Profile
Sector:
Consumer DefensiveIndustry:
BrewersCountry:
MexicoIPO:
11 May 1998Website:
http://www.femsa.comNext earnings report:
26 July 2024Last dividends:
16 April 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 21:30:00 GMTAnalysts recommendations
Institutional Ownership
FMX Latest News
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").
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.
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").
FEMSA (FMX) reports a decrease in earnings compared to the previous year in the first quarter of 2024, but revenues saw an 11.3% improvement year over year.
Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA" or the "Company") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is excited to announce its First Quarter Conference Call scheduled for April 15, 2024 in Monterrey, Mexico.
FEMSA (FMX) stays on growth track, thanks to its strategic initiatives, including expansion in the digital space and the U.S. specialized distribution industry.
FEMSA's (FMX) Q4 results reflect gains across its business units and an improved gross margin.
Here is how Fomento Economico (FMX) and JAPAN TOB (JAPAY) have performed compared to their sector so far this year.
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.
FEMSA (FMX) outlines insights into its FEMSA Forward strategy, providing capital allocation plans for the next few years.
What type of business is Fomento Economico Mexicano SAB de CV?
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.
What sector is Fomento Economico Mexicano SAB de CV in?
Fomento Economico Mexicano SAB de CV is in the Consumer Defensive sector
What industry is Fomento Economico Mexicano SAB de CV in?
Fomento Economico Mexicano SAB de CV is in the Brewers industry
What country is Fomento Economico Mexicano SAB de CV from?
Fomento Economico Mexicano SAB de CV is headquartered in Mexico
When did Fomento Economico Mexicano SAB de CV go public?
Fomento Economico Mexicano SAB de CV initial public offering (IPO) was on 11 May 1998
What is Fomento Economico Mexicano SAB de CV website?
https://www.femsa.com
Is Fomento Economico Mexicano SAB de CV in the S&P 500?
No, Fomento Economico Mexicano SAB de CV is not included in the S&P 500 index
Is Fomento Economico Mexicano SAB de CV in the NASDAQ 100?
No, Fomento Economico Mexicano SAB de CV is not included in the NASDAQ 100 index
Is Fomento Economico Mexicano SAB de CV in the Dow Jones?
No, Fomento Economico Mexicano SAB de CV is not included in the Dow Jones index
When does Fomento Economico Mexicano SAB de CV report earnings?
The next expected earnings date for Fomento Economico Mexicano SAB de CV is 26 July 2024