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Stock impact report

FEMSA Announces Fourth Quarter and Full Year 2023 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 Check Earnings Report
US:NYSE Investor Relations: ir.femsa.com
Company Research Source: GlobeNewswire
MONTERREY, Mexico, Feb. 23, 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 fourth quarter and full year of 2023. FEMSA: Total Consolidated Revenues grew 4.6% against 4Q22.FEMSA Retail1: Proximity Americas total Revenues increased 14.2% against 4Q22.DIGITAL: Spin by OXXO had 6.9 million active users2 while Spin Premia had 19.3 million active loyalty users2 and an average tender3 of 31.0%.COCA-COLA FEMSA: Total volume and revenues grew 6.1% and 8.1%, respectively, against 4Q22. Financial Summary for the Fourth Quarter and Full Year 2023Change vs. comparable period  Total RevenuesGross ProfitIncome from OperationsSame-Store Sales 4Q23YTD234Q23YTD234Q23YTD234Q23YTD23FEMSA Consolidated4.6%17.7%8.5%15.7% Show less Read more
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