Earnings ·
Fomento Económico Mexicano, S.A.B. de C.V. reported second quarter 2026 financial results showing total consolidated…
FMXMexican Economic Development Inc
Fomento Económico Mexicano, S.A.B. de C.V. reported second quarter 2026 financial results showing total consolidated revenues of 231,002 million Mexican Pesos, a 9.3% increase year-over-year. Income from operations rose 7.2% to 19,110 million Pesos, while consolidated net income surged 64.9% to 9,221 million Pesos, driven by OXXO Mexico's 11.8% revenue growth and improved foreign exchange conditions. The company also announced a strategic equity investment by QED Investors into its lending business unit and completed a US$300 million accelerated share repurchase program. FEMSA operates in the retail and beverage sectors, including convenience stores, fuel, and Coca-Cola bottling across Latin America, Europe, and the United States.