FMX Stock Recent News

FMX remains on track for growth on effective growth strategies and strong market demand. It is progressing well on the FEMSA Forward Strategy.

Fomento progresses smoothly on its Forward plan. The company divests its plastics solutions operations to AMMI.

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.

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:

FMX looks forward to divesting its few logistic operations to Grupo Traxion.

FEMSA is poised for growth on effective growth strategies, including the FEMSA Forward Strategy, Digital@FEMSA and retail business expansion.

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.

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.

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.

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.