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

NYSE • Consumer Defensive • Beverages - Alcoholic • MX • USD

SharesGrow Score
59/100
3/7 Pass
SharesGrow Intrinsic Value
$42.27
-63.3%
Analyst Price Target
$116.00
+0.8%

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) is a publicly traded company in the Consumer Defensive sector, operating within the Beverages - Alcoholic industry. The company is headquartered in Monterrey, NL, Mexico. The current CEO is Jose Antonio Fernandez Garza-Laguera.

FMX has IPO date of 1998-05-11, 394,010 full-time employees, listed on the NYSE, a market capitalization of $23.19B.

About Fomento Económico Mexicano, S.A.B. de C.V.

Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a leading Mexican multinational operating across beverages, retail, and complementary services throughout Latin America. The company is the largest Coca-Cola bottler in the region, producing and distributing Coca-Cola trademark beverages across ten countries including Mexico, Guatemala, Colombia, Brazil, and Argentina. FEMSA also operates an extensive retail footprint through OXXO convenience stores, OXXO GAS fuel service stations, and pharmacy chains under multiple banners across Latin America. Additionally, the company provides logistical, refrigeration, and equipment solutions to support its beverage and retail operations. As of December 2021, FEMSA operated over 20,400 OXXO stores, nearly 3,700 drugstores, and 567 fuel service stations.

📍 General Anaya Nº 601 Pte., Monterrey, NL 64410 📞 52 818 328 6000
Company Details
SectorConsumer Defensive
IndustryBeverages - Alcoholic
CountryMexico
ExchangeNYSE
CurrencyUSD
IPO Date1998-05-11
CEOJose Antonio Fernandez Garza-Laguera
Employees394,010
Trading Info
Current Price$115.07
Market Cap$23.19B
52-Week Range83.08-116.09
Beta0.18
ETFNo
ADRYes
CUSIP344419106
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