Fomento Economico Mexicano SAB de CV ADR

FMX: XNYS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
LOCK|J@LOCK|N^wqGLOCK|@d!%GcN

Femsa Earnings: Affordability and World Cup Drive Strong Results, but Second Half Looks Challenged

Femsa grew comparable sales by 10% in the second quarter, led by 11.8% growth in Oxxo Mexico and 11.6% growth in Americas & Mobility (fuel operations and ex-Mexico Oxxo stores). Adjusted EBITDA margin expanded 40 basis points to 14.4%, driven by operating leverage and lower overhead costs.

Sponsor Center