Fomento Economico Mexicano (NYSE:FMX) Releases Earnings Results

Fomento Economico Mexicano (NYSE:FMX) posted its earnings results on Wednesday. The company reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.58), Zacks reports. Fomento Economico Mexicano had a return on equity of 6.37% and a net margin of 2.29%.The firm had revenue of $12.21 billion for the quarter, compared to analysts’ expectations of $11.98 billion.

Here are the key takeaways from Fomento Economico Mexicano’s conference call:

• FEMSA reported a late-2025 operational recovery at OXXO Mexico with Proximity Americas same-store sales nearing mid-single digits (4.4%) and traffic markedly improved, driven by affordability initiatives (returnable packages, multi-serve SKUs, lower-price SKUs) that regained market share.
• Management has implemented a corporate restructuring and tighter cost discipline, aligning Spin with OXXO and consolidating corporate functions, which management estimates will yield about a MXN 1 billion annualized improvement (efficiencies ramping in 2026 and materializing by 2027), though near-term provisions will partially offset early savings.
• Fourth-quarter financials showed improvement—total revenues +5.7% and operating income +8.5% (net income MXN 12.7bn, +33.6%)—and management remains committed to disciplined capital allocation (MXN 45.3bn CapEx in 2025, $3.1bn returned to shareholders in the last March cycle and ~ $1.3bn of planned extraordinary returns for Mar 2026–Mar 2027).
• The Health division underperformed, posting a COP 487 million provision for uncollectible institutional accounts in Colombia and signaling a tough 2026 as management focuses on stabilizing Mexico operations and improving cash flow and returns.
• FEMSA remains growth-oriented but disciplined on rollout—targets include accelerating Bara (store base +~33% in 2026), OXXO Brazil (~100 net new stores, >15% growth), OXXO Colombia (+20% store growth), and continued measured expansion in the U.S. and Europe while linking openings to traffic and unit economics.

Fomento Economico Mexicano Trading Down 0.6%

Shares of Fomento Economico Mexicano stock traded down $0.68 during trading hours on Friday, reaching $112.50. 251,593 shares of the company’s stock were exchanged, compared to its average volume of 437,563. The business has a fifty day moving average of $106.31 and a two-hundred day moving average of $98.15. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.10 and a quick ratio of 0.90. Fomento Economico Mexicano has a 1 year low of $83.08 and a 1 year high of $116.09.

Fomento Economico Mexicano Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 26th. Stockholders of record on Friday, January 16th were issued a dividend of $2.0531 per share. The ex-dividend date of this dividend was Friday, January 16th. This is a positive change from Fomento Economico Mexicano’s previous quarterly dividend of $2.00. This represents a $8.21 dividend on an annualized basis and a dividend yield of 7.3%. Fomento Economico Mexicano’s payout ratio is currently 91.94%.

Wall Street Analyst Weigh In

Several brokerages have commented on FMX. Weiss Ratings reissued a “hold (c-)” rating on shares of Fomento Economico Mexicano in a report on Thursday, January 22nd. The Goldman Sachs Group lifted their price target on shares of Fomento Economico Mexicano from $113.00 to $128.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, Barclays upped their price objective on shares of Fomento Economico Mexicano from $105.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $108.50.

Institutional Trading of Fomento Economico Mexicano

Hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Fomento Economico Mexicano by 2,006.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 337 shares of the company’s stock worth $35,000 after purchasing an additional 321 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Fomento Economico Mexicano by 42.5% in the second quarter. Tower Research Capital LLC TRC now owns 439 shares of the company’s stock valued at $45,000 after purchasing an additional 131 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in Fomento Economico Mexicano during the fourth quarter worth approximately $50,000. Brown Brothers Harriman & Co. boosted its stake in Fomento Economico Mexicano by 220.8% during the third quarter. Brown Brothers Harriman & Co. now owns 725 shares of the company’s stock worth $72,000 after buying an additional 499 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in Fomento Economico Mexicano by 15.1% in the 4th quarter. UMB Bank n.a. now owns 733 shares of the company’s stock valued at $74,000 after buying an additional 96 shares in the last quarter. Institutional investors and hedge funds own 61.00% of the company’s stock.

Fomento Economico Mexicano Company Profile

Fomento Económico Mexicano, SAB. de C.V. (FEMSA) is a Mexican multinational company active primarily in the retail and beverage sectors. Headquartered in Monterrey, Mexico, FEMSA’s operations span convenience store retailing, beverage bottling and distribution, and related logistics and consumer services. The company’s business model combines high-frequency retail outlets with large-scale beverage production and a regional supply chain network.

FEMSA Comercio, the company’s retail arm, operates a large chain of convenience stores under the OXXO brand and has expanded its retail footprint with complementary formats and services.