Fomento Economico Mex. Femsa

In its Q1 2026 letter Argosy Investors said it purchased Fomento Económico Mexicano (FMX), selling Coca-Cola FEMSA (KOF) in income-oriented accounts to shift exposure to FMX. The firm cited FMX’s Coca-Cola bottler franchise and a convenience-store expansion that should drive further beverage sales as reasons for the move. FMX closed at $122.88 on June 5, 2026 and has a market capitalization of $41.86 billion, while hedge fund holdings fell slightly quarter-on-quarter. » Mere på finance.yahoo.com

FEMSA convenes its ordinary and extraordinary shareholders’ meeting in Monterrey on March 27, 2026, and proposes two dividend measures for shareholder approval. The ordinary dividend is to rise by 3.7% and be paid quarterly at 0.9900 Ps. per FEMSAUB share or 1.1880 Ps. per FEMSAUBD share (11.88 Ps. per ADS). In addition, a special dividend is planned in four quarterly instalments of 1.679125 Ps. per FEMSAUB or 2.014925 Ps. per FEMSAUBD (20.14925 Ps. per ADS); payments are to begin in April 2026 and currently imply a dividend yield of around 6.6%. » Mere på de.investing.com

FEMSA posted a mixed performance in fiscal 2025, driven by a pronounced recovery in the fourth quarter: revenue rose 5.7% in Q4 and operating income increased 8.5%. Consolidated net income reached 12.7 billion MXN (+33.6% versus Q4 2024). Dragging factors included foreign exchange losses of 830 million MXN, lower interest income and provisions in the health division, while cost discipline and growth outside Mexico supported the improvement. The stock was steady in pre-market trade at $111.86. » Mere på de.investing.com

In October 2024 FEMSA acquired Delek's retail operations for $385 million, taking ownership of 249 DK-branded convenience stores in New Mexico, Arkansas and Texas. Many locations have been rebranded to OXXO, with all El Paso-area stores slated to display the OXXO brand by 2027. FEMSA continues to buy fuel for those sites from Delek and says it plans further expansion in the U.S. » Mere på finance.yahoo.com

Barclays lowered its price target for FEMSA to $105 from $107 while maintaining an Equal Weight rating. FEMSA reported Q3 2025 results with EPS of 7 Mexican pesos, missing consensus by about 15%, while revenue rose 9.1% year‑over‑year to 214.64 billion pesos and exceeded estimates. Net consolidated income fell 36.8% to 5.8 billion pesos, driven by a 1.3 billion peso non‑cash FX loss versus a prior‑year FX gain, and the company paid 11.8 billion pesos in dividends for the quarter. » Mere på finance.yahoo.com