SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2024 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) United Mexican States (Jurisdiction of incorporation or organization) General Anaya No. 601 Pte. Colonia Bella Vista Monterrey, N ...

Currency and Debt - As of December 31, 2023, Mexican peso-denominated debt represented 52.5% of the total debt[91] - The Mexican peso appreciated by approximately 13.3% against the U.S. dollar compared to 2022[94] - The Mexican peso experienced fluctuations of 5.0% appreciation in 2022 and 3.1% depreciation in 2021 against the U.S. dollar[94] - Future currency devaluations may increase operating costs, negatively impacting financial results[98] Economic and Political Environment - Economic conditions in Mexico are highly correlated with those in the United States due to the USMCA agreement[104] - Political developments in Mexico, including elections in 2023 and 2024, could introduce risks affecting operations and financial performance[99] Security and Operational Risks - Increased criminal activity in Mexico poses risks to business continuity and may negatively impact sales and customer traffic[100] - Volatility in commodity markets and supply chain disruptions due to geopolitical conflicts could adversely affect business operations[92] Corporate Governance - The voting trust owned 38.69% of the capital stock and 74.86% of the capital stock with full voting rights as of March 22, 2024[106] - As of April 23, 2024, there were no restrictions on the company's ability to pay dividends[115]

The first-quarter reports of companies in the Beverage industry, mainly comprising the alcohol and soft drink variants, are likely to reflect their abilities to navigate through the changing consumer preferences, global economic shifts and supply-chain challenges. Notably, the beverage industry participants have made strides to keep up with the changing consumer choices by optimizing their portfolios, focusing on core brands, investments in innovation and expansion into adjacent categories.Consumers have be ...

MONTERREY, Mexico, April 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its First Quarter Conference Call that will be held on: Friday, April 26, 202411:00 AM Eastern Time(9:00 AM Mexico City Time) To participate in the conference call please dial:Toll Free US: (866) 580 3963International: +1 (786) 697 3501Conference ID: FEMSA The quarterly results will be released on April 26 b ...

Fomento Economico Mexicano S.A.B. de C.V. (FMX) alias, FEMSA, has been in a good spot, courtesy of its robust strategic initiatives. FEMSA has been witnessing solid growth trends across all business units, owing to effective strategies and strong market demand. The company’s efforts to expand in the U.S. specialized distribution segment bode well.FMX's digital initiatives, business expansion endeavors and continued strength in OXXO Mexico and OXXO Gas have also been aiding results. Moreover, it displays sol ...

Fomento Economico Mexicano S.A.B. de C.V. (FMX) , alias FEMSA, reported fourth-quarter 2023 net majority earnings per ADS of 64 cents (Ps. 0.91 per FEMSA unit). The company posted adjusted net majority earnings per ADS of $1.07, missing the Zacks Consensus Estimate of $1.41.Net consolidated income was Ps. 6,337 million (US$375 million), reflecting a 20.7% decrease from the year-ago quarter.Total revenues were $11,232 million (Ps. 189,825 million), which improved 4.6% year over year in the local currency. Re ...

Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q4 2023 Earnings Conference Call February 23, 2024 10:00 AM ET Company Participants Juan Fonseca - VP, IR José Antonio Fernández - CEO and Executive Chairman Paco Camacho - CCO Eugenio Garza - CFO Conference Call Participants Ben Theurer - Barclays Ricardo Alves - Morgan Stanley Álvaro García - BTG Pactual Héctor Maya - Scotiabank Alan Alanis - Santander Thiago Bortoluci - Goldman Sachs Luis Willard - GBM Federico Galassi - TRG Operator Hello, and welcom ...

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Has Fomento Economico (FMX) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Fomento Economico is one of 193 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the indi ...

Fomento Economico Mexicano, S.A.B. de C.V. (FMX) , or FEMSA, is slated to report fourth-quarter 2023 earnings on Feb 23. The company is likely to have witnessed top-line growth in the quarter under review.The Zacks Consensus Estimate for FMX’s fourth-quarter revenues is pegged at $11.2 billion, indicating growth of 18.4% from the year-ago quarter's reported figure.The Zacks Consensus Estimate for FMX’s 2023 earnings of $5.90 per share suggests 66.2% growth from the year-ago quarter’s reported figure. The co ...

Fomento Economico Mexicano S.A.B. de C.V. (FMX) alias, FEMSA, has provided further insights on its future capital allocation, aligning with its FEMSA Forward strategy that was introduced in February 2023. The company’s capital allocation strategy is focused on enhancing long-term intrinsic per-share value.With a robust portfolio of compelling investment opportunities at its disposal, the company is poised to channel substantial capital into core organic growth initiatives, predominantly within Mexico. In Me ...