FEMSA Announces First Quarter 2025 Results
- MONTERREY, Mexico, April 28, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the first quarter of 2025.
- 04/28/2025
|
FEMSA: Mexico's Premier Conglomerate Is On The Right Track
- A lot is finally going right for Femsa's capital allocation. The Oxxo-driven earnings growth story is also playing out. Investors get paid a good yield to sit and wait.
- 04/24/2025
|
5 Stocks That Recently Hiked Their Dividend to Reward Investors
- Investors may keep a tab on stocks like SYF, PEBO, CIB, TRV and FMX, which have lately hiked their dividend payments.
- 04/24/2025
|
FEMSA Stock Shoots Up 24% YTD: Time to Buy or Pause for Thought?
- FEMSA stands to gain from its FEMSA Forward strategy, digital growth, and retail strength in Proximity and Health, fueling long-term growth and value creation.
- 04/23/2025
|
FEMSA Shareholders' Meeting Resolutions
- MONTERREY, Mexico, April 11, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders' Meeting today (“the Shareholders' Meeting”), during which the shareholders approved the consolidated financial statements for the year ended December 31, 2024, the 2024 CEO's annual report and the opinion of the Board of Directors for the year 2024.
- 04/11/2025
|
Comprehensive Q1 Review Of My Stock Picks + Ratings Updates
- Although there is one day left in Q1, I'm pleased to present a detailed review of my Q1 stock picks, along with updated commentary and ratings. Today's report begins with an unconventional review of Apple, which I plan to drop coverage on. This report contains new coverage of 38 stocks that I've previously written about here at Seeking Alpha.
- 03/30/2025
|
FEMSA Announces the date for its Annual Shareholders' Meeting
- MONTERREY, Mexico, March 03, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces it will hold its Annual Ordinary Shareholders' Meeting on April 11, 2025, in Monterrey, Nuevo Leon, Mexico (the “Shareholders' Meeting”). A copy of the formal call for the Shareholders' Meeting is available in the following link: https://femsa.gcs-web.com/shareholder-meeting-information.
- 03/03/2025
|
FEMSA Languishing As Consumer Activity Slows And Capex Deployments Continue
- FEMSA shares have underperformed on weak store traffic numbers, and Mexican consumer spending is a key concern for 2025. Despite challenges, FEMSA's Q4 results exceeded expectations, with strong revenue, gross margin, and EBITDA growth across most business segments. Continued investments in store expansion, including into the U.S. market, and digital offerings are expected to support long-term growth, though they compress near-term free cash flow.
- 03/02/2025
|
FEMSA: Q4 Rebound In Proximity America's Growth Is Encouraging - Maintain Buy Rating
- Worries about stunted growth in FEMSA's OXXO convenience store chain were eased, as the Q4 report indicated a rebound. While Mexican stocks are not popular right now due to U.S. trade tariff concerns, FEMSA should have minimal direct exposure to any tariffs. Management is interested in increasing leverage, which is not only an indication of increased shareholder returns, but also management confidence.
- 03/02/2025
|
FEMSA Q4 Earnings Decline Y/Y, Positive Business Trends Aid Revenues
- FMX's fourth-quarter results reflect gains across all business units and favorable currency rates, as well as improved margins.
- 02/28/2025
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q4 2024 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Juan Fonseca - Director, Investor Relations José Antonio Fernández Carbajal - Chief Executive Officer & Chairman Martin Arias - Chief Financial Officer Jorge Collazo - Coca-Cola, Investor Relations Conference Call Participants Ricardo Alves - Morgan Stanley Lisa Lane - Bank of America Hector Maya - Scotiabank Rodrigo Alcantara - UBS Renata Cabral - Citibank Ulises Argote - Santander Ben Theurer - Barclays Operator Good day, and welcome to today's FEMSA's Fourth Quarter 2024 Results Conference Call.
- 02/27/2025
|
FEMSA Announces Fourth Quarter and Full Year 2024 Results
- MONTERREY, Mexico, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the fourth quarter and full year of 2024.
- 02/27/2025
|
Are These 5 Beverage Stocks Poised for Earnings Beat This Season?
- The beverage industry players are expected to have gained from expansion, pricing and solid demand, but inflation and currency woes are likely to have posed challenges.
- 02/24/2025
|
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results
- MONTERREY, Mexico, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Fourth Quarter and Full Year 2024 Conference Call that will be held on:
- 02/13/2025
|
FEMSA Stock Declines 36% in a Year: Buy the Dip or Wait for Now?
- FMX remains on track for growth on effective growth strategies and strong market demand. It is progressing well on the FEMSA Forward Strategy.
- 01/15/2025
|
FMX Divests Plastics Solutions to AMMI, Progresses Well on Forward Plan
- Fomento progresses smoothly on its Forward plan. The company divests its plastics solutions operations to AMMI.
- 01/06/2025
|
FEMSA completes divestiture of its plastics solutions operations to AMMI, affiliate of Milenio Capital
- MONTERREY, Mexico, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of its previously disclosed divestiture on October 28, 2024, of its plastics solutions operations to AMMI, a leading diversified corporation focused on the production of non-GMO corn and sustainable plastic packaging, an affiliate of Milenio Capital. The transaction amount was $3,165 million pesos, on a cash-free, debt-free basis.
- 01/03/2025
|
FEMSA Looks Like A Terrific Contrarian Pick In Times Of Fear For Mexico
- FEMSA is a collection of high-quality businesses, mostly in Latin America, and has seen its stock price falter in recent quarters. The company has diverse operations, including Coca-Cola FEMSA, OXXO convenience stores, a growing health division, and a fuel services business. Potential international trade tariffs look to have little direct impact on FEMSA's businesses.
- 12/02/2024
|
The Zacks Analyst Blog GE Aerospace, Fomento Economico, Waste Management and Aware
- GE Aerospace, Fomento Economico, Waste Management and Aware are included in this Analyst Blog.
- 11/25/2024
|
FEMSA Sells Refrigeration and Foodservice Division to Mill Point
- FMX sells its refrigeration and food service operations to Mill Point Capital, aiming to enhance long-term value by focusing on core business areas.
- 11/05/2024
|
Mill Point Capital Completes Acquisition of AeriTek Global LLC
- KENNESAW, Ga.--(BUSINESS WIRE)--An affiliate of Mill Point Capital LLC ("Mill Point Capital"), a New York City-based private equity firm, announced today the completion of its previously announced acquisition of the commercial refrigeration and foodservice equipment businesses of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX) (“FEMSA”), doing business as Imbera and Torrey (collectively AeriTek Global LLC, “AeriTek” or the “Company”), in a single corporate carve-out transaction. The succ.
- 11/04/2024
|
FEMSA completes divestiture of its refrigeration and foodservice equipment operations to Mill Point Capital
- MONTERREY, Mexico, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of its previously disclosed divestiture on July 17, 2024, with Mill Point Capital LLC, of its refrigeration and foodservice equipment operations, Imbera and Torrey, for a total amount of $8,000 million pesos, on a cash-free, debt-free basis.
- 11/04/2024
|
FEMSA Q3 Earnings Decline Y/Y, Sales Improve on Segmental Growth
- FMX's Q3 results reflect revenue growth across all operating segments. Favorable currency effects from the depreciation of the Mexican Peso also aid the top line.
- 10/29/2024
|
FEMSA announces agreement with AMMI, affiliate of Milenio Capital, to divest FEMSA's plastics solutions operations
- MONTERREY, Mexico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with AMMI, a leading holding company focused in the production of non-GMO corn and sustainable plastic packaging, affiliate of Milenio Capital, to divest FEMSA's plastics solutions operations, for a total amount of $3,165 million pesos, on a cash-free, debt-free basis.
- 10/28/2024
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q3 2024 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q3 2024 Earnings Conference Call October 28, 2024 10:30 AM ET Company Participants Juan Fonseca - Director, IR José Antonio Fernández Garza-Lagüera - CEO, Proximity & Health Martin Arias - CFO Conference Call Participants Ricardo Alves - Morgan Stanley Bob Ford - Bank of America Antonio Hernandez - Actinver Ben Theurer - Barclays Thiago Bortoluci - Goldman Sachs Alvaro Garcia - BTG Pactual Rodrigo Alcantara - UBS Carlos Laboy - HSBC Hector Maya - Scotiabank Ulises Argote - Santander Operator Hello, and welcome to FEMSA's Third Quarter 2024 Results Conference Call.
- 10/28/2024
|
FEMSA Announces Third Quarter 2024 Results
- MONTERREY, Mexico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the third quarter of 2024.
- 10/28/2024
|
FEMSA Schedules Conference Call to Discuss Third Quarter Financial Results
- MONTERREY, Mexico, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Third Quarter Conference Call that will be held on:
- 10/15/2024
|
FEMSA to Divest Some Operations in Mexico, On Track With Forward Plan
- FMX looks forward to divesting its few logistic operations to Grupo Traxion.
- 10/14/2024
|
FEMSA Forward Strategy & Digital Efforts: Key Drivers for FEMSA
- FEMSA is poised for growth on effective growth strategies, including the FEMSA Forward Strategy, Digital@FEMSA and retail business expansion.
- 10/11/2024
|
FEMSA announces agreement with TRAXIÓN to divest certain of FEMSA's logistics operations
- MONTERREY, Mexico, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with Grupo Traxión, S.A.B. de C.V (BMV: TRAXIONA), a leading transportation and logistics company based in Mexico, to divest certain of FEMSA's logistics operations doing business as Solistica. The transaction includes FEMSA's transportation management operations in Mexico, as well as its contract logistics operations in Mexico, Colombia and Brazil. The transaction does not include FEMSA's LTL (less-than-truckload) operations in Brazil.
- 10/10/2024
|
Delek US Holdings, Inc. Announces Closing of Sale of Retail Assets to FEMSA
- BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) announced today the closing of the previously announced sale of 100% of the equity interests in the Delek subsidiaries that operate Delek's retail business (“Delek US Retail”) to a subsidiary of FEMSA (NYSE:FMX) for cash consideration of approximately $385 million, including the purchase of inventories. Avigal Soreq, President, and Chief Executive Officer of Delek, said, “The completion of the sale of Delek US Retail.
- 10/01/2024
|
FEMSA Stock Declines 20.8% YTD: Is a Recovery on the Horizon?
- FMX stock's performance is affected by macroeconomic challenges and rising competition, but the FEMSA Forward Strategy positions the company for long-term growth.
- 09/18/2024
|
FEMSA to enter the Convenience Store Industry in the United States
- MONTERREY, Mexico, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that it has entered into definitive agreements with Delek US Holdings, Inc. (“Delek”) (NYSE: DK), to acquire Delek's retail operations, consisting of 249 convenience stores located mainly in Texas, for a total amount of US$385 million dollars on a cash-free, debt-free basis, including the purchase of inventories.
- 08/01/2024
|
Definitive Agreement Signed for FEMSA's Acquisition of Retail Assets from Delek US
- NASHVILLE, Tenn--(BUSINESS WIRE)--FEMSA (NYSE:FMX) and Delek US Holdings, Inc. (NYSE:DK) (“Delek”) have entered into a definitive agreement, whereby a subsidiary of FEMSA will acquire 100% of the equity interests in the Delek subsidiaries that operate Delek's retail business (“Delek US Retail”) for cash consideration of $385 million (the “Transaction”), including the purchase of inventories. The transaction is anticipated to close sometime late in the third quarter or in the fourth quarter 2024.
