Fomento Economico Mexicano S.A.B. de C.V. ADR
Price
Key statistics
- Forward rate
- $3.59
- Yield
- 2.74%
- Payout ratio
- 153.20%
- Frequency
- Semi-Annual
- 2026-04-22$1.80
Fomento Economico Mexicano S.A.B. de C.V. ADR represents a key player within the consumer staples sector, primarily functioning as an American Depositary Receipt of the Mexico-based company. Known for its significant presence in the territory of Latin America, Fomento Economico Mexicano, or FEMSA, operates in industries such as retail, beverages, and logistics. Its primary functions include the management of OXXO convenience stores, one of the largest chain operations in the region, and its substantial involvement with Coca-Cola FEMSA, the world's largest Coca-Cola bottler. FEMSA also holds significant interests in the health sector through FEMSA Salud, which encompasses numerous pharmacy chains. This ADR allows investors in the U.S. markets access to FEMSA's diverse business portfolio, reflecting its strategic importance in regional economic activities. The asset serves as a bridge connecting North American investors with Latin American market dynamics, emphasizing FEMSA's integral role in enhancing consumer access and distribution efficiency across evolving markets.
- Sector
- Consumer Defensive
- Industry
- Beverages - Brewers
- CEO
- Mr. Alfonso Garza Garza
- Employees
- 372,621
- Headquarters
- Monterrey, NL, Mexico
- Website
- www.femsa.com