Fomento Economico Mexicano SAB de CV Experiences Stock Price Decline
Fomento Economico Mexicano SAB de CV (FMX), a prominent player in the consumer staples sector, particularly in the beverages industry, saw its stock value decline by 3.06% on May 12, 2025. The company’s shares closed at $105.91 USD, marking a notable drop from its 52-week high of $119.18 USD, which was recorded on July 22, 2024. This recent decline reflects the stock’s volatility, as it has previously reached a 52-week low of $81.08 USD on January 2, 2025.
FMX, listed on the New York Stock Exchange, operates through its subsidiaries to produce, distribute, and market non-alcoholic beverages across Latin America as part of the Coca-Cola system. Additionally, the company owns and operates convenience stores in Mexico and Colombia and holds a stake in Heineken. With a market capitalization of $22,165,400,392 USD, FMX remains a significant entity in its sector.
The company’s price to earnings ratio is currently 27.0858, while the price to book ratio stands at 2.42931, suggesting a substantial valuation. These financial metrics provide insight into the company’s market performance and investor perception.
For more detailed information, stakeholders and interested parties can visit FMX’s official website at www.femsa.com . The company first went public on May 11, 1998, and continues to be a key player in the beverage and retail sectors in Latin America.