Fomento Económico Mexicano, S.A.B. de C.V.
FMXUF
Other OTC13.04
USD
+0.28
- -
ISIN
MXP320321310
Return %
Stock
S&P500
1Y
31.72
19.01
3Y
9.67
65.48
5Y
48.18
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jose Antonio Fernandez Garza-Laguera
- Full Time Employees
- 394,010
- Sector
- Consumer Defensive
- Industry
- Beverages - Alcoholic
- Address
- General Anaya Nº 601 Pte. Monterrey NL Mexico 64410
- IPO Date
- Feb 7, 2012
- Website
- femsa.com
- Similar Companies
- Business
- Fomento Económico Mexicano, S.A.B. de C.V., known as FEMSA, engages in a broad array of operations through its various divisions, delivering essential products and services across diverse markets. Its beverage segment, Coca-Cola FEMSA, stands as the globe's largest franchise bottler of Coca-Cola products by sales volume, producing, marketing, and distributing these iconic brands along with a wide portfolio of waters, juices, teas, sports drinks, and dairy alternatives across ten nations including Mexico, Brazil, Colombia, and Argentina. In its retail division, FEMSA operates the extensive OXXO convenience store network, with over 24,462 locations spanning Mexico, Colombia, Peru, Chile, Brazil, and recently expanding into the United States through an acquisition in late 2024, with rebranding initiated in early 2025. This retail presence also includes OXXO GAS service stations, providing fuels and related automotive products primarily in Mexico, with its recent U.S. expansion including fuel retailing. The company's health segment encompasses a significant drugstore presence, with 4,667 points of sale across Chile, Colombia, Ecuador, and Mexico, featuring brands such as Cruz Verde, Fybeca, SanaSana, and YZA. Additionally, FEMSA is actively developing its digital ecosystem, including the Spin by OXXO fintech platform, which reported 8.6 million active users by the close of 2024, alongside its Spin Premia loyalty program. Expanding beyond the Americas, FEMSA also oversees Valora, a European retail and food service entity acquired in 2022, operating various convenience and foodvenience formats across several European nations. Furthermore, FEMSA holds strategic businesses involved in logistics services through Solistica, and the manufacturing of commercial refrigeration solutions via Imbera, alongside plastic components. However, under its 'FEMSA Forward' strategic framework, the company is exploring divestiture options for certain non-core strategic assets, including Solistica, by April 2025 to streamline its portfolio. Tracing its origins to 1890, Fomento Económico Mexicano, S.A.B. de C.V. maintains its corporate headquarters in Monterrey, Mexico, and employs over 392,000 individuals across 18 countries.