MONTERREY, Mexico, July 01, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the closing of its divestiture, previously disclosed on October 10, 2024, of certain of its logistics operations doing business as Solistica, to Grupo Traxión, S.A.B. de C.V. (BMV: TRAXIONA), a leading transportation and logistics company based in Mexico. The transaction includes FEMSA’s transportation management operations in Mexico, ...

Fomento Economico Mexicano S.A.B. de C.V. (FMX) , alias FEMSA, is focused on its Forward Strategy, which emphasizes the long-term value creation of its core businesses. FEMSA's capital allocation strategy revolves around key principles aimed at maximizing shareholder value while maintaining prudent financial management. In the latest move, the company entered into an accelerated share repurchase (ASR) agreement with a financial organization in the United States to buy back its shares via the acquisition of ...

Core Viewpoint - FEMSA has entered into an accelerated share repurchase (ASR) agreement to repurchase $250 million of its American Depositary Shares (ADS) to enhance capital returns to shareholders [1][2]. Group 1: ASR Agreement Details - The ASR agreement involves an initial delivery of 483,559 ADSs on May 20, 2025 [1]. - The total number of shares repurchased will depend on the daily volume-weighted average price of the ADS during the agreement term, minus a discount [2]. - The final settlement of the ASR is expected to be completed by the third quarter of 2025 [2]. Group 2: Company Overview - FEMSA operates in the retail industry through its Proximity Americas Division, which includes the OXXO small-format store chain, and Proximity Europe, which operates Valora [3]. - The company also has a Health Division that includes drugstores and digital financial services initiatives [3]. - In the beverage sector, FEMSA is the largest franchise bottler of Coca-Cola products globally by volume [3]. - FEMSA employs over 392,000 people across 18 countries and is recognized in various sustainability and ESG indexes [3].

MONTERREY, Mexico, April 30, 2025 (GLOBE NEWSWIRE) -- Fomento Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC) followed by its annual report, for the same period, with the Comisión Nacional Bancaria y de Valores (Mexican Banking and Securities Commission) and the Bolsa Mexicana de Valores (Mexican Stock Exchange). ...

Fomento Economico Mexicano S.A.B. de C.V. (FMX) , alias FEMSA, reported first-quarter 2025 net majority earnings per ADS of 79 cents (Ps. 1.62 per FEMSA unit). The company posted adjusted net majority earnings per ADS of 45 cents, down from 47 cents in the year-ago quarter and missed the Zacks Consensus Estimate 52 cents.Net consolidated income was Ps. 8,943 million (US$437.1 million), reflecting growth of 54.3% from the year-ago quarter.Total revenues were US$9.58 billion (Ps. 195,820 million), which impro ...

Core Insights - FEMSA reported a total revenue growth of 11.1% and an increase in income from operations by 4.9% for the first quarter of 2025 compared to the same period in 2024 [5] - The company faced challenges in the Proximity Americas segment, with total revenues growing by 6.8% but income from operations decreasing by 11.8% [5] - Coca-Cola FEMSA achieved a revenue growth of 10.0% and an income from operations increase of 7.4% compared to the first quarter of 2024 [5] Financial Performance - Total revenues for FEMSA reached a growth of 11.1% in Q1 2025 [5] - Gross profit increased by 15.8% in the same period [2] - Income from operations rose by 4.9% compared to Q1 2024 [5] Segment Analysis - Proximity Americas experienced a revenue growth of 6.8% but faced a significant decline in income from operations by 11.8% [2][5] - Proximity Europe saw a revenue increase of 18.0% but a decline in income from operations by 14.6% [2] - The Health segment reported a revenue growth of 21.0% and a substantial increase in income from operations by 27.4% [2] - The Fuel segment had a modest revenue growth of 1.8% but faced a decline in income from operations by 13.9% [2] User Engagement - Spin by OXXO had 8.9 million active users, representing a growth of 20.9% compared to Q1 2024 [5] - Spin Premia recorded 25.2 million active loyalty users, reflecting a growth of 15.9% compared to the same period last year [5] - The average tender for Spin Premia increased to 42.5% from 35.1% in Q1 2024 [5] Management Commentary - The CEO highlighted the company's ability to navigate a challenging environment, particularly in Mexico, leveraging a geographically diversified business platform [3] - The company anticipates a recovery in its Mexico business as the year progresses, projecting momentum in the second half of 2025 [6] - Management expressed confidence in the initiatives being implemented to drive revenues and lower costs [7]

1Q 2025 Results April 28, 2025 Investor Contact (52) 818-328-6167 investor@femsa.com.mx femsa.gcs-web.com Media Contact (52) 555-249-6843 comunicacion@femsa.com.mx femsa.com Exhibit 99.1 April 28, 2025 | Page 1 HIGHLIGHTS Monterrey, Mexico, April 28, 2025 — 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 2025. Financial Summary for the First Quarter 2025 José Antonio Fernandez Carbajal, FE ...

Table of Contents As filed with the Securities and Exchange Commission on April 24, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 Commission file number 001-35934 Fomento Económico Mexicano, S.A.B. de C.V. (Exact name of registrant as specified in its charter) Mexican Economic Development, Inc. (Translation of registrant's name into English ...

Fomento Economico Mexicano S.A.B. de C.V. (FMX) , alias FEMSA, shares have rallied 24.3% in the year-to-date period. With this rise, FMX shares have outperformed the broader industry and the Consumer Staples sector’s growth of 10.7% and 5.7%, respectively. The company’s shares have also surpassed the S&P 500’s decline of 12.6% in the same period.FMX’s YTD Stock Performance Image Source: Zacks Investment Research At the current price of $106.23, the FMX stock trades at a 13.7% discount to its 52-week high of ...

Core Points - FEMSA held its Annual Shareholders' Meeting on April 11, 2025, where shareholders approved the consolidated financial statements for the year ended December 31, 2024, the CEO's annual report, and the Board of Directors' opinion for 2024 [1] - The meeting resulted in the election of the board of directors and various committee members for 2025 [2] - An ordinary cash dividend was declared, amounting to Ps. 0.95475 per Series "D" share and Ps. 0.7638 per Series "B" share, totaling Ps. 4.5826 per "BD" Unit and Ps. 45.826 per ADS, to be paid in four installments [2] - An extraordinary cash dividend was also approved, amounting to Ps. 2.1060 per Series "D" share and Ps. 1.6848 per Series "B" share, totaling Ps. 10.1084 per "BD" Unit and Ps. 101.084 per ADS, to be paid in four installments [3] Company Overview - FEMSA creates economic and social value through its various companies and institutions, aiming to be the best employer and neighbor in its operating communities [4] - The company operates in the retail industry through its Proximity Americas Division, which includes OXXO, and Proximity Europe, which encompasses Valora [4] - FEMSA's Health Division includes drugstores and digital financial services initiatives, while its beverage segment is represented by Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products globally by volume [4] - The company employs over 392,000 individuals across 18 countries and is recognized in several global indices for its performance and sustainability [4]