- 08/01/2024
|
FEMSA's Mixed Second Quarter Isn't A Cause For Concern
- FEMSA's Q2 results were mixed, with strong performance from Coca-Cola FEMSA driving the upside and offsetting weaker results in other segments. Weaker growth from Oxxo this quarter isn't a major concern, as calendar effects (the timing of Holy Week) have a lot to do with it and margins continue to improve. Ongoing investments in digital and drugstores may irk some investors, but long-term growth opportunities in core businesses remain promising and worthy of further investment.
- 07/26/2024
|
FEMSA (FMX) Posts Sturdy Q2 Growth: Revenues & Earnings Up Y/Y
- FEMSA (FMX) Q2 results showcase broad-based growth across its business units and an improved operating margin despite adverse weather conditions and strong year-over-year comparisons.
- 07/25/2024
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q2 2024 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Juan Fonseca - Vice President, Investor Relations Martín Arias - Chief Financial Officer Conference Call Participants Benjamin Theurer - Barclays Rodrigo Alcantara - UBS.
- 07/24/2024
|
FEMSA Announces Second Quarter 2024 Results
- MONTERREY, Mexico, July 24, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the second quarter of 2024.
- 07/24/2024
|
Mill Point Capital Announces Carve-Out of FEMSA's Commercial Refrigeration and Foodservice Equipment Businesses
- KENNESAW, Ga.--(BUSINESS WIRE)--An affiliate of Mill Point Capital LLC (“Mill Point Capital”), a lower middle-market private equity firm focused on control-oriented investments in the industrials, business services and IT services sectors in North America, has entered into a definitive agreement to acquire the commercial refrigeration and foodservice equipment businesses of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX) (“FEMSA”), doing business as Imbera and Torrey (collectively AeriTe.
- 07/17/2024
|
FEMSA announces agreement with Mill Point Capital to divest FEMSA's refrigeration and foodservice equipment operations
- MONTERREY, Mexico, July 17, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with Mill Point Capital LLC, a leading private equity firm, to divest FEMSA's refrigeration and foodservice equipment operations, Imbera and Torrey, for a total amount of $8,000 million pesos, on a cash-free, debt-free basis.
- 07/17/2024
|
FEMSA Schedules Conference Call to Discuss Second Quarter Financial Results
- MONTERREY, Mexico, July 08, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Second Quarter Conference Call that will be held on:
- 07/08/2024
|
FEMSA ANNOUNCES EARLY TENDER RESULTS AND ACCEPTANCE OF NOTES FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER
- MONTERREY, Mexico , June 17, 2024 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced the early tender results and acceptance for its previously announced offer to purchase for cash (the "Tender Offer") up to US$250,000,000 (the "Tender Cap") aggregate principal amount of the notes set forth in the table below (all such notes, the "Notes") subject to proration as described in the Offer to Purchase (as defined below), from each registered holder of the Notes (each a "Holder" and, collectively, the "Holders").
- 06/17/2024
|
FEMSA ANNOUNCES THE TOTAL CONSIDERATION FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER
- MONTERREY, Mexico , June 17, 2024 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced the total consideration for its previously announced offer to purchase for cash (the "Tender Offer") up to US$250,000,000 (the "Tender Cap") aggregate principal amount of the notes set forth in the table below (all such notes, the "Notes") subject to proration as described in the Offer to Purchase (as defined below), from each registered holder of the Notes (each a "Holder" and, collectively, the "Holders").
- 06/17/2024
|
Can FEMSA (FMX) Stock Regain Momentum on Effective Strategies?
- FEMSA (FMX) looks poised for long-term growth on its FEMSA forward strategy, digital initiatives, business expansion endeavors, and continued strength in OXXO Mexico and OXXO Gas.
- 06/13/2024
|
FEMSA completes Accelerated Share Repurchase Agreement, and announces new Agreement
- MONTERREY, Mexico, June 10, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces today that it has entered into a new derivative instrument in the form of an accelerated share repurchase transaction (“ASR”) to repurchase the Company's American Depositary Shares (“ADSs”)1. Under the terms of this new ASR, FEMSA has agreed to repurchase up to USD $600 million of its ADSs. The total number of ADSs ultimately repurchased under this ASR will be based on the daily volume-weighted average price of the Company's ADSs during the term of the ASR and subject to certain limitations. The final settlement of the ASR is expected to be completed, at the latest, in the fourth quarter of 2024.
- 06/10/2024
|
FEMSA ANNOUNCES COMMENCEMENT OF TENDER OFFER
- MONTERREY, Mexico , June 4, 2024 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has commenced an offer to purchase for cash (the "Tender Offer") up to US$250,000,000 (the "Tender Cap") aggregate principal amount of the notes set forth in the table below (all such notes, the "Notes"), subject to proration as described herein, from each registered holder of the Notes (each a "Holder" and, collectively, the "Holders").
- 06/04/2024
|
FEMSA (FMX) Q1 Earnings Decline Year Over Year, Revenues Up
- FEMSA (FMX) posts lower earnings year over year in first-quarter 2024. However, revenues improved 11.3% year over year.
- 04/29/2024
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q1 2024 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Juan Fonseca - Head of IR José Antonio Fernández - CEO, Proximity and Health Division Martin Arias - Incoming CFO Conference Call Participants Carlos Laboy - HSBC Thiago Bortoluci - Goldman Sachs Ricardo Alves - Morgan Stanley Robert Ford - Bank of America Rodrigo Alcantara - UBS Renata Cabral - Citigroup Ben Theurer - Barclays Alejandro Fuchs - Itaú Operator Hello and welcome to FEMSA's First Quarter 2024 Results Conference Call.
- 04/26/2024
|
FEMSA Announces First Quarter 2024 Results
- MONTERREY, Mexico, April 26, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the first quarter of 2024.
- 04/26/2024
|
FEMSA Files 2023 SEC Annual Report
- MONTERREY, Mexico, April 23, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (SEC) and will be followed by its annual report, for the same period, with the Comisión Nacional Bancaria y de Valores (Mexican Banking and Securities Commission) and the Bolsa Mexicana de Valores (Mexican Stock Exchange).
- 04/23/2024
|
Are These 4 Beverage Stocks Poised to Hit Q1 Earnings Targets?
- Players in the beverage industry are expected to have witnessed positive trends from expanded digital platforms and strong demand for innovative products in the to-be-reported quarter. Inflationary cost pressures, particularly higher input costs, are likely to have hurt.
- 04/22/2024
|
FEMSA Schedules Conference Call to Discuss First Quarter Financial Results
- MONTERREY, Mexico, April 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its First Quarter Conference Call that will be held on:
- 04/15/2024
|
FEMSA Offers Underrated Quality Growth For Patient Investors
- FEMSA's shares have come under pressure due to unexpected changes in the C-suite and disappointment about the pace of capital returns to shareholders. The company has announced a 20% hike in the regular dividend and an extraordinary dividend for the next four quarters, doubling the dividend yield. FEMSA has underrated growth potential, not only with its core Oxxo brand in Mexico but also with international expansion and newer store concepts like Bara.
- 04/03/2024
|
FEMSA (FMX) Benefits From Growth Initiatives: Stock to Gain
- FEMSA (FMX) stays on growth track, thanks to its strategic initiatives, including expansion in the digital space and the U.S. specialized distribution industry.
- 04/03/2024
|
FEMSA Shareholders' Meeting Resolutions
- MONTERREY, Mexico, March 25, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders' Meeting today (“the Shareholders' Meeting”), during which the shareholders approved the consolidated financial statements for the year ended December 31, 2023, the 2023 CEO's annual report and the opinion of the Board of Directors for the year 2023.
- 03/25/2024
|
FEMSA Announces Accelerated Share Repurchase Agreement
- MONTERREY, Mexico, March 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced that, consistent with its capital allocation framework and commitment to enhance capital returns to shareholders, it has entered into a derivative instrument known as an accelerated share repurchase (“ASR”) agreement with a financial institution in the United States of America, to repurchase the Company's shares through the acquisition of American Depositary Shares (“ADS”). Under the terms of the ASR agreement, FEMSA has agreed to repurchase from such financial institution an aggregate amount of USD $400 million of its ADS1. The ASR contemplates an initial delivery of approximately 20% of the ADS on or about March 19, 2024.
- 03/15/2024
|
4 Best Momentum Stocks Worth a Buy Using Driehaus Strategy
- Stocks like Fomento Economico Mexicano (FMX), Central Garden & Pet (CENT), Toll Brothers (TOL) and Nvidia (NVDA) have been selected as the momentum picks for the day using the Driehaus strategy.
- 02/28/2024
|
FEMSA (FMX) Q4 Earnings Miss Estimates, Revenues Surpass
- FEMSA's (FMX) Q4 results reflect gains across its business units and an improved gross margin.
- 02/26/2024
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q4 2023 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q4 2023 Earnings Call Transcript
- 02/23/2024
|
Are Consumer Staples Stocks Lagging Fomento Economico Mexicano (FMX) This Year?
- Here is how Fomento Economico (FMX) and JAPAN TOB (JAPAY) have performed compared to their sector so far this year.
- 02/23/2024
|
FEMSA Forward - Focused Leadership in Retail, Beverages & Digital
- FEMSA announces a redefined corporate organization and senior leadership changes FEMSA announces a redefined corporate organization and senior leadership changes
- 02/23/2024
|
FEMSA Announces Fourth Quarter and Full Year 2023 Results
- MONTERREY, Mexico, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the fourth quarter and full year of 2023.
- 02/23/2024
|
Here's How FEMSA (FMX) is Placed Just Ahead of Q4 Earnings
- FEMSA's (FMX) Q4 results are expected to reflect effective growth strategies and robust market demand, which are likely to drive growth across all units.
- 02/19/2024
|
FEMSA (FMX) Unveils Capital Plan Under Forward Strategy
- FEMSA (FMX) outlines insights into its FEMSA Forward strategy, providing capital allocation plans for the next few years.
- 02/16/2024
|
New Strong Buy Stocks for February 16th
- CDNS, ECL, FMX, KRRO and RMR have been added to the Zacks Rank #1 (Strong Buy) List on February 16, 2024.
- 02/16/2024
|
FEMSA Announces the date for its Annual Shareholders' Meeting
- MONTERREY, Mexico, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces it will hold its Annual Ordinary Shareholders' Meeting on March 22, 2024, in Monterrey, Nuevo Leon, Mexico (the “Shareholders' Meeting”).
- 02/15/2024
|
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results
- MONTERREY, Mexico, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Fourth Quarter and Full Year 2023 Conference Call that will be held on:
- 02/08/2024
|
What's Hot, What's Not: China Stocks Are Out. Top Picks From 3 Other Countries
- A day doesn't go by when another large asset management firm discusses why they are abandoning China for other international stock picks. The reality is that China stocks are out, but you should still consider stocks from other foreign countries.
- 02/05/2024
|
Can FEMSA (FMX) Stock Retain Momentum on Growth Strategies?
