Stock FEMSA UBD FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.
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Company Fomento Económico Mexicano, S.A.B. de C.V.

Equities

FEMSA UBD

MXP320321310

Food Retail & Distribution

End-of-day quote Mexican S.E.
Other stock markets
 18/05/2026 		5-day change 1st Jan Change
211.62 MXN +0.58% Intraday chart for Fomento Económico Mexicano, S.A.B. de C.V. +1.54% +16.36%
05-16 Femsa's NetPay Unveils Payments System for Mexico Gasoline Stations MT
05-15 Fomento Economico Mexicano's NetPay Rolls Out Digital Payments System for Gas Stations MT

Business description: Fomento Económico Mexicano, S.A.B. de C.V.

Fomento Economico Mexicano SAB de CV, formerly known as Valores Industriales SA, is a Mexico-based holding company. The Company’s scope of activities is divided into three primary business divisions based on the Firm’s subsidiaries’ operations: Coca-Cola FEMSA, which focuses on manufacturing, marketing, selling, and distributing of various kinds of beverages primarily through Coca-Cola FEMSA SAB de CV as well as its subsidiaries; Proximidad & Salud, which is related to retail-sale operations conducted in American countries such as Mexico, Brasil, Colombia, and European countries, including Germany, Switzerland, among others, as well as running a chain of gasoline stations in Mexico; Digital@FEMSA, which is engaged in providing digital-ecosystem solutions connected with virtual payments, issuing gift cards, and other financial services. Additionally, through its other subsidiaries, the Firm is also involved in industries such as logistics and foodservice.

Number of employees: 370,426

Sales by Activity: Fomento Económico Mexicano, S.A.B. de C.V.

Fiscal Period: December 2021 (MXN) 2022 (MXN) 2023 (MXN) 2024 (MXN) 2025 (MXN)

Americas Proximity Division

199B 234B 279B 307B 329B

Coca-Cola FEMSA

195B 227B 245B 280B 292B

Health Division

73.03B 74.8B 75.36B 79.76B 88.13B

Fuel Division

39.92B 51.81B 58.5B 65.36B 67.2B

Europe Division

- 9.81B 43.55B 49.76B 57.03B

Others

21.75B 25.68B 56.88B 20.21B 29.13B

Distribution and Logistics

48.41B 72.54B - - -

Consolidation Adjustment

-20.24B -22.13B -55.2B -20.49B -21.11B
See all business segments

Geographical breakdown of sales: Fomento Económico Mexicano, S.A.B. de C.V.

Fiscal Period: December 2021 (MXN) 2022 (MXN) 2023 (MXN) 2024 (MXN) 2025 (MXN)

Mexico

356B 419B 457B 503B 542B

Brazil

59.97B 70.74B 53.57B 81.86B 92.52B

Colombia

17.55B 45.73B 57.43B 54.78B 62B

Europe

- 9.81B 43.55B 49.76B 57.03B

Chile

54.71B 35.42B 35.44B 34.26B 37.04B

Central America

37.65B 49.95B 117B 56.14B 33.45B

United States

28.08B 49.7B 15M 3.73B 13.7B

Argentina

8.55B 11.03B 6.67B 10.99B 11.01B

Ecuador

9.08B 9.79B 8.99B 9.45B 10.87B

Peru

- - - - 1.84B

Uruguay

3.37B 3.89B 4.42B 5.82B 1.04B

Other South America

1.63B -9.54B -25.53B -7.92B -

Consolidation Adjustments

-20.24B -22.13B -55.2B -20.49B -21.11B
See all geographic segments

Executive Committee: Fomento Económico Mexicano, S.A.B. de C.V.

Manager TitleAgeSince
Jose Antonio Garza-Lagüera CEO
 Chief Executive Officer - 01/11/2025
Martin Felipe Arias Yaniz DFI
 Director of Finance/CFO 59 01/04/2024
Gerardo Estrada Attolini DFI
 Director of Finance/CFO 69 01/01/2006
Juan Fernando Fonseca Serratos IRC
 Investor Relations Contact 63 01/01/2002
Jessica Ponce de Leon Gaitan PRN
 Corporate Officer/Principal 52 01/05/2024
See FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. governance

Composition of the Board of Directors: Fomento Económico Mexicano, S.A.B. de C.V.

Director TitleAgeSince
Eva María Garza Lagüera Gonda BRD
 Director/Board Member 68 01/01/1999
Michael Larson BRD
 Director/Board Member 66 01/01/2011
José Antonio Fernández Carbajal CHM
 Chairman 72 01/01/2001
Mariana Garza Lagüera de Treviho Gonda BRD
 Director/Board Member 56 01/01/2005
Ricardo Ernesto Saldívar Escajadillo BRD
 Director/Board Member 73 01/01/2006
Alfonso Garza Garza BRD
 Director/Board Member 63 01/01/2001
Bárbara Garza Lagüera Gonda BRD
 Director/Board Member 67 01/01/1998
Victor Alberto Tiburcio Celorio BRD
 Director/Board Member 75 01/01/2018
Bertha Paula Michel Gonzále BRD
 Director/Board Member 62 01/01/2020
Alejandro Baillères Gual BRD
 Director/Board Member 66 27/04/2022
Composition of the Board of Directors

Shareholders: Fomento Económico Mexicano, S.A.B. de C.V.

