Femsa's Net Utility Grows for Exchange and World Earnings
8 Articles
8 Articles
Mexican bottling and retailer Femsa reported an annual increase of 64.9 percent in its net profit in the second quarter, driven by exchange earnings and increased consumption linked to the World Soccer Cup.
Fomento Económico Mexicano reported revenues of 231 thousand 2 mdp in the second trimester, an increase of 9.3% regarding the same period of 2025
The World Cup of Football had a positive effect on the performance of Oxxo during the second quarter of the year. The greater flow of consumers during the tournament and the phenomenon of Panini's collectible prints boosted the sales of the chain of convenience stores in Mexico, which allowed to compensate for a consumption environment that the company itself described as weak and to underpin its results of the second quarter of the year. Accord…
The conglomerate Fomento Económico Mexicano (FEMSA), owner of the Oxxo stores and the Coca-Cola FEMSA bottling company, could resume its plan to apply for a bank license for Spin, as a way to obtain anchoring to boost the credit granting business. In call with analysts and investors on the occasion of the quarterly results of the company, José Antonio Garza-Laguera, CEO of FEMSA, mentioned that the company has characteristics that make it unique…
PHOTO: MERCA2.0 The collectible prints of the Panini album of the FIFA World Cup contributed to the growth of sales of OXXO during the second quarter of 2026, recognized Fomento Económico Mexicano (FEMSA) in its most recent financial report. READ ALSO. Swiss OXXO are like this: FEMSA bets on open cooking, self-payment and fresh food to grow in Europe The company reported that OXXO Mexico's revenues increased 11.8% annually, from 77,539 million p…
In the second quarter of 2026 (2Q26), Fomento Económico Mexicano (FEMSA) obtained revenues of 231 thousand 002 million pesos (mdp), which meant an increase of 9.3% compared to what was achieved in the same period of 2025, driven by growth in Coca-Cola FEMSA, OXXO Mexico, Americas and Mobility, and Health, partially compensated by a decrease in Europe.
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