- FEMSA (FMX) is poised to gain from robust initiatives focused on digital investments and expansion in the specialized distribution industry.
- 01/09/2024
|
PepsiCo & 4 More Endearing Beverage Stocks Set to Cheer in 2024
- Beverage companies are poised to gain in 2024 from the growing demand for health and functional drinks, as well as low-alcoholic beverages. Embracing innovation and digital expansion bodes well.
- 12/26/2023
|
Best Income Stocks to Buy for December 19th
- PHI, FULT and FMX made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 19, 2023.
- 12/19/2023
|
Best Income Stocks to Buy for December 12th
- DOLE, FMX and GFF made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 12, 2023.
- 12/12/2023
|
New Strong Buy Stocks for December 12th
- PAY, BROS, SAIC, BRSP and FMX have been added to the Zacks Rank #1 (Strong Buy) List on December 12, 2023.
- 12/12/2023
|
Digital Initiatives to Keep FEMSA (FMX) Stock in Good Stride
- FEMSA (FMX) is well-placed for growth through investments in digital and technology-driven initiatives, and continued strength in OXXO Mexico and OXXO Gas.
- 12/08/2023
|
FMX or MNST: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Beverages - Soft drinks sector have probably already heard of Fomento Economico (FMX) and Monster Beverage (MNST). But which of these two stocks offers value investors a better bang for their buck right now?
- 12/05/2023
|
New Strong Buy Stocks for November 30th
- ANF, TZOO, BUR, FMX and AUDC have been added to the Zacks Rank #1 (Strong Buy) List on November 30, 2023.
- 11/30/2023
|
Best Income Stocks to Buy for November 30th
- AUDC, FMX and NSSC made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 30, 2023.
- 11/30/2023
|
Best Value Stocks to Buy for November 30th
- TZOO, AUDC and FMX made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 30, 2023.
- 11/30/2023
|
Are You Looking for a Top Momentum Pick? Why Fomento Economico (FMX) is a Great Choice
- Does Fomento Economico (FMX) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/27/2023
|
All You Need to Know About Fomento Economico (FMX) Rating Upgrade to Strong Buy
- Fomento Economico (FMX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 11/17/2023
|
Best Income Stocks to Buy for November 17th
- FMX and ASR made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 17, 2023.
- 11/17/2023
|
FMX or MNST: Which Is the Better Value Stock Right Now?
- Investors interested in Beverages - Soft drinks stocks are likely familiar with Fomento Economico (FMX) and Monster Beverage (MNST). But which of these two stocks presents investors with the better value opportunity right now?
- 11/16/2023
|
FEMSA (FMX) Completes BradyIFS & Envoy Solutions Acquisitions
- FEMSA (FMX) merges with BradyIFS through its Envoy Solutions to expand its presence in facility care, foodservice disposables and packaging distribution in the United States.
- 11/01/2023
|
Fomento Economico Mexicano: Refocusing On Its Core Business Seems Promising
- FEMSA operates highly stable businesses throughout Mexico and Latin America, such as convenience stores, pharmacies and a bottling company. The company had diversified into segments such as Logistics, investments in Heineken and other segments that had little to do with its core business. They have recently decided to focus only on their retail consumer business, which seems positive because it will mark a clear direction in which to head.
- 11/01/2023
|
FEMSA (FMX) Q3 Earnings Beat, Revenues Lag Estimates
- FEMSA's (FMX) Q3 results reflect gains from strong top-line growth across its business units, gross margin expansion and the inclusion of Proximity Europe.
- 10/30/2023
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q3 2023 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q3 2023 Earnings Conference Call October 27, 2023 11:00 AM ET Company Participants Juan Fonseca - Vice President, Investor Relations Paco Camacho - Chief Corporate Officer Eugenio Garza - Chief Financial Officer Jorge Collazo - Coca-Cola FEMSA, Investor Relations Conference Call Participants Ricardo Alves - Morgan Stanley Ben Theurer - Barclays Bob Ford - Bank of America Thiago Bortoluci - Goldman Sachs Álvaro García - BTG Alan Alanis - Santander Rodrigo Alcantara - UBS Héctor Maya - Scotia Bank Ulises Argote - JPMorgan Alejandro Fuchs - Itaú Operator Hello, and welcome to the FEMSA's Third Quarter 2023 Results Conference Call.
- 10/27/2023
|
Will FEMSA (FMX) Beat on Q3 Earnings Despite Cost Woes?
- FEMSA's (FMX) Q3 results are likely to reflect the benefits of improvements across all business units, owing to effective growth strategies and robust market demand.
- 10/25/2023
|
FEMSA Schedules Conference Call to Discuss Third Quarter Financial Results
- MONTERREY, Mexico, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Third Quarter Conference Call that will be held on:
- 10/16/2023
|
3 Retail Stocks Ready to Rally Into Year-End
- At first glance, things seem rather bleak for the retail stocks category. Consumer spending is set to decline as the economy weakens.
- 10/04/2023
|
3 Must-Buy Stocks for the Coming Mexico Boom
- Bloomberg Opinion columnist Eduardo Porter, who covers Latin America for the publication, recently wondered if Mexico could find a way to true prosperity. For example, the country's gross domestic product (GDP) is up to 35%, a distinctive rise from the 5% export status in 1990.
- 09/28/2023
|
FEMSA (FMX) on Track With Growth Strategies, Stock to Gain
- FEMSA (FMX) is poised for growth on the Digital@FEMSA initiative focused on investments in digital and technology-driven initiatives. Momentum in the OXXO business bodes well.
- 09/22/2023
|
FEMSA (FMX) Stock Rallies 65% in the Past Year: What's Ahead?
- FEMSA (FMX) is well placed for growth thanks to momentum in its business units, focus on Digital@FEMSA, effective growth strategies and robust market demand.
- 09/07/2023
|
5 Sturdy Soft Drink Stocks to Watch as the Industry Paces Up
- The Beverages - Soft Drinks industry is gaining momentum on robust share gains, improved pricing, digital growth and innovation despite the ongoing cost headwinds. Companies like KO, PEP, FMX, MNST and KDP look strong amid favorable industry trends.
- 09/07/2023
|
The 3 Best Large-Cap Stocks to Buy Now: September 2023
- Although high-flying tech startups offer far greater upside potential, for those interested in playing the long game, the best large-cap stocks may be your ticket to sustained success. To be fair, companies commanding gargantuan market capitalization tend to feature mature and thus slow-rising businesses.
- 09/05/2023
|
Brown-Forman (BF.B) Q1 Earnings & Sales Miss on Soft Trends
- Brown-Forman's (BF.B) Q1 results reflect the impacts of difficult shipment comparisons from last year's inventory rebuild to overcome the glass supply challenges. Higher costs hurt the bottom line.
- 08/30/2023
|
7 Stocks to Buy that Wall Street Has Forgotten About
- While time in the market usually beats out timing the market, one can certainly appreciate the desire of holding out for underrated stocks to buy. Specifically, even with the latest rumblings in the equities space, the benchmark S&P 500 index offers well into double-digit returns so far this year.
- 08/08/2023
|
FEMSA (FMX) Q2 Earnings Top Estimates on Solid Revenue Growth
- FEMSA's (FMX) Q2 results reflect gains from strong top-line growth across its business units, gross margin expansion and the inclusion of Proximity Europe.
- 07/28/2023
|
FMX vs. MNST: Which Stock Is the Better Value Option?
- Investors interested in Beverages - Soft drinks stocks are likely familiar with Fomento Economico (FMX) and Monster Beverage (MNST). But which of these two companies is the best option for those looking for undervalued stocks?
- 07/26/2023
|
Factors to Note Ahead of FEMSA's (FMX) Upcoming Q2 Earnings
- FEMSA's (FMX) Q2 results are expected to reflect gains from continued strength in OXXO Mexico and OXXO Gas, expansion into newer businesses, and digital initiatives amid cost woes.
- 07/24/2023
|
FEMSA Schedules Conference Call to Discuss Second Quarter Financial Results
- MONTERREY, Mexico, July 19, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Second Quarter Conference Call that will be held on:
- 07/19/2023
|
FEMSA (FMX) Rises 20% in Six Months: Will the Rally Continue?
- FEMSA (FMX) looks poised for growth on gains from continued strength in OXXO Mexico and OXXO Gas, expansion into newer businesses and digital initiatives.
- 07/13/2023
|
FEMSA: Still Cheaply Priced As 'Femsa Forward' Catalyzes Value Unlocking
- FEMSA: Still Cheaply Priced As 'Femsa Forward' Catalyzes Value Unlocking
- 06/29/2023
|
7 Best High-Growth Stocks to Buy if You're a Young Investor
- Generally speaking, financial advisors will often direct you to reliable enterprises though, for certain folks, high-growth stocks may make more sense. That's particularly true if you're part of the younger crowd.
- 06/29/2023
|
Digital & Diversification Plans Place FEMSA (FMX) for Growth
- FEMSA (FMX) looks poised for growth on its diversified business portfolio, growth in the digital business and expansion in the specialized distribution business.
- 06/15/2023
|
FEMSA's (FMX) Q1 Earnings and Revenues Surpass Estimates
- FEMSA's (FMX) first-quarter results reflect revenue growth across most regions. However, margin contractions at Proximity, Health and Envoy Solutions divisions affect operating margin.
- 05/01/2023
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q1 2023 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q1 2023 Earnings Conference Call April 28, 2023 11:00 AM ET Company Participants Juan Fonseca - IR Paco Camacho - Chief Corporate Officer Eugenio Garza - CFO Conference Call Participants Ben Theurer - Barclays Thiago Bortoluci - Goldman Sachs Ricardo Alves - Morgan Stanley Bob Ford - Bank of America Luis Willard - GBM Alan Alanis - Santander Rodrigo Alcantara - UBS Sergio Matsumoto - Citi Carlos Laboy - HSBC Operator Good day, and welcome to FEMSA's First Quarter 2023 Results Conference Call.
- 04/28/2023
|
FEMSA Schedules Conference Call to Discuss First Quarter 2023 Financial Results
- MONTERREY, Mexico, April 10, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its First Quarter 2023 Conference Call that will be held on:
- 04/10/2023
|
Here's Why FEMSA (FMX) is Marching Ahead of Its Industry
- FEMSA (FMX) looks good on continued growth in the digital business, as well as strength across all segments. The expansion strategy of its national distribution platform bodes well.
- 03/30/2023
|
Brown-Forman (BF.B) Q3 Earnings Miss, Sales Top Estimates
- Brown-Forman's (BF.B) Q3 results reflect gains from a strong top line on strength in its brands, premiumization and growth across regions. Soft operating income hurt the bottom line.
- 03/08/2023
|
FEMSA Returning To Its Core, And The Street Approves
- FEMSA's fourth quarter results were mixed, with healthy core traffic at OXXO, but some softness in retail margins and higher expenses for the digital businesses. Management completed their strategic review and announced a return to the company's core operations (retail, Coca-Cola FEMSA, and digital), with the Heineken stake and logistics/distribution operations to be sold.
