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FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results
GlobeNewsWire· 2024-02-08 23:45
MONTERREY, Mexico, Feb. 08, 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 Fourth Quarter and Full Year 2023 Conference Call that will be held on: Friday, February 23, 202410:00 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 ...
What's Hot, What's Not: China Stocks Are Out. Top Picks From 3 Other Countries
InvestorPlace· 2024-02-06 03:44
A day doesn’t go by when another large asset management firm discusses why they are abandoning China for other international stock picks. The reality is that China stocks are out, but you should still consider stocks from other foreign countries. On Jan. 20, Bloomberg reported that Vontobel Asset Management—the Zurich-based asset manager had assets under management of 207 billion Swiss francs ($239 billion) at the end of October—selling its China holdings and moving this cash into other emerging markets suc ...
FEMSA(FMX) - 2023 Q3 - Earnings Call Transcript
2023-10-27 18:29
Hey, guys. Good morning. Thanks so much for space for question. Just one quick one here from my side. On the release there, you're mentioning on the proximity formats, the decrease in the contribution of financial services. So just to understand there, if there's any change in competitive landscape or dynamics or if there's any kind of specific situation that are impacting that part of the business? I mean when you spoke already about kind of Banorte going back and forth, but it would be great if we could g ...
FEMSA(FMX) - 2023 Q2 - Earnings Call Transcript
2023-07-27 22:58
Moving on to discuss our operations and beginning with proximity Americas. We added 444 new units during the second quarter to reach 1,391 net new stores for the last 12 months. This quarter's strong expansion set us ahead of our yearly expansion target, and it underscores OXXO Mexico's strong growth potential. Having said that, we will stick to an objective of 900 net new OXXO stores just in Mexico for the time being, and the expansion curve for the rest of the year should be smoother than usual. OXXO same ...
FEMSA(FMX) - 2023 Q1 - Earnings Call Transcript
2023-04-28 21:30
Operator Juan Fonseca Paco, please go ahead. Before we get into the quarter, let me update you on our FEMSA, our commitment to achieve a focus platform built on retail, Coca-Cola FEMSA, and our digital ecosystem. And the progress we have made in the couple of months since we last spoke. As you remember, a big part of FEMSA Forward is about driving growth in our core verticals and there was a lot of that in our first quarter result. Indeed 2023 is off to a good start and we are excited about our momentum. To ...
FEMSA(FMX) - 2022 Q4 - Annual Report
2023-04-23 16:00
Table of Contents As filed with the Securities and Exchange Commission on April 21, 2023 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, 2022 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 ...
FEMSA(FMX) - 2022 Q4 - Earnings Call Transcript
2023-02-24 22:11
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q4 2022 Earnings Conference Call February 24, 2023 9:00 AM ET Company Participants Eugenio Garza - Chief Corporate Financial Officer, Director of Finance & Corporate Development Daniel Rodríguez - CEO Juan Fonseca - VP, IR Francisco Camacho Beltrán - Chief Corporate Officer Conference Call Participants Benjamin Theurer - Barclays Bank Alan Alanis - Santander Héctor Maya - Scotiabank Ricardo Alves - Morgan Stanley Marcella Recchia - Crédit Suisse Robert F ...
FEMSA(FMX) - 2022 Q3 - Earnings Call Transcript
2022-11-01 03:57
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q3 2022 Earnings Conference Call October 31, 2022 11:00 AM ET Company Participants | --- | |---------------------------------------------------| | | | Juan Fonseca - Director, Investor Relations | | Paco Camacho - Chief Corporate Officer | | Eugenio Garza - Chief Financial Officer | | Jorge Collazo - Coke Investor Relations | | Conference Call Participants | | Ricardo Alves - Morgan Stanley Luis Willard - GBM | | Hector Maya - Scotia Bank | | Alan Alanis ...
FEMSA(FMX) - 2022 Q3 - Earnings Call Presentation
2022-11-01 03:56
3Q 2022 Results October 28, 2022 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 EYSE Dow Jones Sustainability Indices FEMSA HIGHLIGHTS Monterrey, Mexico, October 28, 2022 — 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. • PROXI ...
FEMSA(FMX) - 2022 Q3 - Quarterly Report
2022-09-11 16:00
Exhibit 99.1 Ad hoc announcement pursuant to article 53 LR FEMSA publishes the provisional interim result of the public tender offer for Valora – participation rate of 84.41% Monterrey, Mexico / Muttenz, Switzerland, September 12, 2022 – Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA"; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today published the provisional interim result of its public tender offer ("Offer") by FEMSA's wholly owned subsidiary Impulsora de Marcas e Intangibles, S.A. de C.V., to acquire a ...