FMX - Fomento Económico Mexicano, S.A.B. de C.V.

NYSE - Nasdaq Real-time price. Currency in USD
94.07
+0.44 (+0.47%)
As of 11:55AM EST. Market open.
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Previous close93.63
Open93.63
Bid94.11 x 1300
Ask94.20 x 900
Day's range93.81 - 94.68
52-week range81.30 - 100.35
Volume86,522
Avg. volume427,514
Market cap168B
Beta (3Y monthly)0.14
PE ratio (TTM)41.26
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield1.51 (1.63%)
Ex-dividend date2019-11-01
1y target estN/A
All
News
Press releases
  • GlobeNewswire

    FEMSA completes investment in US cash and carry leader Jetro Restaurant Depot

    MONTERREY, Mexico, Nov. 08, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that it has signed definitive agreements and.

  • GlobeNewswire

    Solistica announces the acquisition of AGV, leader in value-added warehousing and distribution in Brazil

    Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that Solistica, FEMSA’s logistics subsidiary, has reached an agreement to acquire AGV, a leader in value-added warehousing and distribution in Brazil with gross annual sales approaching R$650 million. Founded in 1998, AGV operates a value-added warehousing and distribution platform with more than 300,000 m2 of warehousing space located across 15 states in Brazil and over 2,600 employees. Within its broad platform, AGV has built a particularly strong position in Brazil’s health and nutrition-related sector, as well as in fast-moving consumer goods, which fit well with Solistica’s existing capabilities and customer focus.

  • GlobeNewswire

    FEMSA Comercio announces the Closing of joint venture agreement with Raízen

    MONTERREY, Mexico, Nov. 01, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that its subsidiary, FEMSA Comercio, S.A. de.

  • GlobeNewswire

    FEMSA Announces Third Quarter 2019 Results

    MONTERREY, Mexico, Oct. 28, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.

  • GlobeNewswire

    FEMSA Announces Time Change for Third Quarter 2019 Results Conference Call

    MONTERREY, Mexico, Oct. 11, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) today announced that it has modified the start time for its.

  • GlobeNewswire

    FEMSA Schedules Conference Call to Discuss Third Quarter 2019 Financial Results

    MONTERREY, Mexico, Oct. 02, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Third Quarter.

  • GlobeNewswire

    FEMSA to invest in US cash and carry leader Jetro Restaurant Depot, creating a Joint Venture for Latin America

    MONTERREY, Mexico, Sept. 26, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today that it has signed a non-binding Memorandum.

  • GlobeNewswire

    FEMSA Comercio enters Convenience sector in Brazil through Joint Venture with Raízen

    BMV: FEMSAUBD) announced today that it has reached an agreement to enter into a 50-50 Joint Venture with Raízen.  Through this agreement, FEMSA Comercio will acquire a 50% interest in Raízen Conveniências.  The full Enterprise Value of Raízen Conveniências for the purpose of this transaction is R$1,122 Million, free of any debt or cash, and FEMSA Comercio’s 50% interest is therefore valued at R$561 Million. Raízen itself is a 50-50 Joint Venture between Cosan and Shell.  Raízen currently operates more than 6,200 Shell service stations in Brazil, and approximately one thousand of them have a Select brand convenience store today.  The stores are franchised or licensed by Raízen to independent operators.  The Joint Venture agreed upon today is limited to the convenience store business and excludes the fuel service station operations.

  • GlobeNewswire

    FEMSA Announces Second Quarter 2019 Results

    MONTERREY, Mexico, July 25, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.

  • GlobeNewswire

    FEMSA Announces Time Change for Second Quarter 2019 Results Conference Call

    MONTERREY, Mexico, July 15, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) today announced that it has modified the start time for its.

  • GlobeNewswire

    FEMSA Schedules Conference Call to Discuss Second Quarter 2019 Financial Results

    MONTERREY, Mexico, July 08, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Second.

  • GlobeNewswire

    FEMSA Comercio completes acquisition of Corporación GPF in Ecuador

    BMV: FEMSAUBD) announced today that FEMSA Comercio through its majority-owned subsidiary Socofar, it has successfully completed the acquisition of Corporación GPF (“GPF”). GPF is a leading drugstore operator based in Quito, Ecuador, with almost 90 years of solid trajectory, operating more than 620 points of sale nationwide mainly under the Fybeca and SanaSana banners. This transaction represents a new building block of FEMSA Comercio’s drugstore strategy in South America, following its successful acquisition of a controlling stake in the drugstore and distribution platform of Chile-based Socofar in 2015.  Today’s announcement marks another important step for FEMSA Comercio as it brings its considerable retail expertise and Socofar’s deep industry knowledge to the Ecuadorian market and its more than 16 million consumers.

  • GlobeNewswire

    FEMSA Announces First Quarter 2019 Results

    MONTERREY, Mexico, April 29, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.

  • GlobeNewswire

    FEMSA Files 2018 SEC Annual Report

    MONTERREY, Mexico, April 24, 2019 -- 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.

  • GlobeNewswire

    FEMSA Schedules Conference Call to Discuss First Quarter 2019 Financial Results

    MONTERREY, Mexico, April 04, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its First.

  • GlobeNewswire

    FEMSA Shareholders Approved Ps. 9,692 Million Dividend

    MONTERREY, Mexico, March 22, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX; BMV: FEMSAUBD) (“FEMSA” or “the Company”) held its Annual Ordinary General.

  • GlobeNewswire

    FEMSA Announces Fourth Quarter and Full Year 2018 Results

    MONTERREY, Mexico, Feb. 27, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for.

  • GlobeNewswire

    OXXO and Grupo Modelo agree on new commercial relationship

    BMV: FEMSAUBD) announced today that its subsidiary Cadena Comercial OXXO, S.A. de C.V. (“OXXO”) has signed an agreement with Grupo Modelo containing the terms for a new commercial relationship to sell the beer brands of Grupo Modelo at OXXO stores. Currently, OXXO sells only the beer brand portfolio of HEINEKEN Mexico.  Under the terms of the agreement announced today, starting in April of 2019 and following a gradual process, OXXO will also start selling the beer brands of Grupo Modelo in certain regions of Mexico, and will cover the entire Mexican territory by the end of 2022.  As an example, the markets where OXXO will start selling both brand portfolios simultaneously during 2019 include Guadalajara and Mexico City.

  • GlobeNewswire

    OXXO and HEINEKEN Mexico extend their commercial relationship

    BMV: FEMSAUBD) announced today that its subsidiary Cadena Comercial OXXO, S.A. de C.V. (“OXXO”) has signed an agreement with Cervezas Cuauhtémoc Moctezuma, S.A. de C.V. (“HEINEKEN Mexico”), and both companies have agreed to an extension of their existing commercial relationship, with certain important changes. The current successful commercial relationship between OXXO and HEINEKEN Mexico began in 2010 and has been conducted under a ten-year agreement, whereby the only beer brands sold by OXXO have been those of the HEINEKEN Mexico portfolio.

  • GlobeNewswire

    FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2018 Financial Results

    MONTERREY, Mexico, Feb. 07, 2019 -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Fourth.

  • GlobeNewswire

    FEMSA announces a change in its Board of Directors

    BMV: FEMSAUBD) announced that effective today, Mr. Carlos Salazar Lomelín has resigned to the Board of Directors of FEMSA. Mr. Salazar submitted his resignation as a member of the Board of Directors and Advisor to the Executive Chairman of the Board in order to participate as candidate in the election of president of the Consejo Coordinador Empresarial (“CCE”) of Mexico, position to which he was appointed today.