Fomento Economico Mexicano (NYSE:FMX) Posts Earnings Results, Misses Estimates By $0.58 EPS

Fomento Economico Mexicano (NYSE:FMX) posted its earnings results on Wednesday. The company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.58), Zacks reports. Fomento Economico Mexicano had a return on equity of 6.37% and a net margin of 2.29%.The business had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.98 billion.

Here are the key takeaways from Fomento Economico Mexicano’s conference call:

• FEMSA reported a late-2025 operational recovery at OXXO Mexico with Proximity Americas same-store sales nearing mid-single digits (4.4%) and traffic markedly improved, driven by affordability initiatives (returnable packages, multi-serve SKUs, lower-price SKUs) that regained market share.
• Management has implemented a corporate restructuring and tighter cost discipline, aligning Spin with OXXO and consolidating corporate functions, which management estimates will yield about a MXN 1 billion annualized improvement (efficiencies ramping in 2026 and materializing by 2027), though near-term provisions will partially offset early savings.
• Fourth-quarter financials showed improvement—total revenues +5.7% and operating income +8.5% (net income MXN 12.7bn, +33.6%)—and management remains committed to disciplined capital allocation (MXN 45.3bn CapEx in 2025, $3.1bn returned to shareholders in the last March cycle and ~ $1.3bn of planned extraordinary returns for Mar 2026–Mar 2027).
• The Health division underperformed, posting a COP 487 million provision for uncollectible institutional accounts in Colombia and signaling a tough 2026 as management focuses on stabilizing Mexico operations and improving cash flow and returns.
• FEMSA remains growth-oriented but disciplined on rollout—targets include accelerating Bara (store base +~33% in 2026), OXXO Brazil (~100 net new stores, >15% growth), OXXO Colombia (+20% store growth), and continued measured expansion in the U.S. and Europe while linking openings to traffic and unit economics.

Fomento Economico Mexicano Price Performance

Shares of FMX stock traded down $0.03 during trading hours on Friday, hitting $113.14. 240,586 shares of the company were exchanged, compared to its average volume of 437,387. The company has a current ratio of 1.10, a quick ratio of 0.90 and a debt-to-equity ratio of 0.50. The firm has a fifty day simple moving average of $106.31 and a 200 day simple moving average of $98.15. Fomento Economico Mexicano has a 52-week low of $83.08 and a 52-week high of $116.09.

Fomento Economico Mexicano Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 26th. Stockholders of record on Friday, January 16th were paid a dividend of $2.0531 per share. This represents a $8.21 annualized dividend and a dividend yield of 7.3%. The ex-dividend date was Friday, January 16th. This is an increase from Fomento Economico Mexicano’s previous quarterly dividend of $2.00. Fomento Economico Mexicano’s dividend payout ratio (DPR) is 91.94%.

Wall Street Analysts Forecast Growth

FMX has been the subject of several analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Fomento Economico Mexicano in a research note on Thursday, January 22nd. Barclays increased their target price on shares of Fomento Economico Mexicano from $105.00 to $116.00 and gave the company an “equal weight” rating in a report on Tuesday, February 10th. Finally, The Goldman Sachs Group boosted their price target on shares of Fomento Economico Mexicano from $113.00 to $128.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $108.50.

Institutional Trading of Fomento Economico Mexicano

A number of large investors have recently bought and sold shares of FMX. AQR Capital Management LLC lifted its position in shares of Fomento Economico Mexicano by 19.0% during the 1st quarter. AQR Capital Management LLC now owns 6,072 shares of the company’s stock valued at $593,000 after buying an additional 969 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Fomento Economico Mexicano by 2,006.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 337 shares of the company’s stock valued at $35,000 after acquiring an additional 321 shares during the period. New York State Common Retirement Fund purchased a new stake in Fomento Economico Mexicano during the second quarter valued at about $429,000. EverSource Wealth Advisors LLC lifted its holdings in Fomento Economico Mexicano by 61.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,156 shares of the company’s stock valued at $119,000 after purchasing an additional 438 shares during the last quarter. Finally, Jump Financial LLC bought a new position in Fomento Economico Mexicano during the second quarter worth about $504,000. 61.00% of the stock is owned by hedge funds and other institutional investors.

About Fomento Economico Mexicano

Fomento Económico Mexicano, SAB. de C.V. (FEMSA) is a Mexican multinational company active primarily in the retail and beverage sectors. Headquartered in Monterrey, Mexico, FEMSA’s operations span convenience store retailing, beverage bottling and distribution, and related logistics and consumer services. The company’s business model combines high-frequency retail outlets with large-scale beverage production and a regional supply chain network.

FEMSA Comercio, the company’s retail arm, operates a large chain of convenience stores under the OXXO brand and has expanded its retail footprint with complementary formats and services.