FEMSA (FMX) Q1 Earnings Decline Year Over Year, Revenues Up [Yahoo! Finance]
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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ir.femsa.com
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Source: Yahoo! Finance
FEMSA unit). The company posted adjusted net majority earnings per ADS of 47 cents, down from $1.16 earned in the year-ago quarter. Net consolidated income was Ps. 5,884 million (US$355.4 million), reflecting a decrease from Ps.50,329 million from the year-ago quarter. Total revenues were $10.8 billion (Ps. 178,204 million), which improved 11.3% year over year in the local currency. Revenue growth was driven by gains across FMX's business units. Fomento Economico Mexicano S.A.B. de C.V. Price, Consensus and EPS Surprise Fomento Economico Mexicano S.A.B. de C.V. price-consensus-eps-surprise-chart | Fomento Economico Mexicano S.A.B. de C.V. Quote Shares of the current Zacks Rank #4 (Sell) company have lost 12.9% in the past three months against the industry's 3.7% growth. Margins FEMSA's gross profit rose 10.9% year over year to Ps. 70,224 million (US$4.2 billion). The consolidated gross margin fell 20 basis points (bps), owing to the gross margin contractions at FEMSA Hea
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News
- Mexico's Wage Hikes Are a ‘Blessing' and Curse for Employers [BNN Bloomberg (Canada)]BNN Bloomberg
- FEMSA Announces First Quarter 2024 ResultsGlobeNewswire
- 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