Welcome to our dedicated page for Fomento Mexicano news (Ticker: FMX), a resource for investors and traders seeking the latest updates and insights on Fomento Mexicano stock.
Fomento Económico Mexicano (FEMSA) (NYSE: FMX) is a leading multinational corporation with core operations in beverage bottling and retail convenience stores. This page provides investors and stakeholders with centralized access to official press releases, financial disclosures, and strategic updates from one of Latin America's most diversified consumer companies.
Track FEMSA's latest developments across its global Coca-Cola bottling network, OXXO convenience store expansions, digital finance initiatives, and health retail ventures. Our curated news feed delivers timely updates on earnings reports, partnership announcements, operational milestones, and leadership changes.
Key coverage areas include quarterly financial results, supply chain innovations, market expansion strategies, and sustainability initiatives. All content is sourced directly from company filings and verified news outlets to ensure accuracy and compliance with financial reporting standards.
Bookmark this page for continuous access to FEMSA's evolving business narrative. Monitor critical updates through our organized news timeline, designed to help investors make data-driven decisions about this NYSE-listed industry leader.
FEMSA (NYSE: FMX) has announced that Jose Antonio Fernández Garza-Lagüera will become the company's new Chief Executive Officer effective November 1st, 2025. Currently serving as CEO of FEMSA Proximity & Health, Garza-Lagüera brings extensive experience from various leadership roles within FEMSA's business units.
The appointment follows a comprehensive succession planning process overseen by a Special Committee of the Board, chaired by Ricardo Saldívar Escajadillo. In his current role, Garza-Lagüera leads a team of over 180,000 colleagues and manages operations including 28,000 proximity stores across 11 countries, 4,300 drugstores in Latin America, and 550 fuel stations in Mexico.
José Antonio Fernández Carbajal will continue as Executive Chairman after serving as interim CEO since July 2023.
FEMSA (NYSE: FMX) announced the termination of its joint venture with Raízen in Brazil, known as "Grupo Nós". Through this agreement, FEMSA will gain full control of all OXXO stores in Brazil and the distribution center in Cajamar, São Paulo, while Raízen will retain the Shell Select convenience stores.
The transaction will be cash-neutral for both parties, with FEMSA assuming Grupo Nós' existing debt. The deal highlights FEMSA's strategic focus on Brazil's retail market, where it aims to expand OXXO's presence by leveraging the country's fragmented retail landscape and low penetration of modern convenience formats.
The transaction completion is pending regulatory approvals and expected to close in the coming months.
FEMSA (NYSE: FMX) reported mixed Q2 2025 results with total consolidated revenues growing 6.3% and income from operations increasing 1.2% year-over-year. The company faced challenges in Mexico due to soft consumer environment and adverse weather affecting retail and beverage operations.
Key performance metrics include: Proximity Americas revenues up 6.9% but operating income down 2.8%, Proximity Europe revenues surging 31.4% with 54.4% operating income growth, and Coca-Cola FEMSA revenues rising 5.0%. Digital services showed strong growth with Spin by OXXO reaching 9.4 million active users (18.8% growth) and Spin Premia achieving 26.6 million active loyalty users (16.9% growth).
FEMSA (NYSE: FMX) has announced its upcoming Second Quarter 2025 Conference Call, scheduled for Monday, July 28, 2025, at 11:00 AM Eastern Time (9:00 AM Mexico City Time). The quarterly results will be released before markets open on the same day.
Investors can participate via phone using toll-free US number (866) 580-3963 or international number +1 (786) 697-3501 with Conference ID: FEMSA. The call will also be available through live audio webcast on the company's investor relations website. A replay will be accessible at http://ir.femsa.com/results.cfm for those unable to join the live session.
FEMSA (NYSE: FMX) has completed the previously announced divestiture of its Solistica logistics operations to Grupo Traxión (BMV: TRAXIONA), a leading Mexican transportation and logistics company. The transaction, valued at 4,040 million Mexican pesos on a cash-free, debt-free basis, includes FEMSA's transportation management operations in Mexico and contract logistics operations across Mexico, Colombia, and Brazil.
The deal, which was initially disclosed on October 10, 2024, excludes FEMSA's LTL (less-than-truckload) operations in Brazil. This strategic move represents a significant restructuring of FEMSA's logistics portfolio.
FEMSA (NYSE: FMX) has announced entering into an accelerated share repurchase (ASR) agreement with a U.S. financial institution to repurchase company shares through American Depositary Shares (ADS). The agreement involves a total repurchase amount of $250 million.
Key details of the ASR include an initial delivery of 483,559 ADSs scheduled for May 20, 2025. The final number of shares to be repurchased will be determined by the daily volume-weighted average price of FEMSA's ADS during the agreement period, minus a discount. The ASR is expected to conclude by the third quarter of 2025.
FEMSA (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has announced the filing of its 2024 annual report with multiple regulatory bodies. The company has submitted its Form 20-F to the U.S. Securities and Exchange Commission and corresponding reports to Mexican regulatory authorities.
The comprehensive reports, which include audited financial statements for the fiscal year ended December 31, 2024, are now accessible through FEMSA's investor relations website at http://ir.femsa.com. Shareholders can request physical copies of the report at no cost through the company's contact information.
This regulatory filing demonstrates FEMSA's commitment to transparency and compliance with both U.S. and Mexican securities regulations.
FEMSA (NYSE: FMX) reported its Q1 2025 financial results, showing mixed performance across divisions. Total Consolidated Revenues grew 11.1% with Income from Operations up 4.9% compared to Q1 2024.
Key divisional performance:
- Proximity Americas: Revenue growth of 6.8% but Income from Operations declined 11.8%, with same-store sales down 1.8%
- Coca-Cola FEMSA: Strong performance with 10.0% revenue growth and 7.4% increase in Operating Income
- Digital Services: Spin by OXXO reached 8.9M active users (+20.9% YoY), while Spin Premia grew to 25.2M active loyalty users (+15.9% YoY)
- Health Division: Showed robust growth with 21.0% revenue increase and 27.4% growth in Operating Income
Management anticipates recovery approaching mid-year, with stronger momentum expected in Q3 2025 and beyond, despite current macroeconomic uncertainties.
FEMSA (NYSE: FMX) has announced its upcoming First Quarter Conference Call scheduled for Monday, April 28, 2025 at 10:00 AM Eastern Time (8:00 AM Mexico City Time). The quarterly financial results will be released before markets open on the same day.
Investors and analysts can participate through toll-free US number (866) 580-3963 or internationally at +1 (786) 697-3501 using Conference ID: FEMSA. The call will also be available via live audio webcast, with replay access provided through the company's investor relations website at http://ir.femsa.com.
FEMSA (NYSE: FMX) held its Annual Shareholders' Meeting on April 11, 2025, where shareholders approved key financial and operational decisions. The meeting resulted in the approval of consolidated financial statements for 2024, the CEO's annual report, and Board of Directors' opinion.
The company announced two significant dividend payments:
- An ordinary cash dividend of Ps. 0.95475 per Series 'D' share and Ps. 0.7638 per Series 'B' share (equivalent to Ps. 45.826 per ADS)
- An extraordinary cash dividend of Ps. 2.1060 per Series 'D' share and Ps. 1.6848 per Series 'B' share (equivalent to Ps. 101.084 per ADS)
Both dividends will be paid in four equal installments on April 25, July 18, October 17, 2025, and January 16, 2026. The meeting also confirmed new appointments to the Board of Directors, Audit Committee, Corporate Practices and Nominations Committee, and Operations and Strategy Committee for 2025.