FEMSA Announces First Quarter 2024 Results
Fomento Economico Mexicano S.A.B. de C.V. (FMX)
Last fomento economico mexicano s.a.b. de c.v. earnings: 10/26 05:05 pm
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US:NYSE Investor Relations:
ir.femsa.com
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Source: GlobeNewswire
MONTERREY, Mexico, April 26, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the first quarter of 2024. FEMSA: Total Consolidated Revenues grew 11.3% compared to 1Q23.FEMSA Retail1: Proximity Americas total Revenues increased 15.1% versus 1Q23.DIGITAL: Spin by OXXO had 7.4 million active users2 while Spin Premia had 21.7 million active loyalty users3 and an average tender3 of 35.1%.COCA-COLA FEMSA: Total volume and revenues grew 7.3% and 11.2%, respectively against 1Q23. Financial Summary for the First Quarter 2024Change vs. comparable period Total RevenuesGross ProfitIncome fromOperationsSame-Store Sales 1Q241Q241Q241Q24FEMSA Consolidated11.3%10.9%14.4% Proximity Americas15.1%19.9%11.5%
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News
- Mexico's Wage Hikes Are a ‘Blessing' and Curse for Employers [BNN Bloomberg (Canada)]BNN Bloomberg
- FEMSA (FMX) Q1 Earnings Decline Year Over Year, Revenues Up [Yahoo! Finance]Yahoo! Finance
- FEMSA Files 2023 SEC Annual ReportGlobeNewswire
- FEMSA Schedules Conference Call to Discuss First Quarter Financial ResultsGlobeNewswire
- FEMSA Shareholders’ Meeting ResolutionsGlobeNewswire
FMX
Sec Filings
- 4/26/24 - Form 6-K
- 4/23/24 - Form 20-F
- 4/23/24 - Form 6-K
- FMX's page on the SEC website