- 02/27/2023
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q4 2022 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q4 2022 Earnings Conference Call February 24, 2023 9:00 AM ET Company Participants Eugenio Garza - Chief Corporate Financial Officer, Director of Finance & Corporate Development Daniel Rodríguez - CEO Juan Fonseca - VP, IR Francisco Camacho Beltrán - Chief Corporate Officer Conference Call Participants Benjamin Theurer - Barclays Bank Alan Alanis - Santander Héctor Maya - Scotiabank Ricardo Alves - Morgan Stanley Marcella Recchia - Crédit Suisse Robert Ford - Bank of America Merrill Lynch Álvaro García - BTG Thiago Bortoluci - Goldman Sachs Group Operator [Abrupt Start] Eugenio Garza [Technical Difficulty].
- 02/24/2023
|
Fomento Economico (FMX) is a Great Momentum Stock: Should You Buy?
- Does Fomento Economico (FMX) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/20/2023
|
Why FEMSA (FMX) Looks Poised for an Earnings Beat in Q4
- FEMSA's (FMX) Q4 results are expected to reflect gains from strong demand, growth in the digital business and expansion into the specialized distribution industry.
- 02/20/2023
|
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2022 Financial Results
- MONTERREY, Mexico, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Fourth Quarter and Full Year 2022 Conference Call that will be held on:
- 02/10/2023
|
Investment Opportunities In Latin America
- The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource companies. The region is well placed to take advantage of the opportunities created by the renewable energy revolution with 54% of global lithium reserves concentrated there.
- 02/09/2023
|
FMX or BROS: Which Is the Better Value Stock Right Now?
- FMX vs. BROS: Which Stock Is the Better Value Option?
- 02/02/2023
|
The Top 7 Emerging Market Stocks to Consider for Diversification
- While the U.S. equities sector generally represents the most stable option for the lion's share of investors, in some cases, it's helpful to expand one's horizons with the top emerging market stocks to buy. Fundamentally, the economy in this nation represents a mature one.
- 01/10/2023
|
Will FEMSA's (FMX) Digital Strategy Aid Growth Amid Cost Woes?
- FEMSA (FMX) looks good on continued growth in the digital business as well as strength across all segments. The expansion strategy of its national distribution platform is on track.
- 11/29/2022
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q3 2022 Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q3 2022 Earnings Conference Call October 31, 2022 11:00 AM ET Company Participants Juan Fonseca - Director, Investor Relations Paco Camacho - Chief Corporate Officer Eugenio Garza - Chief Financial Officer Jorge Collazo - Coke Investor Relations Conference Call Participants Ricardo Alves - Morgan Stanley Luis Willard - GBM Hector Maya - Scotia Bank Alan Alanis - Santander Alvaro Garcia - BTG Pactual Antonio Hernandez - Barclays Rodrigo Alcantara - UBS Operator Good day and welcome to the FEMSA's 3Q 2022 Results Conference Call.
- 10/31/2022
|
FEMSA (FMX) Earnings Beat Estimates in Q3, Revenues Miss
- FEMSA (FMX) Q3 results reflect gains from strength across all segments, resulting in top-line growth. Operating income growth and lower interest expenses also aid the results.
- 10/31/2022
|
Things You Need to Know Before FEMSA's (FMX) Q3 Earnings
- FEMSA's (FMX) Q3 results are expected to reflect gains from strength across businesses, owing to effective growth strategies and robust demand across markets, amid supply-chain and inflation woes.
- 10/26/2022
|
FEMSA Following Its Plan, No Matter The Cost To Sentiment
- Investors have become increasingly skeptical of management's capital management plans, with the acquisition of Valora only the most recent example. I understand some disappointment that management isn't more aggressively reinvesting in higher-growth opportunities, but still believe FEMSA's newer investments are underrated.
- 10/20/2022
|
Should Value Investors Buy Fomento Economico Mexicano (FMX) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/10/2022
|
FEMSA Schedules Conference Call to Discuss Third Quarter 2022 Financial Results
- MONTERREY, Mexico, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Third Quarter 2022 Conference Call that will be held on:
- 10/07/2022
|
FMX vs. MNST: Which Stock Is the Better Value Option?
- FMX vs. MNST: Which Stock Is the Better Value Option?
- 10/03/2022
|
3 Defensive Consumer Staple Stocks for Your Portfolio
- Stocks from the consumer staples universe lend more stability to portfolios amid volatile landscape. PepsiCo (PEP), Constellation Brands (STZ) and FEMSA (FMX) look well placed.
- 09/21/2022
|
Should Value Investors Buy Fomento Economico Mexicano (FMX) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/21/2022
|
FMX or KO: Which Is the Better Value Stock Right Now?
- FMX vs. KO: Which Stock Is the Better Value Option?
- 09/14/2022
|
3 Reasons to Hold Brown-Forman (BF.B) Despite Cost Inflation
- Brown-Forman (BF.B) is poised to strengthen from a robust brand portfolio, consumer demand and market recovery, despite the pullback from high inflationary costs.
- 09/14/2022
|
PEP vs. FMX: Which Stock is Placed Better at the Moment?
- With a healthy lifestyle being the new evolving trend in the soft drinks industry, here is a comparative analysis of PepsiCo (PEP) and FEMSA (FMX) to determine which is poised to shine in the future.
- 09/14/2022
|
5 Soft Drink Stocks Poised for Growth on Favorable Industry Trends
- The Beverages - Soft Drinks industry looks attractive on recovery in markets, share gains, improved pricing and innovation amid the ongoing supply-chain headwinds. Favorable industry trends are likely to aid companies like KO, PEP, KOF, KDP and FMX.
- 09/07/2022
|
Are Investors Undervaluing Fomento Economico Mexicano (FMX) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/05/2022
|
Brown-Forman (BF.B) Earnings & Sales Top Estimates in Q1
- Brown-Forman's (BF.B) Q1 results reflect gains from the continued demand for its brands and growth across markets. The company's sales also gain from the revival of tourism and recovery in Travel Retail.
- 08/31/2022
|
FMX vs. MNST: Which Stock Is the Better Value Option?
- FMX vs. MNST: Which Stock Is the Better Value Option?
- 08/29/2022
|
Best Value Stocks to Buy for August 23rd
- FMX, VET and INGR made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 23, 2022.
- 08/23/2022
|
FMX vs. MNST: Which Stock Should Value Investors Buy Now?
- FMX vs. MNST: Which Stock Is the Better Value Option?
- 08/11/2022
|
Is Fomento Economico Mexicano (FMX) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/03/2022
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) CEO Daniel Rodriguez on Q2 2022 Results - Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q2 2022 Results Conference Call July 28, 2022 10:00 AM ET Company Participants Juan Fonsec - Director of Investor Relations Daniel Rodriguez - CEO Eugenio Garza - CFO Jorge Collazo - Coke Investor Relations Conference Call Participants Ricardo Alves - Morgan Stanley Bob Ford - Bank of America Sergio Matsumoto - Citigroup Luis Yance - Compass Alvaro Garcia - BTG Thiago Bortoluci - Goldman Sachs Leandro Fontanesi - Bradesco Carlos Laboy - HSBC Rodrigo Alcantara - UBS Alan Alanis - Santander Antonio Hernandez - Barclays Operator Good morning, and welcome to everyone to FEMSA's Second Quarter 2022 Financial Results Conference Call.
- 07/30/2022
|
Here's How FEMSA (FMX) is Poised Just Ahead of Q2 Earnings
- FEMSA's (FMX) Q2 results are expected to reflect gains from strength across businesses, owing to effective growth strategies and robust demand across markets amid supply-chain and inflation woes.
- 07/27/2022
|
Best Value Stocks to Buy for July 27th
- CEQP, FMX, and CHMG made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 27, 2022.
- 07/27/2022
|
FMX or MNST: Which Is the Better Value Stock Right Now?
- FMX vs. MNST: Which Stock Is the Better Value Option?
- 07/26/2022
|
Should Value Investors Buy Fomento Economico Mexicano (FMX) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/18/2022
|
FEMSA Schedules Conference Call to Discuss Second Quarter 2022 Financial Results
- MONTERREY, Mexico, July 08, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Second Quarter 2022 Conference Call that will be held on:
- 07/08/2022
|
FEMSA (FMX) to Buy Europe's Valora to Expand Retail Presence
- FEMSA (FMX) agrees to buy one of the leading convenience store and food service players in Europe, Valora. This is likely to fortify FEMSA's retail presence in the European markets.
- 07/06/2022
|
FMX vs. KO: Which Stock Is the Better Value Option?
- FMX vs. KO: Which Stock Is the Better Value Option?
- 07/04/2022
|
Strong Demand & Diversification to Support Brown-Forman (BF.B)
- Brown-Forman (BF.B) is likely to retain its momentum on robust demand for its brands and recovery in Travel Retail. Its portfolio diversification and cost management efforts also bode well.
- 06/21/2022
|
FMX vs. BROS: Which Stock Should Value Investors Buy Now?
- FMX vs. BROS: Which Stock Is the Better Value Option?
- 06/17/2022
|
Is Fomento Economico Mexicano (FMX) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/14/2022
|
Brown-Forman (BF.B) Q4 Earnings & Sales Beat, Stock Dips
- Brown-Forman's (BF.B) Q4 results reflect gains from the recovery in Travel Retail and strength across brands. The resurgence of Jack Daniel's Tennessee Whiskey drives the show.
- 06/08/2022
|
FMX or KO: Which Is the Better Value Stock Right Now?
- FMX vs. KO: Which Stock Is the Better Value Option?
- 06/01/2022
|
Is Fomento Economico Mexicano (FMX) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/26/2022
|
FEMSA: This Mexican Giant Is Much More Than Sum Of Its Parts
- The structure of the company makes the stock an overlooked and underpriced opportunity rewarding shareholders with dividend income while the management works to unlock value. FEMSA has plenty of value creation avenues in all timeframes providing an opportunity with growth at reasonable price.
- 05/24/2022
|
FMX vs. MNST: Which Stock Is the Better Value Option?
- FMX vs. MNST: Which Stock Is the Better Value Option?
- 05/16/2022
|
FEMSA (FMX) Q1 Earnings Lag Estimates, Revenues Surpass
- FEMSA's (FMX) Q1 results reflect top-line and operating margin gains, driven by growth across all segments. The gross margin reflects a contraction at Coca-Cola FEMSA and FEMSA's Fuel operations.
- 05/03/2022
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Management on Q1 2022 Results - Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q1 2022 Earnings Conference Call May 2, 2022 9:00 AM ET Company Participants Francisco Camacho Beltran - Chief Corporate Officer Eugenio Garza - CFO Juan Fonseca - VP of Investor Relations Jorge Collazo - Director of Investor Relations, Coca-Cola FEMSA Conference Call Participants Benjamin Theurer - Barclays Alan Alanis - Santander Sergio Matsumoto - Citi Alvaro Garcia - BTG Luis Willard - GBM Group Rodrigo Alcantara - UBS Thiago Bertolucci - Goldman Sachs Carlos Laboy - HSBC Operator Good morning.
- 05/02/2022
|
FEMSA (FMX) to Report Q1 Earnings: What's in the Offing?
- FEMSA's (FMX) Q1 results are expected to reflect gains from strength across business units, market recovery, digital growth and expansion amid supply-chain woes and higher raw material costs.
