|Bid||162.53 x 230000|
|Ask||162.76 x 59700|
|Day's Range||162.18 - 171.66|
|52 Week Range||124.85 - 171.66|
|PE Ratio (TTM)||13.73|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||196.44|
Mexico's Coca-Cola Femsa , the world's largest Coke bottler, said on Friday it had decided to indefinitely shut down operations in a town in southwestern Mexico after being crippled by violence and organized crime. The firm, a joint venture between Fomento Economico Mexicano (Femsa) and Coca-Cola Co, said it was shuttering operations at its 160-employee distribution center in Ciudad Altamirano in Guerrero state. "The lack of conditions necessary to operate in an efficient and safe way in this area of the state of Guerrero, as well as the recent unwarranted aggression towards one of our workers, led to the company taking this decision," Coca-Cola Femsa said in a statement.
MONTERREY, Mexico, March 16, 2018-- Fomento Económico Mexicano, S.A.B. de C.V. held its Annual Ordinary General Shareholders Meeting today, during which the shareholders approved the Company’ s annual ...
FEMSA (FMX) is losing momentum on grounds of dismal surprise history. However, its focus on strategic initiatives can help it steer through the storm.
Fomento Economico Mexicano S.A.B. de C.V. (FMX), alias FEMSA, reported lower-than-expected results for fourth-quarter 2017 with both the top and the bottom lines lagging estimates.
Mexican bottler and retailer Fomento Economico Mexicano (Femsa) on Tuesday said its net profit fell more than 70 percent in the fourth quarter, hit by the revaluation of assets in its Venezuelan Coca-Cola bottling operation. Net profit in the October-December period was more than 1.83 billion pesos ($93 million), down from nearly 6.7 billion pesos in the same period of 2016. Femsa controls Coca-Cola Femsa, the world's largest Coke bottler, which reported a $1.2 billion net loss in the fourth quarter, hampered by a change in the reporting of its results in Venezuela.
MONTERREY, Mexico, Feb. 27, 2018-- Fomento Económico Mexicano, S.A.B. de C.V. announced today its operational and financial results for the fourth quarter and full year of 2017.. 11.5% income from operations ...
FEMSA (FMX) remains plagued with soft margins for over a year. Moreover, the company cautious outlook for fourth-quarter 2017 and 2018 remain constraints.
MONTERREY, Mexico, Feb. 20, 2018-- Fomento Económico Mexicano, S.A.B. de C.V. today announced that it has modified the start time for its Fourth Quarter and Full Year 2017 Conference Call on Wednesday, ...
MONTERREY, Mexico, Jan. 31, 2018-- Fomento Económico Mexicano, S.A.B. de C.V. is pleased to invite you to participate in its Fourth Quarter and Full Year 2017 Conference Call that will be held on:. Wednesday, ...
Fomento Economico Mexicano, S.A.B. de C.V. (FMX), alias FEMSA, has regained its position in investors' books after a solid third-quarter 2017, which marked a turnaround in the company's dismal surprise trend.
Fomento Economico Mexicano S.A.B. de C.V. (FMX), alias FEMSA, has been witnessing significant surge since reporting a robust third-quarter 2017 that marked a turnaround in the company's dismal earnings trend over the past few quarters.
Mexican bottler and retailer Fomento Economico Mexicano (Femsa) said on Friday it could see a slowdown in sales in the fourth quarter and in 2018 as high inflation, concerns over trade talks and an upcoming election dampen consumer appetite. In a Friday conference call with analysts, Eduardo Padilla, Femsa's corporate and finance director, said consumption could take a hit thanks to inflation, which at close to 6 percent on an annualized basis, is already well above the central bank's 3 percent target. "Inflation has hurt real wage increases and consumer sentiment.
On a per-share basis, the Monterrey, Mexico-based company said it had net income of $5. The Coca-Cola bottler posted revenue of $6.44 billion in the period. Fomento Economico shares have climbed 20 percent ...
Mexican bottler and retailer Fomento Economico Mexicano reported on Thursday a nearly four-fold surge in third-quarter net profit after selling a 5.24 percent stake in Dutch beer company Heineken NV. The ...
Mexican bottler and retailer Fomento Economico Mexicano reported on Thursday a 385 percent surge in third quarter net profit to 32.4 billion pesos after selling a 2.5 billion euros stake in Heineken. The ...
Fomento Económico Mexicano, S.A.B. de C.V. today announced that it has modified the start time for its Third Quarter 2017 Conference Call on Friday, October 27, 2017. The call will now begin at 9:00 AM ...
Fomento Económico Mexicano, S.A.B. de C.V. is pleased to invite you to participate in its Third Quarter 2017 Conference Call that will be held on:
Fomento Economico Mexicano, S.A.B. de C.V. (FMX), alias FEMSA, is benefiting from solid portfolio and robust strategic measures including increasing store count, diversifying business portfolio and focus on core business activities to drive growth.
FEMSA (FMX) divested nearly 5% of its total stake in the Heineken. However, it retains its governance rights and remains a significant stakeholder in Heineken.
A Relative Strength Rating upgrade for Fomento Economico Mexicano shows improving technical performance. Will it continue?
Fomento Economico Mexicano sees its Relative Strength Rating hit the 80-plus level.
Fomento Económico Mexicano, S.A.B. de C.V. announced today that Carlos Salazar Lomelín, FEMSA's Chief Executive Officer, will retire from his position on January 1, 2018, after a long and productive career ...