Fomento Economico Mexicano SAB de CV ADR

FMX: XNYS (USA)

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Femsa Earnings: Affordability and World Cup Drive Strong Results, but Second Half Looks Challenged

Kristoffer Inton

Jul 28, 2026

Femsa grew comparable sales by 10% in the second quarter, led by 11.8% growth in Oxxo Mexico and 11.6% growth in Americas & Mobility (fuel operations and ex-Mexico Oxxo stores). Adjusted EBITDA margin expanded 40 basis points to 14.4%, driven by operating leverage and lower overhead costs.

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Fomento Economico Mexicano SAB de CV ADR

Femsa Earnings: Affordability and World Cup Drive Strong Results, but Second Half Looks Challenged

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