Company

FEMSA

Official Name: Fomento Económico Mexicano, S.A.B. de C.V.

Headquarters: Monterrey, NL, Mexico

Founded: 1890

Employees: 320,808

CEO: Mr. Alfonso Garza Garza

BMV: FEMSAUBD -2.76%

Market Cap

MX$384.30 Billion

MXN as of Jan. 1, 2024

US$22.64 Billion

Market Cap History

FEMSA market capitalization over time

Evolution of Fomento Económico Mexicano, S.A.B. de C.V. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Fomento Económico Mexicano, S.A.B. de C.V.

Detailed Description

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages, including low-sugar or sugar-free carbonated beverages; refreshing juices, nectars, and fruit-based drinks; purified, and carbonated and flavored water; coffees, teas, and sports and energy drinks; and dairy products and products based on vegetable protein. It also operates small-box retail chain stores in Mexico, Colombia, Peru, the United States, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of coolers, commercial refrigeration equipment, and plastic cases; food processing, preservation, and weighing equipment; and provision of logistic transportation and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2020, it operated 19,566 OXXO small-format stores; 3,368 drugstores; and 558 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.

Top 1-year algo backtest: +181.22%

$10,000 in June 2023 would now be $28,122 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Stocks & Indices

Fomento Económico Mexicano, S.A.B. de C.V. has the following listings and related stock indices.


Stock: BMV: FEMSAUBD wb_incandescent

Stock: NYSE: FMX wb_incandescent

Stock: BCBA: FMX wb_incandescent

Stock: FSX: FOMA wb_incandescent

Key People

José Antonio Fernández (Chairman) Eduardo Padilla Silva (CEO) John Anthony Santa María Otazúa (CEO of Coca- Cola F E M S A) Daniel Alberto Rodriguez Cofre (CEO of F E M S A Comercio)

Financials

Revenue: MXN$506.7 billion (2019)

Net income: MXN$28.0 billion (2019)


Total assets: MXN$637.5 billion (2019)

Details

Headquarters:

General Anaya Nº 601 Pte.

Colonia Bella Vista

Monterrey, NL 64410

Mexico

Phone: 52 818 328 6000

Fax: 52 818 328 6080