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

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

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 Stock Performance

Fomento Economico Mexicano stock opened at $113.31 on Friday. Fomento Economico Mexicano has a 52 week low of $83.08 and a 52 week high of $116.09. The company’s 50-day moving average price is $106.31 and its two-hundred day moving average price is $98.15. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.10 and a quick ratio of 0.90.

Fomento Economico Mexicano Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 26th. Shareholders of record on Friday, January 16th were paid a dividend of $2.0531 per share. This represents a $8.21 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend was Friday, January 16th. This is a positive change from Fomento Economico Mexicano’s previous quarterly dividend of $2.00. Fomento Economico Mexicano’s dividend payout ratio is 91.94%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FMX. AQR Capital Management LLC boosted its position in shares of Fomento Economico Mexicano by 19.0% in the 1st quarter. AQR Capital Management LLC now owns 6,072 shares of the company’s stock valued at $593,000 after purchasing an additional 969 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Fomento Economico Mexicano by 2,006.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 337 shares of the company’s stock worth $35,000 after buying an additional 321 shares during the period. New York State Common Retirement Fund acquired a new position in shares of Fomento Economico Mexicano in the second quarter worth about $429,000. EverSource Wealth Advisors LLC increased its position in shares of Fomento Economico Mexicano by 61.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,156 shares of the company’s stock worth $119,000 after acquiring an additional 438 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of Fomento Economico Mexicano during the second quarter valued at approximately $504,000. Institutional investors and hedge funds own 61.00% of the company’s stock.

Fomento Economico Mexicano Company Profile

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.