- 04/29/2022
|
FEMSA Schedules Conference Call to Discuss First Quarter 2022 Financial Results
- MONTERREY, Mexico, April 07, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its First Quarter 2022 Conference Call that will be held on:
- 04/07/2022
|
How To Profit From Mexican Manufacturing's Golden Age
- How To Profit From Mexican Manufacturing's Golden Age
- 04/05/2022
|
Wall Street Analysts Think Fomento Economico (FMX) Could Surge 26%: Read This Before Placing a Bet
- The average of price targets set by Wall Street analysts indicates a potential upside of 26% in Fomento Economico (FMX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 03/02/2022
|
FMX vs. MNST: Which Stock Should Value Investors Buy Now?
- FMX vs. MNST: Which Stock Is the Better Value Option?
- 03/01/2022
|
FEMSA (FMX) Misses on Q4 Earnings, Beats Revenues Estimates
- FEMSA (FMX) Q4 results gain from robust trends across its business units and markets. However, FEMSA Comercio's Fuel Division impacts the gross margin.
- 03/01/2022
|
Fomento Economico Mexicano, S.A.B. de C.V.'s (FMX) CEO Eduardo Padilla on Q4 2021 Results - Earnings Call Transcript
- Fomento Economico Mexicano, S.A.B. de C.V.'s (FMX) CEO Eduardo Padilla on Q4 2021 Results - Earnings Call Transcript
- 02/28/2022
|
FEMSA Announces Time Change for Fourth Quarter and Full Year 2021 Results Conference Call
- MONTERREY, Mexico, Feb. 14, 2022 (GLOBE NEWSWIRE) -- 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 Fourth Quarter and Full Year 2021 Conference Call on Monday, February 28, 2022. The call will now begin at 9:30 AM Eastern Time (8:30 AM Mexico City Time).
- 02/14/2022
|
5 Soft Drink Stocks to Watch Despite Near-Term Industry Woes
- The Beverages - Soft Drinks industry witnesses headwinds related to supply-chain disruptions and higher input costs. With innovative product introductions, KO, PEP, KDP, MNST and FMX look well poised.
- 01/03/2022
|
Morgan Stanley Upgrades Femsa - Read Why
- Morgan Stanley analyst Ricardo Alves upgraded Femsa or Fomento Economico Mexicano SAB De CV (NYSE:FMX) to Overweight from Equal Weight with a price target of $92, up from $90 (23% upside). Alves calls his change in rating "mostly a valuation call" as he thinks overall fundamentals have not changed significantly over the past few months but Femsa local shares are down about 7% this month.
- 11/24/2021
|
Fomento Economico (FMX) is a Top-Ranked Growth Stock: Should You Buy?
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 11/09/2021
|
Fomento Económico Mexicano, S.A.B. de C.V.'s (FMX) CEO Eduardo Padilla on Q3 2021 Results - Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V.'s (FMX) CEO Eduardo Padilla on Q3 2021 Results - Earnings Call Transcript
- 10/29/2021
|
FEMSA (FMX) Surpasses Q3 Earnings and Revenue Estimates
- FEMSA (FMX) Q3 results benefit from improved market trends, leading to growth across all segments.
- 10/29/2021
|
FEMSA Announces Senior Leadership Succession Plan
- Daniel Rodríguez to succeed Eduardo Padilla as CEO in January 2022 Daniel Rodríguez to succeed Eduardo Padilla as CEO in January 2022
- 10/15/2021
|
FEMSA (FMX) Looks Prim on Distribution Business Expansion
- FEMSA (FMX) is poised for growth on its focus on creating a national distribution platform in the United States through the expansion of footprint in the specialized distribution industry.
- 10/12/2021
|
FMX vs. MNST: Which Stock Is the Better Value Option?
- FMX vs. MNST: Which Stock Is the Better Value Option?
- 10/12/2021
|
FEMSA Schedules Conference Call to Discuss Third Quarter 2021 Financial Results
- MONTERREY, Mexico, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Third Quarter 2021 Conference Call that will be held on:
- 10/07/2021
|
FEMSA's (FMX) Penn Jersey Deal to Expand Distribution Presence
- FEMSA (FMX) to buy Penn Jersey to expand its specialized distribution presence along the East Coast. The move is in sync with its strategy of creating a national distribution platform.
- 09/10/2021
|
FEMSA's Envoy Solutions to acquire Penn Jersey Paper Co., further expanding its footprint in the Mid-Atlantic region of the United States
- MONTERREY, Mexico, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that Envoy Solutions, FEMSA's specialized distribution subsidiary in the United States, reached an agreement to acquire Penn Jersey Paper Co. (“PJP”), an independent specialized distribution company based in Philadelphia, Pennsylvania. PJP fits well with FEMSA's distribution footprint along the East Coast, expanding its coverage to include the Philadelphia metro area and New York City. This transaction represents another important step in FEMSA's strategic path to build a leading national distribution platform in the United States. Revenues of the acquired business for the last twelve months as of June 2021, were over US$ 200 million.
- 09/08/2021
|
Here's Why Hold Strategy is Apt for FEMSA (FMX) Stock Right Now
- FEMSA (FMX) continues to benefit from strong business momentum, digital and technological investments, and its acquisition strategy. Uneven growth across markets remains a threat.
- 09/02/2021
|
FEMSA expands its distribution footprint in the East Coast of the United States
- MONTERREY, Mexico, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that Envoy Solutions, FEMSA's specialized distribution subsidiary in the United States, reached an agreement to acquire Daycon Products Co. (“Daycon”), an independent specialized distribution company based in Upper Marlboro, Maryland. Daycon will further expand and strengthen FEMSA's distribution footprint along the East Coast of the United States, including Washington D.C. and the states of Virginia, West Virginia, Maryland, Delaware, New Jersey and Pennsylvania. This transaction represents another important step in FEMSA's strategic path to build a leading national distribution platform in the United States. Revenues of the acquired business for the last twelve months as of June 2021, were approximately US$ 75 million.
- 08/31/2021
|
5 Soft Drink Stocks to Stay Strong Amid Logistic & Supply Hardships
- Despite the logistics and costs headwinds, the Soft Drinks industry is poised to gain from product innovations. With innovative product launches, KO, PEP, MNST, KDP and FMX look well poised.
- 08/24/2021
|
FEMSA Undervalued As Latin American Consumers Recover
- FEMSA beat at the revenue and margin lines in Q2, with improving volume trends at Coca-Cola FEMSA, stronger same-store sales at OXXO, and better margins at OXXO and Health.
- 08/20/2021
|
FEMSA (FMX) Q2 Earnings Miss, Rise Y/Y on Recovered Trends
- Recovery across markets and business units, as consumers return to stores, aid FEMSA (FMX) in Q2. The company reports strong y/y comparisons across all units.
- 07/29/2021
|
CORRECTING and REPLACING - FEMSA Announces Second Quarter 2021 Results
- MONTERREY, Mexico, July 28, 2021 (GLOBE NEWSWIRE) -- In a release issued today, July 28, 2021, by Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) incorrect table figures in both the English and Spanish translation were included. Complete corrected text follows.
- 07/28/2021
|
FEMSA Announces Second Quarter 2021 Results
- MONTERREY, Mexico, July 28, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the second quarter of 2021.
- 07/28/2021
|
Things You Must Note Ahead of FEMSA's (FMX) Q2 Earnings
- FEMSA (FMX) Q2 results are expected to have witnessed from recovering economic trends, strong digital demand and momentum in FEMSA Comercio's Health division.
- 07/23/2021
|
FEMSA Schedules Conference Call to Discuss Second Quarter 2021 Financial Results
- MONTERREY, Mexico, July 07, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Second Quarter 2021 Conference Call that will be held on:
- 07/07/2021
|
Here's Why You Should Hold on to FEMSA (FMX) Stock for Now
- FEMSA (FMX) stock is worth holding on to, driven by its expansion initiatives and growth via acquisition strategy. It is also on track with digital investments to boost customer experiences.
- 06/22/2021
|
4 Stocks to Watch as Health Awareness Drives Soft Drinks Market
- Rising health awareness, and flavorful and natural drinks' demand are set to drive the soft drinks industry. Coca-Cola (KO), PepsiCo (PEP), Keurig Dr Pepper (KDP) and FEMSA (FMX) are stocks to watch.
- 06/21/2021
|
Another Tough Quarter For FEMSA, But Recovery Comes Next
- FEMSA reported inline revenue and EBITDA despite modestly weaker-than-expected same-store sales at OXXO, as renewed lockdowns in January and February hit the business.A reopening of Mexico's economy should drive sequential improvements in same-store sales for OXXO, and management is ready to continue expanding the geographic store footprint beyond Mexico.
- 05/27/2021
|
Fomento Económico Mexicano's (FMX) CEO Eduardo Padilla on Q1 2021 Results - Earnings Call Transcript
- Fomento Económico Mexicano's (FMX) CEO Eduardo Padilla on Q1 2021 Results - Earnings Call Transcript
- 05/01/2021
|
FEMSA (FMX) Q1 Earnings Beat Estimates, Rise Sequentially
- FEMSA's (FMX) first-quarter results reflect sequential improvements across most of its segments compared with fourth-quarter 2020. Sales growth and lower interest expense aid earnings.
- 04/30/2021
|
FEMSA Announces First Quarter 2021 Results
- MONTERREY, Mexico, April 29, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the first quarter of 2021.
- 04/29/2021
|
FEMSA Announces Successful Sustainability Linked Bond Issuances in the Euro Market
- MONTERREY, Mexico, April 28, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or “the Company”) (NYSE: FMX; BMV: FEMSAUBD) announced the placement of Euro-denominated sustainability linked notes in the international capital markets. FEMSA successfully issued EUR €700 million in senior notes due in 2028 bearing interest at an annual rate of 70 basis points over the relevant benchmark for a yield of 0.551%, and EUR €500 million in senior notes due in 2033 bearing interest at an annual rate of 88 basis points over the relevant benchmark for a yield of 1.068% (the “Notes”). This issuance represents the largest ever sustainability linked bond by a Latin American issuer, and it was backed by 196 international institutional investors and was oversubscribed 1.9x times.
- 04/28/2021
|
Here's What You Should Expect From FEMSA (FMX) in Q1 Earnings
- FEMSA (FMX) Q1 results are likely to reflect gains from digital initiatives and business expansion endeavors as well as gross margin growth. Soft pandemic-led sales trends are likely to have hurt.
- 04/26/2021
|
FEMSA Files 2020 SEC Annual Report
- MONTERREY, Mexico, April 14, 2021 (GLOBE NEWSWIRE) -- 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 fiscal year ended December 31, 2020 with the U.S. Securities and Exchange Commission (SEC) and its annual report, for the same period, with the Comisión Nacional Bancaria y de Valores (Mexican Banking and Securities Commission) and the Bolsa Mexicana de Valores (Mexican Stock Exchange).
- 04/14/2021
|
FEMSA Shareholders' Meeting Resolutions
- MONTERREY, Mexico, March 24, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or “the Company”) (NYSE: FMX; BMV: FEMSAUBD) held its Annual Ordinary General Shareholders Meeting today, during which its shareholders approved among other things, the consolidated financial statements for the year ended December 31, 2020, the annual report presented by the Board of Directors, the declaration and payment of dividends corresponding to the fiscal year 2020 and the appointment or reelection of the members of the Board of Directors, the Audit Committee, the Corporate Practices Committee and the Strategy and Finance Committee of the Board for 2021.
