Companies /Consumer Defensive

Fomento Economico Mexicano

NYSE: FMX Beverages - Brewers
$127.03
▼ $0.17 (−0.13%) today
Markets closed · 10:53pm ET

24/7 Wall St. View

FMX at a Glance

Valuation
Market cap
$43.3B
P/E ratio
8.2
Profitability
Revenue (TTM)
$894.7B
Profit margin
4.0%
EPS (TTM)
$15.45
Price
52-week range
$87 – $139
24/7 target
$152.77
Street target
$134.86

Headquartered in Monterrey, NL Fiscal year ends December NYSE: FMX femsa.com

About Mexican Economic Development

Fomento Económico Mexicano (FEMSA) is a diversified retail and beverage conglomerate operating across 18 countries with more than 369,000 employees. In retail, the company operates through four divisions: OXXO Mexico, the largest small-format convenience store chain in Mexico with 24,759 stores; Americas & Mobility, encompassing OXXO convenience stores across Brazil, Colombia, Chile, Peru, and the United States, as well as fuel station operations in Mexico and the U.S. totaling 772 gas stations; Europe, operating convenience and foodvenience formats in five European countries; and FEMSA Health, which includes drugstores and related activities in four Latin American countries (Mexico, Chile, Colombia, and Ecuador) with 4,569 locations. The company also operates Bara, a rapidly growing discount store format in Mexico with 898 stores. In beverages, FEMSA participates through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world by sales volume, producing and distributing trademark beverages of The Coca-Cola Company to more than 268 million consumers through over 2.1 million points of sale across Mexico, Brazil, Guatemala, Colombia, Argentina, Costa Rica, Nicaragua, Panama, Uruguay, and Venezuela. FEMSA's digital ecosystem includes Spin by OXXO, a digital financial services platform with 11.7 million active users, and Spin Premia, a loyalty program with 30.0 million active users. The company trades on the NYSE under the ticker FMX and on BMV as FEMSAUBD and FEMSAUB. Updated

FMX Coverage

Frequently Asked Questions

What does Mexican Economic Development do?

Fomento Económico Mexicano (FEMSA) is a diversified retail and beverage conglomerate operating across 18 countries with more than 369,000 employees.

What is the FMX stock price target?

24/7 Wall St.'s 12-month price target for FMX is $152.77, rated Buy. The Wall Street consensus target is $134.86. FMX price prediction →