|Bid||188.60 x 230000|
|Ask||189.14 x 59700|
|Day's Range||186.99 - 189.39|
|52 Week Range||124.85 - 189.39|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||25.79|
|Forward Dividend & Yield||2.90 (1.62%)|
|1y Target Est||204.29|
The top beer stocks have a market cap exceeding $2 billion and are trading on leading American stock exchanges. Here are the top beer stocks of 2018.
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.
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 ...
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.
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.
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.
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 ...
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.
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.
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.
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.
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 ...
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.
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.
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.
BMV: FEMSAUBD) announced that effective today, Mr. Carlos Salazar Lomelín has resigned to the Board of Directors of FEMSA. Mr. Salazar submitted his resignation as a member of the Board of Directors and Advisor to the Executive Chairman of the Board in order to participate as candidate in the election of president of the Consejo Coordinador Empresarial (“CCE”) of Mexico, position to which he was appointed today.
Is Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for […]
Amid an overall market correction, many stocks that smart money investors were collectively bullish on tanked during the fourth quarter. Among them, Amazon and Netflix ranked among the top 30 picks and both lost around 20%. Facebook, which was the second most popular stock, lost 14% amid uncertainty regarding the interest rates and tech valuations. […]
FEMSA (FMX) misses earnings estimates for third-quarter 2018 mainly due to gains from the sale of stakes in Heineken in the year-ago quarter. Further, currency headwinds hurt results.
Mexican bottler and retailer Fomento Economico Mexicano said on Friday that third-quarter revenue grew nearly 8 percent from a year earlier, driven by higher traffic at its Oxxo convenience store chain. Shares in the company, known as Femsa, were down around 1 percent in Friday afternoon trading. Femsa sold a roughly 5 percent stake in Heineken in September 2017 for about $3 billion.