- 03/24/2021
|
10 Shy Blue-Chip Stocks That Deserve the Spotlight
- If you're looking for shy blue-chip stocks to buy, here are 10 with lower-than-average trading volumes to get you on your way. The post 10 Shy Blue-Chip Stocks That Deserve the Spotlight appeared first on InvestorPlace.
- 03/23/2021
|
Digital & Expansion Efforts Drive FEMSA (FMX): What's Ahead?
- FEMSA (FMX) is poised to capitalize on the shift to e-commerce through its digital initiatives and business-expansion endeavors. A positive gross margin trend builds optimism.
- 03/18/2021
|
FEMSA Remains Meaningfully Undervalued On Post-Pandemic Normalization
- FEMSA had a modestly better than expected fourth quarter, as business trends improved from the third quarter despite renewed restrictions in December.
- 03/09/2021
|
KOF vs. FMX: Which Stock Should Value Investors Buy Now?
- KOF vs. FMX: Which Stock Is the Better Value Option?
- 03/03/2021
|
FEMSA Announces Ordinary Dividend Proposal for 2021
- MONTERREY, Mexico, March 02, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announces that its Board of Directors has proposed an ordinary dividend in the amount of Ps. 7,687 million, to be paid during 2021. The dividend is subject to approval of the annual shareholders meeting to be held on March 24, 2021. This proposal represents a decrease of 25.8% compared to the dividend paid during 2020. It reflects a prudent approach after a challenging year, in which the global pandemic drove a reduction in FEMSA's cash flow received from certain investments and operations.
- 03/02/2021
|
FEMSA (FMX) Declines on Q4 Loss, Higher Operating Expenses
- FEMSA's (FMX) Q4 results reflect the impacts of the COVID-19 pandemic due to reduced consumer mobility and operating restrictions across its segments, particularly OXXO and OXXO Gas operations.
- 03/02/2021
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Management on Q4, 2020 Results - Earnings Call Transcript
- Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Management on Q4, 2020 Results - Earnings Call Transcript
- 03/01/2021
|
FEMSA Announces Fourth Quarter and Full Year 2020 Results
- MONTERREY, Mexico, March 01, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the fourth quarter and full year of 2020.
- 03/01/2021
|
Earnings Outlook For Fomento Economico
- On Monday, March 01, Fomento Economico (NYSE:FMX) will release its latest earnings report. Here is Benzinga's outlook for the company.
- 02/26/2021
|
FEMSA (FMX) to Report Q4 Earnings: What's in the Offing?
- Positive sales mix, tight expense control and a strong digital business are likely to have aided FEMSA's (FMX) Q4 performance. Softness in the Fuel Division and higher operating expenses remain headwinds.
- 02/24/2021
|
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2020 Financial Results
- MONTERREY, Mexico, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Fourth Quarter and Full Year 2020 Conference Call that will be held on:
- 02/09/2021
|
7 International Stocks for Worldwide Profits
- For those investors looking farther afield for their equity investments, here are seven international stocks to buy for worldwide profits. The post 7 International Stocks for Worldwide Profits appeared first on InvestorPlace.
- 02/01/2021
|
FEMSA (FMX) Fortifies Presence in US Specialized Distribution
- FEMSA (FMX) is on track to expand presence in the specialized distribution industry in the United States through the acquisition of two independent businesses in the industry.
- 12/17/2020
|
FEMSA increases its specialized distribution footprint in the United States
- MONTERREY, Mexico, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today it has reached agreements to acquire two independent specialized distribution businesses in the United States: Southeastern Paper Group, Inc., based in Spartanburg, South Carolina and Southwest Paper Company, Inc., (dba “SWPlus”) based in Wichita, Kansas. Combined revenues of the acquired businesses for the last twelve months as of September 2020, were approximately US$ 380 million.
- 12/16/2020
|
Reduced Consumer Activity Continues To Pummel FEMSA
- FEMSA posted better than expected third quarter results, but the beat was driven largely by Coca-Cola FEMSA, and underlying results at the OXXO convenience store business remain weak. OXXO's business model is predicated on frequent/repeated low-ticket visits, and same-store sales have been hit hard by reduced consumer mobility in Mexico.
- 11/02/2020
|
FEMSA Announces Third Quarter 2020 Results
- MONTERREY, Mexico, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the third quarter of 2020.
- 10/28/2020
|
First Eagle Investment's Top 2nd-Quarter Trades
- The firm's top investments were in software and beverages Continue reading...
- 08/11/2020
|
FEMSA Hit Hard As It Proves Less Defensive Than Hoped
- FEMSA shares have continued to underperform, as COVID-19 has forced governments in Latin America to pursue more strenuous mobility restrictions, hitting store traffic and consumer confidence/spending.
- 07/29/2020
|
High Yield With Deep Downside Market Protection From 3 Recession-Resistant Picks
- Income Investors (and most others) should avoid market uncertainty, getting protected yield, and downside market protection.
- 07/27/2020
|
FEMSA (FMX) Q2 Earnings & Sales Down Y/Y on Coronavirus Woes
- FEMSA (FMX) second-quarter results reflect significant impacts of the coronavirus outbreak across all segments caused by restrictions on mobility, soft consumer demand and lower supplies.
- 07/27/2020
|
Fomento Economico Mexicano S.A.B. de C.V. (FMX) Q2 2020 Earnings Call Transcript
- FMX earnings call for the period ending June 30, 2020.
- 07/25/2020
|
Fomento Economico Mexicano SAB de CV (FMX) CEO Eduardo Padilla on Q2 2020 Results - Earnings Call Transcript
- Fomento Economico Mexicano SAB de CV (NYSE:FMX) Q2 2020 Earnings Conference Call July 24, 2020, 10:00 ET Company Participants Eduardo Padilla - CEO & Director Juan Fonseca - VP, IR Conference Call Participants Benjamin Theurer - Barclays Bank Bob Ford - Bank of America Merrill Lynch Miguel Tortolero - GBM Marcella Recchia - Crédit Suisse Gustavo Oliveira - UBS Ulises Bolio - JPMorgan Chase & Co.
- 07/24/2020
|
FEMSA Announces Second Quarter 2020 Results
- MONTERREY, Mexico, July 24, 2020 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the second quarter of 2020. COVID-19 UPDATE: * We have kept our people and customer’s health and safety as our first priority. Our more than 25,000 vulnerable employees, and most of our administrative personnel remain safe at home, collaborating remotely when possible. We have increased availability of required protective equipment at most of our locations, and we have continued to successfully implement strict social distancing and health risk prevention policies across our operations, helping us in turn to ensure business continuity under a safe environment for our employees and customers. On the financial liquidity front, we continue to operate our business-specific cash control towers with a focus on cash preservation, with good results. FINANCIAL SUMMARY FOR THE SECOND QUARTER AND FIRST SIX MONTHS 2020 Change vs. same period last year Revenues Gross Profit Income from Operations Same-Store Sales 2Q20YTD20 2Q20YTD20 2Q20YTD20 2Q20YTD20 FEMSA CONSOLIDATED (10.7%)(3.1%) (9.1%)(1.6%) (37.5%)(18.9%) FEMSA COMERCIO Proximity Division (8.0%)0.7% (8.2%)2.4% (65.8%)(36.3%) (12.4%)(4.0%) Health Division 2.5%10.4% 5.2%10.6% (23.9%)(9.2%) (9.8%)(8.3%) Fuel Division (48.6%)(25.9%) (30.4%)(13.9%) (82.0%)(51.8%) (49.3%)(27.0%) COCA-COLA FEMSA (10.2%)(6.5%) (13.7%)(7.8%) (19.1%)(10.1%) Eduardo Padilla, FEMSA’s CEO, commented: “The second quarter was extremely challenging across our operations, although there were differences in performance among business units. At OXXO, we saw a meaningful impact from continuing lack of consumer mobility, that translated into soft performance for most of our categories and consumer occasions, and the challenge was compounded by the lack of beer supply that only began to recover in the month of June. Our Health Division fared better, as demand for its products remained high but sales were constrained by strict mobility restrictions imposed on consumers, particularly in our key South American markets. The Fuel Division was impacted most, as vehicle utilization fell quickly and drastically, however it is also the retail operation that seems to be rebounding faster, from a deeper trough. For its part, Coca-Cola FEMSA was quite resilient, leveraging its execution capabilities to once again adapt to consumer needs and minimize the negative impact of the downturn.Having said all that, our team continues to execute at a high level in very complex environments, and we continue to focus on the safety and health of our people and our customers above all else. Looking ahead, we are seeing a very tentative recovery that will probably take a long time, and we expect uncertainty to remain a factor for a while. However, we do expect the environment to gradually evolve from a lockdown-driven, mobility-challenged downturn, into a more traditional economy-driven one. Neither is good, but we have more levers to use and are more familiar with economy and income-driven slowdowns. In any scenario, we will continue to work hard to make the best of the current situation, and to identify and pursue opportunities that might emerge, as is often the case with crises.”To obtain the full text of this earnings release, please visit our Investor Relations website at https://femsa.gcs-web.com/ under the Financial Reports section FORWARD-LOOKING STATEMENTS This report may contain certain forward-looking statements concerning our future performance that should be considered as good faith estimates made by us. These forward-looking statements reflect management’s expectations and are based upon currently available data. Actual results are subject to future events and uncertainties, which could materially impact our actual performance.FEMSA is a company that creates economic and social value through companies and institutions and strives to be the best employer and neighbor to the communities in which it operates. It participates in the retail industry through FEMSA Comercio, comprising a Proximity Division operating OXXO, a small-format store chain, a Health Division, which includes drugstores and related activities, and a Fuel Division, which operates the OXXO GAS chain of retail service stations. In the beverage industry, it participates through Coca-Cola FEMSA, a public bottler of Coca-Cola products; and in the beer industry, as a shareholder of HEINEKEN, a brewer with operations in over 70 countries. Additionally, through its Strategic Businesses unit, it provides logistics, point-of-sale refrigeration solutions and plastics solutions to FEMSA's business units and third-party clients. Through its business units, FEMSA has more than 300,000 employees in 13 countries. FEMSA is a member of the Dow Jones Sustainability MILA Pacific Alliance, the FTSE4Good Emerging Index and the Mexican Stock Exchange Sustainability Index, among other indexes that evaluate is sustainability performance. CONTACT: Media Contact (52) 555-249-6843 comunicacion@femsa.com.mx www.femsa.com Investor Contact (52) 818-328-6167 investor@femsa.com.mx www.femsa.com/inversionista
- 07/24/2020
|
FEMSA (FMX) to Report Q2 Earnings: What's in the Offing?
- FEMSA's (FMX) second-quarter 2020 results are expected to reflect impacts of the pandemic, which has led to soft traffic trends across all divisions due to restrictions on mobility and elevated costs.
- 07/20/2020
|
FEMSA Schedules Conference Call to Discuss Second Quarter 2020 Financial Results
- MONTERREY, Mexico, July 09, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Second.
