|Bid||96.43 x 800|
|Ask||96.61 x 800|
|Day's Range||95.96 - 97.20|
|52 Week Range||80.86 - 102.36|
|PE Ratio (TTM)||17.55|
|Forward Dividend & Yield||1.51 (1.60%)|
|1y Target Est||109.00|
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.
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.
MONTERREY, Mexico, July 27, 2018-- Fomento Económico Mexicano, S.A.B. de C.V. announced today its operational and financial results for the second quarter of 2018.. 8.6% revenue growth at FEMSA Consolidated ...
NEW YORK, NY / ACCESSWIRE / July 27, 2018 / Fomento Economico Mexicano SAB de CV Sponsored ADR Class B (NYSE: FMX ) will be discussing their earnings results in their Q2 Earnings Call to be held on July ...
FEMSA (FMX) witnesses mixed sentiments as investors are concerned about its dismal surprise history while its strategic initiatives reflect potential.
MONTERREY, Mexico, July 09, 2018-- Fomento Económico Mexicano, S.A.B. de C.V. is pleased to invite you to participate in its Second Quarter 2018 Conference Call that will be held on:. Friday, July 27, ...
LONDON, UK / ACCESSWIRE / July 6, 2018 / If you want a free Stock Review on ABEV sign up now at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com observes four Beverages Brewers stocks, namely: Ambev S.A. (NYSE: ABEV), Anheuser-Busch InBev S.A./N.V. (NYSE: BUD), Fomento Economico Mexicano S.A.B. de C.V. (NYSE: FMX), and Molson Coors Brewing Co. (NYSE: TAP).
FEMSA's (FMX) dismal earnings and sales surprise trend has been hurting the stock's performance. However, its strategic initiatives bode well.
LONDON, UK / ACCESSWIRE / June 4, 2018 / If you want a free Stock Review on ABEV sign up now at www.wallstequities.com/registration. WallStEquities.com shifts focus on the Beverages Brewers industry, which consists of companies that are engaged in manufacturing beer and malt liquor. In this morning's lineup are Ambev S.A. (NYSE: ABEV), Anheuser-Busch InBev S.A./N.V. (NYSE: BUD), Fomento Economico Mexicano S.A.B. de C.V. (NYSE: FMX), and Molson Coors Brewing Co. (NYSE: TAP).
NEW YORK, June 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Seaspan ...
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.
LONDON, UK / ACCESSWIRE / May 15, 2018/ If you want a free Stock Review on ABEV sign up now at www.wallstequities.com/registration. All you have to do is sign up today for this free limited time offer by clicking the link below.
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.
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.
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.
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.
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.