Fomento Economico Mexicano SAB de CV
NYSE:FMX
Fomento Economico Mexicano SAB de CV
Income from Continuing Operations
Fomento Economico Mexicano SAB de CV
Income from Continuing Operations Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Income from Continuing Operations | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Fomento Economico Mexicano SAB de CV
NYSE:FMX
|
Income from Continuing Operations
Mex$47.9B
|
CAGR 3-Years
1%
|
CAGR 5-Years
1%
|
CAGR 10-Years
9%
|
||
Arca Continental SAB de CV
BMV:AC
|
Income from Continuing Operations
Mex$22.6B
|
CAGR 3-Years
16%
|
CAGR 5-Years
14%
|
CAGR 10-Years
13%
|
||
O
|
Organizacion Cultiba SAB de CV
BMV:CULTIBAB
|
Income from Continuing Operations
Mex$1.3B
|
CAGR 3-Years
53%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Fomento Economico Mexicano SAB de CV
Glance View
Fomento Economico Mexicano SAB de CV, commonly known as FEMSA, is a stalwart in the Latin American business landscape, wielding a vast and diverse commercial empire. Its story is one of steady evolution marked by strategic foresight and business acumen. Originally founded in 1890 as a small brewery in Monterrey, the company's DNA still resonates with its early beginnings, but today, it has expanded far beyond its brewery roots to become a multifaceted conglomerate. As the largest independent Coca-Cola bottler in the world, FEMSA bottles and distributes beverages across Latin America and the Philippines, leveraging its extensive network to reach millions of consumers daily. This beverage arm not only sustains its traditional roots but also acts as a robust pillar that contributes significantly to its revenue stream. Beyond beverages, FEMSA has diversified its revenue model by delving into the retail industry, notably with its OXXO convenience store chain, which has grown to become a ubiquitous presence throughout Mexico and is expanding into other Latin American countries. With over 20,000 outlets, OXXO has solidified its status as a staple in everyday life, banking on convenience and accessibility, it generates substantial foot traffic a day to sell everything from snacks to last-minute necessities. Moreover, FEMSA's logistics and distribution subsidiary, FEMSA Comercio, serves as a backbone, ensuring efficiency and scale across its operations. With interests in the health sector, through pharmacies and other health-related businesses, and a stake in European quick-service restaurant brands, FEMSA continuously weaves its intricate business matrix, sewing together strategies that guarantee sustainable growth and a steady cash flow.
See Also
What is Fomento Economico Mexicano SAB de CV's Income from Continuing Operations?
Income from Continuing Operations
47.9B
MXN
Based on the financial report for Sep 30, 2024, Fomento Economico Mexicano SAB de CV's Income from Continuing Operations amounts to 47.9B MXN.
What is Fomento Economico Mexicano SAB de CV's Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 10Y
9%
Over the last year, the Income from Continuing Operations growth was 3%. The average annual Income from Continuing Operations growth rates for Fomento Economico Mexicano SAB de CV have been 1% over the past three years , 1% over the past five years , and 9% over the past ten years .