- 07/09/2020
|
FEMSA Announces Successful Re-tap to its Senior Unsecured Notes due 2050
- MONTERREY, Mexico, June 25, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced the successful placement of a US$700 million.
- 06/25/2020
|
Profit From Mexico's Bear Market: 3 Names To Watch
- Mexico has been in a brutal 7-year bear market; the company's primary ETF has plunged 50% since 2013. This has created a great deal of value in specific names.
- 06/23/2020
|
FEMSA reaches agreement with the Mexican tax authority to resolve interpretative differences and make payment
- MONTERREY, Mexico, May 29, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced that it reached an agreement with the Mexican tax.
- 05/29/2020
|
A Trio of Large Cap Stocks With Low Price-Sales Ratios
- Their businesses are highly profitable and based on solid financials Continue reading...
- 05/11/2020
|
A Trio of Large Cap Stocks With Low Price-Sales Ratios
|
Q1 Scorecard and Top Analyst Reports for Visa, PepsiCo & salesforce
|
Fomento Economico Mexicano S.A.B. de C.V. (FMX) Q1 2020 Earnings Call Transcript
- FMX earnings call for the period ending March 31, 2020.
- 05/01/2020
|
FEMSA (FMX) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
- FEMSA (FMX) delivers strong first-quarter 2020 results on robust top-line growth and higher operating income across most of its business units amid the coronavirus crisis.
- 05/01/2020
|
Edited Transcript of FEMSAUBD.MX earnings conference call or presentation 30-Apr-20 1:30pm GMT
- Q1 2020 Fomento Economico Mexicano SAB de CV Earnings Call
- 05/01/2020
|
FEMSA (FMX) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
|
FEMSA Q1 Sales Up 5.5% YoY
|
FEMSA Announces First Quarter 2020 Results
- MONTERREY, Mexico, April 30, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.
- 04/30/2020
|
FEMSA Files 2019 SEC Annual Report
- MONTERREY, Mexico, April 28, 2020 -- 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.
- 04/28/2020
|
FEMSA Files —…–9 SEC Annual Report
|
MERIAN GLOBAL INVESTORS UK Ltd Decreases Stake in Fomento Economico Mexicano SAB (NYSE:FMX)
- MERIAN GLOBAL INVESTORS UK Ltd reduced its holdings in shares of Fomento Economico Mexicano SAB (NYSE:FMX) by 19.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,451 shares of the company’s stock after selling 1,349 shares during the quarter. […]
- 04/27/2020
|
Lindbrook Capital LLC Buys 421 Shares of Fomento Economico Mexicano SAB (NYSE:FMX)
- Lindbrook Capital LLC boosted its holdings in shares of Fomento Economico Mexicano SAB (NYSE:FMX) by 825.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 472 shares of the company’s stock after purchasing an additional 421 shares during the quarter. Lindbrook Capital LLC’s holdings in […]
- 04/25/2020
|
Assenagon Asset Management S.A. Buys Shares of 14,068 Fomento Economico Mexicano SAB (NYSE:FMX)
- Assenagon Asset Management S.A. purchased a new position in Fomento Economico Mexicano SAB (NYSE:FMX) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 14,068 shares of the company’s stock, valued at approximately $851,000. Other hedge funds and other institutional investors also recently modified their holdings of the company. Coronation Fund Managers Ltd. lifted its holdings […]
- 04/24/2020
|
Cornerstone Advisors Inc. Has $74,000 Holdings in Fomento Economico Mexicano SAB (NYSE:FMX)
- Cornerstone Advisors Inc. raised its position in Fomento Economico Mexicano SAB (NYSE:FMX) by 23.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,220 shares of the company’s stock after acquiring an additional 232 shares during the period. Cornerstone Advisors Inc.’s holdings in Fomento Economico Mexicano SAB were […]
- 04/23/2020
|
Fomento Economico Mexicano SAB (FMX) to Release Earnings on Thursday
- Fomento Economico Mexicano SAB (NYSE:FMX) will issue its quarterly earnings data before the market opens on Thursday, April 30th. Parties that wish to listen to the company’s conference call can do so using this link. Fomento Economico Mexicano SAB (NYSE:FMX) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.71 earnings […]
- 04/23/2020
|
Fomento Economico Mexicano SAB (NYSE:FMX) Sets New 12-Month Low at $56.32
- Fomento Economico Mexicano SAB (NYSE:FMX) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $56.32 and last traded at $57.03, with a volume of 326587 shares trading hands. The stock had previously closed at $58.07. A number of equities analysts have weighed in on FMX shares. […]
- 04/22/2020
|
Stocks That Hit 52-Week Lows On Tuesday
- Before 10 a.m. ET Tuesday, 33 stocks hit new 52-week lows.
Intriguing Points:
Fomento Economico (NYSE: FMX) is the largest company in terms of market cap to set a new...
- 04/21/2020
|
Stocks That Hit 52-Week Lows On Monday
- Monday morning, 15 companies reached new 52-week lows.
Areas of Interest:
The largest company by market cap to set a new 52-week low was Fomento Economico (NYSE: FMX)...
- 04/20/2020
|
FEMSA Schedules Conference Call to Discuss First Quarter 2020 Financial Results
- MONTERREY, Mexico, April 15, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its First.
- 04/15/2020
|
Deprince Race & Zollo Inc. Purchases 14,710 Shares of Fomento Economico Mexicano SAB (NYSE:FMX)
- Deprince Race & Zollo Inc. increased its position in shares of Fomento Economico Mexicano SAB (NYSE:FMX) by 81.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,700 shares of the company’s stock after acquiring an additional 14,710 shares during the quarter. Deprince Race […]
- 04/15/2020
|
FEMSA Schedules Conference Call to Discuss First Quarter —…—… Financial Results
|
Fomento Economico Mexicano SAB (NYSE:FMX) Earns Buy Rating from Barclays
- Barclays reissued their buy rating on shares of Fomento Economico Mexicano SAB (NYSE:FMX) in a report released on Thursday morning, AnalystRatings.com reports. They currently have a $70.00 target price on the stock. Separately, Citigroup raised Fomento Economico Mexicano SAB from a neutral rating to a buy rating and set a $112.00 price objective for the […]
- 04/13/2020
|
First Republic Investment Management Inc. Has $456,000 Position in Fomento Economico Mexicano SAB (NYSE:FMX)
- First Republic Investment Management Inc. cut its holdings in shares of Fomento Economico Mexicano SAB (NYSE:FMX) by 9.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,827 shares of the company’s stock after selling 502 shares during the quarter. First Republic Investment Management […]
- 04/01/2020
|
Brinker Capital Inc. Boosts Holdings in Fomento Economico Mexicano SAB (NYSE:FMX)
- Brinker Capital Inc. increased its stake in shares of Fomento Economico Mexicano SAB (NYSE:FMX) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,217 shares of the company’s stock after buying an additional 323 shares during the quarter. Brinker Capital Inc.’s holdings in Fomento Economico Mexicano SAB were worth $777,000 as of […]
- 04/01/2020
|
Captrust Financial Advisors Invests $278,000 in Fomento Economico Mexicano SAB (NYSE:FMX)
- Captrust Financial Advisors purchased a new position in Fomento Economico Mexicano SAB (NYSE:FMX) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 2,888 shares of the company’s stock, valued at approximately $278,000. Several other large investors also recently modified their holdings of FMX. Marshall Wace LLP bought […]
- 04/01/2020
|
AQR Capital Management LLC Boosts Stake in Fomento Economico Mexicano SAB (NYSE:FMX)
- AQR Capital Management LLC grew its stake in shares of Fomento Economico Mexicano SAB (NYSE:FMX) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,874 shares of the company’s stock after buying an additional 985 shares during the quarter. AQR Capital […]
- 04/01/2020
|
Bill & Melinda Gates Trust Invests Big in Mexico Fund
- The trust, which administers the assets of the Gates’ foundation, disclosed that it now owns 5% of the closed-end fund, which focuses on Mexico Stock Exchange listings. The Mexico Fund has tumbled this year amid the market disruption cased by the coronavirus pandemic.
- 03/31/2020
|
Fomento Economico Mexicano SAB (NYSE:FMX) Shares Sold by Blueshift Asset Management LLC
- Blueshift Asset Management LLC trimmed its position in shares of Fomento Economico Mexicano SAB (NYSE:FMX) by 75.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,840 shares of the company’s stock after selling 8,639 shares during the quarter. Blueshift […]
- 03/28/2020
|
Shares of several consumer goods companies are trading higher amid market strength following US Senate passage of an economic stimulus package. NOTE: Packaged food and discount store stocks have been volatile recently amid consumer demand for staples.
|
Shares of several consumer goods companies are trading higher amid market strength on hopes of a US economic stimulus agreement. The sector has been volatile recently amid consumer demand for household staples and cleaning products.
|
FEMSA Shareholders Approve Ps. 10,360 Million Dividend
- MONTERREY, Mexico, March 20, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or “the Company”) (NYSE: FMX; BMV: FEMSAUBD) held its Annual Ordinary General.
- 03/20/2020
|
Stocks That Hit 52-Week Lows On Thursday
- On Thursday morning, 1178 companies hit new 52-week lows.
Facts of Interest:
The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...
- 03/19/2020
|
Stocks That Hit 52-Week Lows On Thursday
|
FEMSA Announces Ordinary Dividend Proposal for 2020
- MONTERREY, Mexico, March 12, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announces that its Board of Directors has proposed an.
- 03/12/2020
|
Shares of several consumer defensive and consumer cyclical companies are trading lower as equities sell off amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted stocks across sectors.
|
Stocks That Hit 52-Week Lows On Wednesday
- During Wednesday's morning session, 690 stocks hit new 52-week lows.
Intriguing Points:
Boeing (NYSE: BA) was the biggest company on a market cap basis to set a new...
- 03/11/2020
|
FEMSA (FMX) to Enter Specialized Distribution Industry in US
- FEMSA (FMX) is likely to enter the Jan-San, Packaging and Specialized distribution industry in the United States through pacts with WAXIE and North American.
- 03/10/2020
|
FEMSA enters the Jan-San and Specialized Distribution Industry in the United States
- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that it has entered into definitive agreements with the shareholders of WAXIE Sanitary Supply (“WAXIE”) and North American Corporation (“North American”) to form a new platform within the Jan-San, Packaging and Specialized distribution industry in the United States. The platform will bring together two market leaders in this field: WAXIE And North American, with FEMSA acquiring a majority controlling interest in the combined company. Current shareholders of WAXIE and North American will remain investors.
- 03/09/2020
|
FEMSA (FMX) Q4 Earnings Miss Estimates, Revenues Up Y/Y
- FEMSA's (FMX) Q4 earnings miss estimates on a decline in operating income at the FEMSA Comercio Health Division and Coca-Cola FEMSA. Top-line growth across most operations fuels total revenues.
- 02/28/2020
|
FEMSA (FMX) Q4 Earnings Miss Estimates, Revenues Up Y/Y
|
FEMSA Announces Fourth Quarter and Full Year 2019 Results
- MONTERREY, Mexico, Feb. 27, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.
- 02/27/2020
|
Stocks That Hit 52-Week Lows On Thursday
|
Here's How FEMSA (FMX) is Placed Ahead of Earnings in Q4
- FEMSA's (FMX) Q4 results might reflect growth across all segments on strength across regions, robust pricing and revenue-management initiatives. Higher expenses might have hurt margins.
