Fomento Economico Mexicano SAB de CV

Fomento Economico Mexicano SAB de CV operates as a holding company, which engages in the production, distribution, and marketing of beverages. The firm also produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages. It operates through the following segments: Coca-Cola FEMSA; FEMSA-Comercio Proximity Division; FEMSA-Comercio Health Division; FEMSA-Comercio Fuel Division; Heineken Investment; and Other Business. The Coca-Cola FEMSA segment produces, markets, sells, and distributes Coca-Cola trademark beverages through standard bottler agreements in the territories where it operates. The FEMSA-Comercio Proximity Division segment operates a chain of small-format stores in Mexico. The FEMSA-Comercio Health Division segment involves drugstores and related operations. The FEMSA-Comercio Fuel Division segment deals with retail service stations for fuels, motor oils, and other car care products. The Heineken Investment segment invests in Heineken and distributes beer in a large number of countries. The Other Business segment involves other companies and corporate activities. The company was founded by Isaac Garza, José Calderón, José A. Muguerza, Francisco G. Sada, and Joseph M. Schnaider in 1890 and is headquartered in Monterrey, Mexico.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FEMSA (FMX) continues to benefit from strong business momentum, digital and technological investments, and its acquisition strategy. Uneven growth across markets remains a threat.

Here's Why Hold Strategy is Apt for FEMSA (FMX) Stock Right Now

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.

FEMSA expands its distribution footprint in the East Coast of the United States

Keurig Dr Pepper Inc

Coca-Cola

Monster Beverage

PepsiCo

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.

5 Soft Drink Stocks to Stay Strong Amid Logistic & Supply Hardships

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.

FEMSA Undervalued As Latin American Consumers Recover

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.

FEMSA (FMX) Q2 Earnings Miss, Rise Y/Y on Recovered Trends

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Management on Q2 2021 Results - Earnings Call Transcript

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.

CORRECTING and REPLACING - 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.

FEMSA Announces Second Quarter 2021 Results

FEMSA (FMX) Q2 results are expected to have witnessed from recovering economic trends, strong digital demand and momentum in FEMSA Comercio's Health division.

Things You Must Note Ahead of FEMSA's (FMX) Q2 Earnings

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:

FEMSA Schedules Conference Call to Discuss Second Quarter 2021 Financial Results

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.

Here's Why You Should Hold on to FEMSA (FMX) Stock for Now

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.

4 Stocks to Watch as Health Awareness Drives Soft Drinks Market

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.

Another Tough Quarter For FEMSA, But Recovery Comes Next

Fomento Económico Mexicano's (FMX) CEO Eduardo Padilla on Q1 2021 Results - Earnings Call Transcript

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.

FEMSA (FMX) Q1 Earnings Beat Estimates, Rise Sequentially

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.

FEMSA Announces First Quarter 2021 Results

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.

FEMSA Announces Successful Sustainability Linked Bond Issuances in the Euro Market

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.

Here's What You Should Expect From FEMSA (FMX) in Q1 Earnings

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).

FEMSA Files 2020 SEC Annual Report

MONTERREY, Mexico, April 08, 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 First Quarter 2021 Conference Call that will be held on:

FEMSA Schedules Conference Call to Discuss First Quarter 2021 Financial Results

Ameriprise Financial

Five Below

Loews

Mohawk Industries

Pool

Raymond James

Sherwin-Williams

United Rentals

Whirlpool

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.

10 Shy Blue-Chip Stocks That Deserve the Spotlight

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.

Digital & Expansion Efforts Drive FEMSA (FMX): What's Ahead?

FEMSA had a modestly better than expected fourth quarter, as business trends improved from the third quarter despite renewed restrictions in December.

FEMSA Remains Meaningfully Undervalued On Post-Pandemic Normalization

Coca-Cola Femsa SAB de CV

KOF vs. FMX: Which Stock Is the Better Value Option?

KOF vs. FMX: Which Stock Should Value Investors Buy Now?

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.

News for Fomento Economico Mexicano SAB de CV Stock (FMX)