Fomento Economico Mexicano SAB de CV
(NYSE:FMX)
$
103.21
-0.35 (-0.34%)
Market Cap: 36.93 Bil
Enterprise Value: 40.49 Bil
PE Ratio: 22.74
PB Ratio: 2.46
GF Score: 94/100 
Q2 2024 Fomento Economico Mexicano SAB de CV Earnings Call Transcript
Jul 24, 2024 / 03:00PM GMT
Release Date Price:
$111.09
(-5.06%)
Key Points
Positve
- Strong revenue growth driven by increased consumer demand.
- Successful cost management initiatives leading to improved margins.
- Expansion into new markets showing promising early results.
- Positive performance from Coca-Cola FEMSA subsidiary.
- Increased digital transformation efforts enhancing operational efficiency.
Negative
- Currency fluctuations negatively impacting financial results.
- Higher raw material costs putting pressure on profitability.
- Challenges in supply chain logistics affecting product availability.
- Increased competition in key markets leading to pricing pressures.
- Regulatory changes in certain regions posing compliance challenges.
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