Fomento Economico Mexicano S.A.B. de C.V. - ADR

NYSE:FMX  
75.27
-2.07 (-2.68%)
4:14:01 PM EDT: $75.27 0.00 (0.00%)
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Market Cap (Intraday)16.27B
Current PE2.42
Forward PE 23.02
2yr Forward PE 19.2
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Estimates Current Quarter
Revenue$7.21 Billion
Adjusted EPS$1.14
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10-Day MA$79.18
50-Day MA$76.10
200-Day MA$81.57
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Fomento Economico Mexicano S.A.B. de C.V. - ADR Stock, NYSE:FMX

General Anaya 601 Poniente, Colonia Bella Vista, Monterrey, Nuevo Leon 64410
Phone: +52.81.8328.6000
Number of Employees:

Description

Fomento Economico Mexicano SAB de CV operates as a holding company, which engages in the production, distribution, and marketing of beverages. The firm also produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages. It operates through the following segments: Coca-Cola FEMSA; FEMSA-Comercio Proximity Division; FEMSA-Comercio Health Division; FEMSA-Comercio Fuel Division; Heineken Investment; and Other Business. The Coca-Cola FEMSA segment produces, markets, sells, and distributes Coca-Cola trademark beverages through standard bottler agreements in the territories where it operates. The FEMSA-Comercio Proximity Division segment operates a chain of small-format stores in Mexico. The FEMSA-Comercio Health Division segment involves drugstores and related operations. The FEMSA-Comercio Fuel Division segment deals with retail service stations for fuels, motor oils, and other car care products. The Heineken Investment segment invests in Heineken and distributes beer in a large number of countries. The Other Business segment involves other companies and corporate activities. The company was founded by Isaac Garza, Jos?© Calder?³n, Jos?© A. Muguerza, Francisco G. Sada, and Joseph M. Schnaider in 1890 and is headquartered in Monterrey, Mexico.