Fomento Economico Mexicano SAB de CV ADR
FMX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$539.00 | Xwfcxsv | Ybrvcgdd |
Femsa Is Building on Its Initiatives Despite Rising Costs and Lingering Pandemic Effects
Business Strategy and Outlook
From a Coca-Cola bottler to a convenience store network, pharmaceutical operations to fuel stations, logistics services to restaurant depots, brewers, and specialized distributors, the number of businesses operating under the auspices of Femsa is impressive. Still, despite the breadth of operations, we see common threads that unite them, leading to symbiotic strategic relationships that strengthen the commercial prowess of each entity. Moreover, with largely separate management teams focused on their individual units and significant financial resources, we believe each segment is positioned to navigate its competitive landscape.