inbev subsidiary Grupo Modelo, will take effect in April for certain Mexican markets, Femsa, or Fomento Economico Mexicano, said in a statement.

  • Reuters

    Mexico's Femsa says will start selling Grupo Modelo beer at Oxxo stores

    Mexican bottler and retailer Fomento Economico Mexicano, known as Femsa, said on Tuesday it will start selling Grupo Modelo beers at its Oxxo convenience stores. The agreement will begin in April, and ...

  • GlobeNewswire

    OXXO and Grupo Modelo agree on new commercial relationship

    BMV: FEMSAUBD) announced today that its subsidiary Cadena Comercial OXXO, S.A. de C.V. (“OXXO”) has signed an agreement with Grupo Modelo containing the terms for a new commercial relationship to sell the beer brands of Grupo Modelo at OXXO stores. Currently, OXXO sells only the beer brand portfolio of HEINEKEN Mexico.  Under the terms of the agreement announced today, starting in April of 2019 and following a gradual process, OXXO will also start selling the beer brands of Grupo Modelo in certain regions of Mexico, and will cover the entire Mexican territory by the end of 2022.  As an example, the markets where OXXO will start selling both brand portfolios simultaneously during 2019 include Guadalajara and Mexico City.

  • GlobeNewswire

    OXXO and HEINEKEN Mexico extend their commercial relationship

    BMV: FEMSAUBD) announced today that its subsidiary Cadena Comercial OXXO, S.A. de C.V. (“OXXO”) has signed an agreement with Cervezas Cuauhtémoc Moctezuma, S.A. de C.V. (“HEINEKEN Mexico”), and both companies have agreed to an extension of their existing commercial relationship, with certain important changes. The current successful commercial relationship between OXXO and HEINEKEN Mexico began in 2010 and has been conducted under a ten-year agreement, whereby the only beer brands sold by OXXO have been those of the HEINEKEN Mexico portfolio.

  • GlobeNewswire

    FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2018 Financial Results

    MONTERREY, Mexico, Feb. 07, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Fourth.