Fomento Economico Mexicano SAB de CV ADR FMX

Stock XNYS Rating as of Oct 1, 2026

Femsa Is Well Positioned With Coke Bottler Subsidiary and Oxxo's Dominance in Convenience Stores

Kristoffer Inton Jul 14, 2026

Business Strategy and Outlook

We award a narrow economic moat rating to Femsa based on the intangible assets and cost advantages at major subsidiaries Coca-Cola Femsa and the Oxxo small-format retail chain, which jointly make up over 70% of total sales and over 90% of operating profits.

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Fomento Economico Mexicano SAB de CV ADR FMX

Femsa Is Well Positioned With Coke Bottler Subsidiary and Oxxo's Dominance in Convenience Stores

Business Strategy and Outlook

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