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Stock impact report

FEMSA Announces Third Quarter 2022 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, Oct. 28, 2022 (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 third quarter of 2022. FEMSA: Total Consolidated Revenues grew 20.5% against 3Q21.PROXIMITY: Total Revenues increased 20.6% against 3Q21.HEALTH: Same-store sales grew 6.3% against 3Q21 on a currency-neutral1 basis.LOGISTICS & DISTRIBUTION: 14.6% organic2 total revenue growth compared to 3Q21.DIGITAL: Spin by OXXO reached 4.3 million users (over 69% active3) while OXXO Premia reached 22.3 million loyalty users (over 61% active3) and a 19% tender4.COCA-COLA FEMSA: Total volume grew 8.4% against 3Q21, driven by growth across all its geographies. Financial Summary for the Third Quarter and First Nine Months 2022Change vs. comparable period  RevenuesGross ProfitIncome from OperationsSame-Store Sales 3Q22YTD223Q22YTD223Q22YTD223Q22YTD22FEMSA Consolidated20.5%20.5%18.0%16.8% Show less Read more
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