|Bid||75.50 x 1400|
|Ask||88.81 x 900|
|Day's Range||88.35 - 89.31|
|52 Week Range||80.86 - 100.35|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||38.89|
|Forward Dividend & Yield||1.54 (1.74%)|
|1y Target Est||108.45|
FEMSA (FMX) gains from initiatives like expanding store base, diversifying the business portfolio and focusing on core business. But soft margin trend and increased costs are deterrents.
Monster Beverage (MNST) reports softer-than-anticipated sales and earnings results in second-quarter 2019. Higher costs and soft margins affect the company despite strength in the Monster Energy brand.
FEMSA Comercio to buy a 50% stake in the Brazilian Raizen Conveniencias for R$561 million. This move is likely to prove beneficial to FEMSA (FMX).
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.
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.
FEMSA's (FMX) second-quarter 2019 results are likely to be impacted by ongoing cost headwinds, which should continue to hurt margins. However, its growth efforts might provide some respite.
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.
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.
FEMSA (FMX) is in doldrums, thanks to the negative operating margins trend stemming from softness at its operating segments. Its portfolio diversification efforts may cushion the stock.
U.S. President Donald Trump announced a 5-percent tariff on all goods coming from Mexico, demanding the country curb illegal immigration into the U.S. Trump has long accused Mexico of not doing enough ...
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.
FEMSA's (FMX) results for first-quarter 2019 may continue to bear impacts of soft margins and higher costs. However, the company's growth efforts may bring some relief.
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.
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.