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Fomento Economico Mexicano, SAB de CV

FEMSAUBD.MX

Latest Trade

145.07MXN

Change

-6.75(-4.45%)

Volume

1,193,756

Today's Range

144.69

 - 

153.30

52 Week Range

112.72

 - 

185.00

As of on the Mexico Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
151.82
Open
151.78
Volume
1,193,756
3M AVG Volume
73.54
Today's High
153.30
Today's Low
144.69
52 Week High
185.00
52 Week Low
112.72
Shares Out (MIL)
17,891.13
Market Cap (MIL)
474,066.00
Forward P/E
60.16
Dividend (Yield %)
2.04

Next Event

Q4 2020 Fomento Economico Mexicano SAB de CV Earnings Release

Latest Developments

More

Femsa Comercio Announces Agreement With Chilean Retailer Smu To Acquire Ok Market Stores

Fomento Economico Mexicano Says Current Shareholders Of Waxie And North American Will Remain Investors

FEMSA Qtrly Consolidated Revenue Growth Of 10.2%

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About Fomento Economico Mexicano, SAB de CV

Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.

Industry

Beverages (Nonalcoholic)

Contact Info

General Anaya 601

PonienteCol. Bella Vista

64410

Mexico

+52.81.83286000

http://www.femsa.com/es/

Executive Leadership

Jose Antonio Fernandez Carbajal

Executive Chairman of the Board

Miguel Eduardo Padilla Silva

Chief Executive Officer, Director

Gerardo Estrada Attolini

Director of Corporate Finance

Alfonso Garza Garza

Chief Executive Officer of Strategic Businesses of FEMSA, Director

Daniel Alberto Rodriguez Cofre

Chief Executive Officer of FEMSA Comercio

Key Stats

2.25 mean rating - 16 analysts
Sell
Hold
Buy
Revenue (MM, MXN)

2017

460.5K

2018

469.7K

2019

506.7K

2020(E)

498.2K
EPS (MXN)

2017

11.850

2018

6.710

2019

1.030

2020(E)

2.524
Price To Earnings (TTM)
132.47
Price To Sales (TTM)
0.96
Price To Book (MRQ)
2.20
Price To Cash Flow (TTM)
12.05
Total Debt To Equity (MRQ)
110.96
LT Debt To Equity (MRQ)
100.15
Return on Investment (TTM)
1.91
Return on Equity (TTM)
1.33

Latest News

Latest News

Mexico's tax prosecutor says two large firms face criminal charges

Two big companies in Mexico face possible criminal charges over taxes after they failed to reach agreements with authorities, a top prosecutor said on Thursday, as officials seek to stop corporate tax evasion with threats of jail time.

In Mexico, only two big companies refused to pay taxes this year -official

Mexico's tax chief on Wednesday said officials have reviewed several hundred big companies this year in their push to boost tax collection, of which only two firms initially refused to pay.

Mexican tax campaign threatens rule of law, international attorneys say

An international lawyers' group has said Mexico is violating international law with threats to criminally prosecute attorneys as part of a campaign to make companies settle tax disputes.

Exclusive: 'There will be people in jail': Mexico plans arrests soon in tax crackdown

Mexico could issue arrest warrants for suspected tax dodgers by September, a top prosecutor said, as the government ramps up an aggressive campaign to squeeze more revenue out of businesses and end years of what it calls weak tax collection.

Mexico's Femsa says will pay $398 million in taxes

Mexican conglomerate Femsa said on Friday it will pay $398 million in taxes after reaching an agreement with authorities, marking another win for Mexico's government, which recently collected a similar sum from retailer Walmart de Mexico.

UPDATE 2-Mexico's Femsa warns of beer shortage, after strong quarterly results

Mexican conglomerate Femsa posted robust first quarter results on Thursday, but warned that the coronavirus crisis has prompted the firm to scale back spending and caused a dwindling supply of beer that drives its convenience store sales.