- 02/24/2020
|
Orbis Allan Gray Ltd Buys Bristol-Myers Squibb Company, Fomento Economico Mexicano SAB de CV, ...
|
FEMSA Announces Successful Re-tap to its Senior Unsecured Notes due 2050
- MONTERREY, Mexico, Feb. 12, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced the successful placement of a US$300 million.
- 02/12/2020
|
Northcape Capital Pty Ltd Buys Itau Unibanco Holding SA, Grupo Aeroportuario del Pacifico SAB ...
|
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2019 Financial Results
- MONTERREY, Mexico, Feb. 10, 2020 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Fourth.
- 02/10/2020
|
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year —…–9 Financial Results
|
La Financiere De L'echiquier Buys The Walt Disney Co, Fomento Economico Mexicano SAB de CV, EOG ...
|
The 5 Wealthiest People in Mexico
- Most people in the know have heard of Carlos Slim and his massive fortune. But what about Mexico's other richest people?
- 02/03/2020
|
7 Underappreciated Foreign Dividend Stocks to Buy Now
- This is a great time to add the benefits of diversification to your portfolio with some attractive foreign dividend stocks.
- 01/31/2020
|
The Zacks Analyst Blog Highlights: Fomento Economico Mexicano, Southern Company, DISH Network, NextEra Energy and Charles Schwab
- The Zacks Analyst Blog Highlights: Fomento Economico Mexicano, Southern Company, DISH Network, NextEra Energy and Charles Schwab
- 01/30/2020
|
Coronation Fund Managers Ltd. Buys Trip.com Group, Fomento Economico Mexicano SAB de CV, ...
|
FEMSA Announces Successful Issuance in the U.S. Bond Market
- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced the placement of a U.S.-denominated SEC-registered offering of Senior Unsecured Notes in the international capital markets. FEMSA successfully issued USD $1,500 million in 30-year senior unsecured notes. This issuance received credit ratings of A- from Standard & Poor's and A from Fitch Ratings.
- 01/16/2020
|
FEMSA Buys a 40% Socofar Stake, Boosts Drugstore Operations
- FEMSA's (FMX) acquisition of the remaining 40% stake in Grupo Socofar is likely to bolster its drugstore business in South America and Mexico.
- 01/10/2020
|
FEMSA Buys a 40% Socofar Stake, Boosts Drugstore Operations
|
FEMSA Becomes Sole Shareholder of Grupo Socofar
- MONTERREY, Mexico, Jan. 09, 2020 -- Fomento Economico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that it has successfully completed the.
- 01/09/2020
|
Benzinga's Top Upgrades, Downgrades For January 7, 2020
|
KOF or FMX: Which Is the Better Value Stock Right Now?
|
FEMSA's (FMX) Unit Acquires AGV, Expands Footprint in Brazil
|
Black Creek Investment Management Inc. Buys Nutrien, Fomento Economico Mexicano SAB de CV, ...
|
Solistica Acquires AGV; Terms Not Disclosed
|
FEMSA's Sluggish Margins Give Some Fodder To Bears, But The Business Is Fine
|
FEMSA (FMX) Posts Solid Q3 Earnings, Revenues Improve Y/Y
|
Fomento Economico Mexicano declares $0.741 dividend
|
Here's Why FEMSA (FMX) Deserves a Place in Your Portfolio
|
FMX vs. KO: Which Stock Is the Better Value Option?
|
FMX vs. PEP: Which Stock Should Value Investors Buy Now?
|
Know the FEMSA (FMX) Stock In and Out Before You Invest
|
Monster Beverage (MNST) Slips on Q2 Earnings & Sales Miss
|
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) CEO Eduardo Padilla on Q2 2019 Results - Earnings Call Transcript
|
Stocks With Rising Relative Strength: Fomento Economico Mexicano
|
Beer Institute CEO Says Proposed Mexico Tariff Will Have $12.5M Cost Increase To Beer Industry Importers During June Alone; Says If Proposed Mexico Tariff Remains At 25%, Cost To Beer Industry Will Be $984M Per Year
|
Fomento Economico Mexicano goes ex-dividend tomorrow
|
FEMSA's First Quarter Was Messy, But Basically Positive
|
Fomento Economico Mexicano SAB de CV (FMX) CEO Eduardo Padilla on Q1 2019 Results - Earnings Call Transcript
|
5 Companies That Will Raise Earnings
|
Fomento Economico Mexicano Trying To Close In On Key Technical Benchmark
|
Fomento Economico Mexicano SAB de CV (FMX) CEO Eduardo Padilla on Q4 2018 Results - Earnings Call Transcript
|
Fomento Economico Mexicano reports Q4 results
|
Stocks Generating Improved Relative Strength: Fomento Economico Mexicano
|
GQG Partners LLC Buys Procter & Gamble Co, NextEra Energy Inc, HDFC Bank, Sells Facebook ...
|
Fomento Economico Mexicano Shows Improved Relative Price Performance; Still Shy Of Benchmark
|
Fomento Economico Mexicano Earns RS Rating Upgrade
|
Stocks Showing Improved Relative Strength: Fomento Economico Mexicano
|
Stocks With Rising Relative Strength: Fomento Economico Mexicano
|
Stocks Trading Ex Dividend For Fri., Nov. 2, 2018
|
FEMSA Offers A Strong Core Amid Market Wobbles
|
Fomento Economico Mexicano, S.A.B. de C.V. (FMX) CEO Eduardo Padilla on Q3 2018 Results - Earnings Call Transcript
|
FEMSA Reports 7.9% Revenue Growth YoY In Q3
|
Coca-Cola Femsa Down With Problems In Latin America
|
Here's What Investors Must Know About FEMSA (FMX) Stock
|
Fomento Economico Mexicano Sees Relative Strength Rating Climb To 71
|
Stocks With Rising Relative Strength: Fomento Economico Mexicano
|
Stock Market News For Sep 25, 2018
|
FEMSA (FMX) Stock Displays Solid Momentum: Will it Sustain?
|
Stocks Generating Improved Relative Strength: Fomento Economico Mexicano
|
Fomento Economico Mexicano Earns Relative Strength Rating Upgrade
|
Ashmore Group plc Buys Baidu Inc, Avianca Holdings SA, Itau Unibanco Holding SA, Sells Petroleo ...
|
Thornburg Investment Management Inc Buys AXA Equitable Holdings Inc, Walgreens Boots Alliance ...
|
Stock Upgrades: Fomento Economico Mexicano Shows Rising Relative Strength
|
|
|
FEMSA (FMX) Tops Q2 Earnings on Solid FEMSA Comercio Results
|
Earnings Scheduled For July 27, 2018
|
Coca-Cola (KO) Beats on Q2 Earnings & Revenues, Updates View
|
Baltimore Capital Management, Inc Buys Fomento Economico Mexicano SAB de CV, Azul SA, Sanderson ...
|
6 Stocks Boosting Their Book Value
|
Can Healthier Options Buoy the U.S. Soft Beverages Industry?
|
Dumac, Inc. Buys Orbital ATK Inc, Express Scripts Holding Co, Microsemi Corp, Sells PDC Energy ...
|
FEMSA Offers Long-Term Value, But 2018 Won't Be A Banner Year
|
Fomento Economico Mexicano's (FMX) CEO Eduardo Padilla on Q1 2018 Results - Earnings Call Transcript
|
Fomento Economico Mexicano reports Q1 results
|
Here's What Makes FEMSA (FMX) a Good Investment Choice Now
|
Is the Dismal Surprise Trend a Grave Concern for FEMSA (FMX)?
|
FEMSA Continues To Offer Attractive Value
|
FEMSA's (FMX) CEO Eduardo Padilla on Q4 2017 Results - Earnings Call Transcript
|
FEMSA Reports Q4 11.5% Income From Operations Grwoth, 10.1% Sales Growth At Retail Unit
|
Will Soft Margins Hinder FEMSA's (FMX) Earnings in Q4?
|
Ron Baron Buys Guidewire Software Inc, Loma Negra Cia Industria Argentina SA, Altair ...
|
A Little Near-Term Softness Hasn't Changed The FEMSA Story
|
Will FEMSA's (FMX) Upside on Sturdy Q3 Earnings Sustain?
|
Fomento Economico Mexicana Reports Q3 Sales Growth 14.3%, Same-Station Sales Up 16.2%, Operating Income Up 5.3%
|
JP Morgan Upgrades Fomento Economico Mexicano S.A.B. de C.V. Common Stock to Overweight
|
FEMSA's (FMX) Strategic Endeavors in Limelight: What's Ahead?
|
Stock Market News For Sep 19, 2017
|
Morgan Stanley Initiates Coverage On Fomento Economico Mexicano S.A.B. de C.V. Common Stock with Overweight Rating, Announces $120.00 Price Target
|
FEMSA (FMX) Stock Immune to Earnings Slump: Find Out Why
|
FEMSA Announces Eduardo Padilla to Succeed Carlos Salazar as CEOr in January 2018
|
FEMSA (FMX) Stock Dips 2% on Q2 Earnings & Revenue Miss
|
FEMSA Reports Q2 Sales Growth 21.4%, Comps At OXXO Up 10.3%, Comps At FEMSA Comercio's Fuel Unit Up 22.6%
|
Quality Stocks Gurus Are Buying
|
FEMSA's (FMX) Strategic Measures Drive Growth: Time to Hold?
|
E-Commerce: Not As Big As You Think
|
Stock Market News for February 28, 2017
|
FEMSA's (FMX) CEO Fred Davidson on Q4 2016 Results - Earnings Call Transcript
|
Coca-Cola FEMSA: Coke's Largest Franchised Bottler Is Undervalued
|
Baker Ellis Asset Management LLC Buys Fomento Economico Mexicano SAB de CV, Stryker Corp, ...
|
Femsa Makes A Brilliant Move With OxxoGas
|
4 Stocks Reach Their '-Year Low Prices
|
Benzinga's Top Initiations
|
Howard Marks' Oaktree Discloses Half Ownership of Company, 8 Stock Buys
|
FEMSA Comes Through Again
|
Fomento Economico Mexicano (FMX) Q3 2016 Results - Earnings Call Transcript
|
Coca-Cola FEMSA Offers Interesting Value Today And Upside Down The Line
|
FEMSA Building Its Empire A Quarter At A Time
|
Fomento Economico Mexicano's (FMX) Management on Q2 2016 Results - Earnings Call Transcript
|
FEMSA Schedules Conference Call to Discuss Second Quarter —…–6 Financial Results
|
Coca-Cola's Latest Acquisition Highlights New Push Into Non-Carbonated Beverages And International Growth
|
FEMSA Comercio Enters Convenience Store Space in Chile
|
Citigroup Upgrades Fomento Economico to Buy, Raises PT to $110.00
|
FEMSA Announces First Quarter —…–6 Results
|
FEMSA Files —…–5 SEC Annual Report
|
FEMSA Announces Successful Issuance in Euro Bond Market
|
Mexico Stock Exchange Resumes Trading
|
Fomento Economico Mexicano's (FMX) Management on Q4 2015 Results - Earnings Call Transcript
|
