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

NYSE - Nasdaq Real Time Price. Currency in USD
86.03
-0.51 (-0.59%)
As of 1:02PM EST. Market open.
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Previous Close86.54
Open86.92
Bid85.99 x 800
Ask86.04 x 800
Day's Range85.64 - 87.34
52 Week Range80.86 - 101.12
Volume329,503
Avg. Volume398,573
Market Cap18.433B
Beta (3Y Monthly)0.41
PE Ratio (TTM)37.73
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.47 (1.63%)
Ex-Dividend Date2018-11-02
1y Target EstN/A
Trade prices are not sourced from all markets
  • FEMSA (FMX) Earnings Miss, Revenues Beat Estimates in Q3
    Zacks16 days 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 Fool19 days 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.

  • Reuters19 days 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 Press19 days 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 ...

  • Reuters19 days 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?
    Zacks21 days 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
    Zacks28 days 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?
    Zackslast month

    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
    Zacks2 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.

  • Reuters2 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?
    Zacks2 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
    Zacks4 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.

  • Reuters4 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?
    Zacks4 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.

  • FEMSA (FMX) on Crossroads: Can Strategies Counter Hurdles?
    Zacks5 months ago

    FEMSA (FMX) on Crossroads: Can Strategies Counter Hurdles?

    FEMSA's (FMX) dismal earnings and sales surprise trend has been hurting the stock's performance. However, its strategic initiatives bode well.

  • Can Healthier Options Buoy the U.S. Soft Beverages Industry?
    Zacks6 months ago

    Can Healthier Options Buoy the U.S. Soft Beverages Industry?

    Shifting preference for healthier drinks has seen the carbonated soft drink market shrinking for 13 consecutive years now. Last year, bottled water accounted for $24.1 billion in sales.

  • FEMSA (FMX) Stock Rises Despite Q1 Earnings & Sales Miss
    Zacks7 months ago

    FEMSA (FMX) Stock Rises Despite Q1 Earnings & Sales Miss

    FEMSA's (FMX) top and bottom lines lag estimates in first-quarter 2018. However, the top line improves year over year and margins rise across all segments.

  • Reuters7 months ago

    Mexico's Femsa to expand Amazon pick-up at Oxxo stores

    Mexican bottler and retailer Fomento Economico Mexicano said on Thursday it will expand a pilot program that uses its ubiquitous Oxxo convenience stores as package pick-up points for Amazon.com Inc. "We are in the process of taking the number of stores that are part of the Amazon pilot to a significantly bigger scale," Juan Fonseca, investor relations director for the company known as Femsa, said in a call with analysts. Shares of Femsa were up more than 4 percent to a high of 179.79 pesos despite results that showed net profit plunged to 2.02 million pesos ($110,692) in the first quarter from 3.29 billion pesos in the year-earlier period.

  • Will FEMSA (FMX) Repeat its Dismal Earnings Trend in Q1?
    Zacks7 months ago

    Will FEMSA (FMX) Repeat its Dismal Earnings Trend in Q1?

    FEMSA (FMX) gains on strategic actions like store expansion, portfolio diversification and focus on core business. However, near-term headwinds like dismal surprise trend and soft margins are concerns.

  • Here's What Makes FEMSA (FMX) a Good Investment Choice Now
    Zacks7 months ago

    Here's What Makes FEMSA (FMX) a Good Investment Choice Now

    FEMSA (FMX) displays a solid momentum, backed by strategic initiatives. However, near-term headwinds related to soft top- and bottom-line results and strained margins cannot be ignored.

  • Is the Dismal Surprise Trend a Grave Concern for FEMSA (FMX)?
    Zacks8 months ago

    Is the Dismal Surprise Trend a Grave Concern for FEMSA (FMX)?

    FEMSA (FMX) is losing momentum on grounds of dismal surprise history. However, its focus on strategic initiatives can help it steer through the storm.

  • FEMSA (FMX) Lags Q4 Earnings & Sales Estimates, Stock Falls
    Zacks8 months ago

    FEMSA (FMX) Lags Q4 Earnings & Sales Estimates, Stock Falls

    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.

  • Reuters9 months ago

    Mexico's Femsa sees profits down 70 pct on Venezuela hit

    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.

  • Will Soft Margins Hinder FEMSA's (FMX) Earnings in Q4?
    Zacks9 months ago

    Will Soft Margins Hinder FEMSA's (FMX) Earnings in Q4?

    FEMSA (FMX) remains plagued with soft margins for over a year. Moreover, the company cautious outlook for fourth-quarter 2017 and 2018 remain constraints.