Fomento Economico Mexicano SAB de CV ADR

FMX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Femsa Earnings: Affordability Focus Drives Higher Average Ticket; Shares Fairly Valued

Kristoffer Inton

Apr 30, 2026

Femsa grew comparable sales by 8.5% in the first quarter, led by 8.3% growth in Oxxo Mexico and 10.5% growth in Americas & Mobility. Operating margin was flat at 6.9%, as wider margins in Oxxo Mexico, Americas & Mobility, and Europe were offset by contraction in Health and Coca-Cola Femsa.

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Fomento Economico Mexicano SAB de CV ADR

Femsa Earnings: Affordability Focus Drives Higher Average Ticket; Shares Fairly Valued

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