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

NYSE - NYSE Delayed Price. Currency in USD
96.04
-0.37 (-0.38%)
At close: 4:02PM EDT
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Previous Close96.41
Open96.64
Bid95.97 x 800
Ask96.10 x 800
Day's Range95.52 - 96.96
52 Week Range80.86 - 101.12
Volume264,575
Avg. Volume369,066
Market Cap20.167B
Beta (3Y Monthly)0.42
PE Ratio (TTM)42.12
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.39 (1.50%)
Ex-Dividend Date2018-11-02
1y Target EstN/A
Trade prices are not sourced from all markets
  • The Top 5 Beer Stocks of 2018
    Investopedia15 hours ago

    The Top 5 Beer Stocks of 2018

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    Ruchir Sharma on Why You Should Buy Emerging Market Stocks

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  • FEMSA (FMX) Reports Strong Q4 Earnings, Sales Lag Estimates
    Zacks2 months ago

    FEMSA (FMX) Reports Strong Q4 Earnings, Sales Lag Estimates

    FEMSA (FMX) reports strong top and bottom lines for the fourth quarter of 2018, backed by strength across all businesses.

  • Reuters2 months ago

    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.

  • FEMSA's OXXO Stores to Bring More Beer Brands to Mexico
    Zacks2 months ago

    FEMSA's OXXO Stores to Bring More Beer Brands to Mexico

    FEMSA's (FMX) OXXO inks a deal with Grupo Modelo to sell its beer brands. Also, the company extends its commercial relationship with HEINEKEN Mexico.

  • Reuters2 months ago

    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.

  • Reuters2 months ago

    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 ...

  • Factors Setting the Tone for FEMSA (FMX) in Q4 Earnings
    Zacks2 months ago

    Factors Setting the Tone for FEMSA (FMX) in Q4 Earnings

    FEMSA's (FMX) fourth-quarter 2018 results might be hurt by higher operating expenses. However, its strategic actions to boost growth remain encouraging.

  • Is Fomento Económico Mexicano, S.A.B. de C.V. (FMX) A Good Stock To Buy?
    Insider Monkey4 months ago

    Is Fomento Económico Mexicano, S.A.B. de C.V. (FMX) A Good Stock To Buy?

    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 […]

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    Here is What Hedge Funds Are Thinking About Merck & Co., Inc. (MRK)

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  • FEMSA (FMX) Earnings Miss, Revenues Beat Estimates in Q3
    Zacks6 months ago

    FEMSA (FMX) Earnings Miss, Revenues Beat Estimates in Q3

    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.

  • Fomento Economico Mexicano S.A.B. de (FMX) Q3 2018 Earnings Conference Call Transcript
    Motley Fool6 months ago

    Fomento Economico Mexicano S.A.B. de (FMX) Q3 2018 Earnings Conference Call Transcript

    FMX earnings call for the period ending September 30, 2018.

  • Reuters6 months ago

    Oxxo stores drive revenue growth at Mexico's Femsa

    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.

  • Associated Press6 months ago

    Fomento Economico: 3Q Earnings Snapshot

    The Monterrey, Mexico-based company said it had profit of 82 cents per share. Earnings, adjusted to account for discontinued operations, came to 72 cents per share. The Coca-Cola bottler posted revenue ...

  • Reuters6 months ago

    Mexico's Femsa reports 3rd qtr profit slips 86 percent

    Mexican bottler and retailer Fomento Economico Mexicano said on Friday its third quarter net profit fell nearly 86 percent compared with the year-earlier period. Net profit in the July-to-September period ...

  • Will Higher Expenses Weigh on FEMSA's (FMX) Q3 Earnings?
    Zacks6 months ago

    Will Higher Expenses Weigh on FEMSA's (FMX) Q3 Earnings?

    FEMSA's (FMX) dismal surprise history and soft margins can be attributed to higher raw material costs. However, its growth initiatives are encouraging.

  • Here's What Investors Must Know About FEMSA (FMX) Stock
    Zacks6 months ago

    Here's What Investors Must Know About FEMSA (FMX) Stock

    FEMSA's (FMX) strategic initiatives like store expansion, portfolio diversification and focus on core business position it for long-term growth. However, soft margins and higher costs remain hurdles.

  • Is Fomento Economico (FMX) a Great Stock for Value Investors?
    Zacks6 months ago

    Is Fomento Economico (FMX) a Great Stock for Value Investors?

    Let's see if Fomento Economico (FMX) stock is a good choice for value-oriented investors right now from multiple angles.

  • FEMSA's (FMX) Entry in Ecuador to Fortify Drugstore Business
    Zacks7 months ago

    FEMSA's (FMX) Entry in Ecuador to Fortify Drugstore Business

    FEMSA's (FMX) Socofar agrees to buy Corporacion GPF, based in Ecuador. The acquisition is likely to take its drugstore strategy to the next level, marking an entry in the Ecuadorian drugstore market.

  • Reuters7 months ago

    Mexico's Femsa to enter Ecuadorean drug store business

    Mexican bottler and retailer Fomento Economico Mexicano, or Femsa, said on Monday it had reached a deal to acquire Ecuadorean drugstore operator Corporacion GPF, without providing details about the transaction. Femsa, which controls Coca-Cola Femsa, the world's largest Coke bottler, and operates the OXXO convenience stores, said the acquisition was subject to regulatory approvals and was expected to close during the first quarter of 2019. Femsa will purchase Corporacion GPF through its majority-owned subsidiary Socofar, a Chile-based drugstore and distribution platform.

  • FEMSA (FMX) Stock Displays Solid Momentum: Will it Sustain?
    Zacks7 months ago

    FEMSA (FMX) Stock Displays Solid Momentum: Will it Sustain?

    FEMSA (FMX) displays momentum, backed by initiatives and a robust surprise trend. However, near-term hurdles due to soft margins and higher input costs hurt sentiment.

  • FEMSA (FMX) Tops Q2 Earnings on Solid FEMSA Comercio Results
    Zacks9 months ago

    FEMSA (FMX) Tops Q2 Earnings on Solid FEMSA Comercio Results

    FEMSA (FMX) tops earnings and sales estimates in second-quarter 2018, driven by currency tailwinds as well as growth across all three divisions of FEMSA Comercio.

  • Reuters9 months ago

    Mexico's Femsa 2nd-qtr profit jumps 89 pct on sales, forex

    Net profit was 8.796 billion pesos ($442.6 million), up from 4.657 billion pesos a year earlier, driven by "a non-cash foreign exchange gain," the company said. Same-store sales at its ubiquitous Oxxo convenience stores increased 3.0 percent in the second quarter, and the company opened 483 net new stores. At the end of June, Femsa had a total of 17,246 Oxxo stores.

  • Can FEMSA's (FMX) Efforts Aid Earnings Trend Reversal in Q2?
    Zacks9 months ago

    Can FEMSA's (FMX) Efforts Aid Earnings Trend Reversal in Q2?

    FEMSA (FMX) witnesses mixed sentiments as investors are concerned about its dismal surprise history while its strategic initiatives reflect potential.