NameEquities%Valuation
Mariana Garza Lagüera de Treviho Gonda
0.6596 %
13,291,404 0.6596 % 157 M $
BBVA Asset Management Mexico SA de CV SOFI
0.5698 %
11,482,770 0.5698 % 135 M $
Maximino José Michel González
0.2796 %
5,635,016 0.2796 % 66 M $
Bertha Paula Michel Gonzále
0.2154 %
4,340,202 0.2154 % 51 M $
SAM Asset Management SA de CV SOFI
0.1964 %
3,958,042 0.1964 % 47 M $
NameEquities%Valuation
Cascade Investment Advisors, Inc.
12.9 %
557,746,980 12.9 % 6 575 M $
Maximino José Michel González
0.8034 %
34,725,090 0.8034 % 409 M $
Mariana Garza Lagüera de Treviho Gonda
0.615 %
26,582,808 0.615 % 313 M $
Francisco José Calderón Rojas
0.3837 %
16,583,458 0.3837 % 196 M $
José Antonio Fernández Carbajal
0.3164 %
13,676,544 0.3164 % 161 M $
NameEquities%Valuation
Momentum Global Investment Management Ltd.
0.000403 %
8,118 0.000403 % 948 811 $
NameEquities%Valuation
Cascade Investment Advisors, Inc.
12.9 %
557,746,980 12.9 % 6 575 M $
Maximino José Michel González
0.8034 %
34,725,090 0.8034 % 409 M $
Mariana Garza Lagüera de Treviho Gonda
0.615 %
26,582,808 0.615 % 313 M $
José Fernando Calderón Rojas
0.3837 %
16,583,458 0.3837 % 196 M $
José Antonio Fernández Carbajal
0.3164 %
13,676,544 0.3164 % 161 M $
NameEquities%Valuation
FEMSA Voting Trust
74.86 %
6,922,134,985 74.86 % 81 605 M $
Cascade Investment Advisors, Inc.
3.016 %
278,873,490 3.016 % 3 288 M $
Alfonso Garza Garza
0.2604 %
24,073,305 0.2604 % 284 M $
Juan Carlos Garza Garza
0.2315 %
21,401,156 0.2315 % 252 M $
Alejandro Baillères Gual
0.0984 %
9,095,762 0.0984 % 107 M $
NameEquities%Valuation
Cascade Investment LLC
13.84 %
27,887,350 13.84 % 3 297 M $
First Eagle Investment Management LLC
6.403 %
12,902,253 6.403 % 1 526 M $
RBC Trust Co. Delaware Ltd.
3.241 %
6,531,033 3.241 % 772 M $
Harding Loevner LP
2.758 %
5,558,756 2.758 % 657 M $
Fidelity Management & Research Co. LLC
1.765 %
3,557,459 1.765 % 421 M $
NameEquities%Valuation
FEMSA Voting Trust
97.7 %
1,384,426,997 97.7 % 12 807 M $
Alfonso Garza Garza
0.2704 %
3,831,417 0.2704 % 35 M $
Mariana Garza Lagüera de Treviho Gonda
0.004411 %
62,512 0.004411 % 578 286 $
Operadora Actinver SA de CV
0.003405 %
48,250 0.003405 % 446 351 $
José Antonio Fernández Carbajal
0.000071 %
1,000 0.000071 % 9 251 $
List of FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. shareholders

Company details: Fomento Económico Mexicano, S.A.B. de C.V.

Fomento Economico Mexicano SAB de CV

General Anaya 601 Poniente

64410, Monterrey

+52 818 328 6000

http://www.femsa.com
address Fomento Económico Mexicano, S.A.B. de C.V.(FEMSA UBD)

Group companies: Fomento Económico Mexicano, S.A.B. de C.V.

NameCategory and Sector
Montevideo Refrescos SRL
Logo Montevideo Refrescos SRL

Montevideo Refrescos SRL

Beverages: Non-AlcoholicConsumer Non-Durables

Makes and distributes soft drinks

Beverages: Non-Alcoholic
Coca Cola Femsa de Costa Rica SA
Logo Coca Cola Femsa de Costa Rica SA

Coca Cola Femsa de Costa Rica SA

Beverages: Non-AlcoholicConsumer Non-Durables

Manufactures soft drinks

Beverages: Non-Alcoholic
COCA-COLA FEMSA SAB DE CV
Beverages: Non-Alcoholic
COCA-COLA FEMSA SAB DE CV
Beverages: Non-Alcoholic
Coca-Cola Femsa de Buenos Aires SA
Logo Coca-Cola Femsa de Buenos Aires SA

Coca-Cola Femsa de Buenos Aires SA

Beverages: Non-AlcoholicConsumer Non-Durables

Bottles soft drink products of The Coca-Cola Co

Beverages: Non-Alcoholic
See all subsidiaries

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FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. Stock Fomento Económico Mexicano, S.A.B. de C.V.
+0.58%+1.54%+5.31%+19.86% 37.68B
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KESKO OYJ Stock Kesko Oyj
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Average +1.05%-1.25%+6.18%+33.50% 20.4B
Weighted average by Cap. +0.81%-1.37%+11.82%+49.56%
See all sector performances

Sector

Consumer Non-Cyclicals
Food & Drug Retailing
Food & Drug Retailing
Food Retail & Distribution
Supermarkets & Convenience Stores

Ratings

Trader

Trader

This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.

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Global

Global

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ESG MSCI

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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
211.62MXN
Average target price
232.89MXN
Spread / Average Target
+10.05%
Consensus
EPS Estimates
Revisions to estimates

Quarterly revenue - Rate of surprise

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Income Statement and Estimates

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