FMX Stock Recent News

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?

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.

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.

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.

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.

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.

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:

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.

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.

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.