Mexico's Femsa says first quarter net profit triples

Mexican bottler and retailer Femsa said on Thursday its net profit more than tripled in the first quarter to 7.79 billion pesos ($327.2 million), compared with the same period a year earlier, exceeding analyst estimates.

UPDATE 2-Profit at Mexico's Femsa hit by peso's rise, Coca-Cola unit costs

Mexico's Femsa said on Thursday its fourth-quarter net profit fell by more than half compared with a year ago, dragged down by the Mexican peso's appreciation and higher costs at the conglomerate's Coca-Cola bottling unit.

Mexico's Femsa posts narrower fourth quarter net profit

Mexican bottler and retailer Femsa said on Thursday its net profit fell more than half in the fourth quarter to 4.79 billion pesos ($253.6 million) in comparison to the same period a year earlier.

UPDATE 1-Mexico retailers see slight slowdown in sales growth for 2020

Mexican retailers expect sales growth to slow slightly in 2020 after a stronger-than-expected performance last year, a top industry association said on Thursday.

Mexico City goes back to the future with plastic bag ban

Mexico City's new ban on plastic bags has inspired visions of a journey back in time even as local makers of the packaging worry they could become obsolete.

UPDATE 1-Mexico's Femsa posts jump in profits, Oxxo outlook hits shares

Mexico's Femsa notched a 55% rise in third-quarter net profit to 7.27 billion pesos ($369 million), the bottler and retailer said on Monday, but its shares fell on growth concerns with its Oxxo convenience store chain.

Mexico's Femsa reports 55% jump in third quarter net profit

Mexican bottler and retailer Femsa said on Monday its third-quarter net profit increased by 55% in the third quarter to 7.27 billion pesos ($369 million) in comparison to the same period a year earlier.

EMERGING MARKETS-LATAM Airlines soars, Mexican peso logs more than 1% weekly loss

Airlines headlined stock moves in Latin America on Friday, after Delta Air Lines' purchase of a stake in Chile's LATAM Airlines sent its shares soaring 30%, while Brazilian counterpart Gol slid. LATAM's surge saw Chile stocks jump up to 2.5% during the session and hit their...

Mexico's Femsa plans second major foreign investment in two months

Mexican conglomerate Femsa <FEMSAUBD.MX> said on Thursday it had signed a non-binding agreement to acquire a minority stake in U.S. cash-and-carry retailer Jetro Restaurant Depot, adding to recent investments by Mexican firms abroad.

Mexico's Femsa plans second major foreign investment in two months

Mexican conglomerate Femsa said on Thursday it had signed a non-binding agreement to acquire a minority stake in U.S. cash-and-carry retailer Jetro Restaurant Depot, adding to recent investments by Mexican firms abroad.

Conglomerate Femsa allocates $3 billion for Mexico over next 3 years

Mexican conglomerate Femsa <FEMSA plans to invest over 61 billion pesos ($3.12 billion) and create about 41,000 jobs in Mexico during the next three years, the company said in a statement on Friday, confirming earlier reports.

Femsa to invest $3 billion in Mexico through 2021: reports

Mexican conglomerate Femsa plans to invest 61.88 billion pesos ($3.14 billion) in Mexico from 2019 to 2021, creating some 41,000 direct jobs over that time, chairman Jose Antonio Fernandez Carbajal said on Thursday, according to local press.

UPDATE 1-Brazil's Lojas Americanas picks BR Distribuidora for convenience store partnership

Brazil's Lojas Americanas SA has signed a nonbinding memorandum of understanding with fuel distributor Petrobras Distribuidora SA to study a partnership in the convenience store segment, the discount retailer said on Friday.

CORRECTED-Brazil's Cosan says JV with Mexico's FEMSA to open 500 stores

Brazil's energy and logistic group Cosan SA said on Tuesday the joint venture formed between Raízen and Mexico's FEMSA to explore the convenience market in Brazil will open 500 stores with the OXXO and Select brands in the next three years.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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