• Femsa reports a net income of MXN5.88 billion, showing a decrease of 88% from the previous year, missing the estimated MXN7.31 billion.
• Revenue for the company was MXN178.20 billion, showing a 11% yearly increase, falling short of the estimated MXN181.31 billion.
• The company’s Proximity Division saw a revenue of MXN70.09 billion, increasing by 15% from the previous year and surpassing the estimated MXN69.04 billion.
• The Health Division recorded a revenue of MXN18.15 billion, having decreased by 2.3% yearly, falling short of the estimated MXN18.81 billion.
• The Fuel Division reported a revenue of MXN14.96 billion, showing a 14% yearly increase, above the estimated MXN14.53 billion.
• Gross profit amounted to MXN70.22 billion, indicating a 11% yearly increase, and exceeding the estimated MXN68.1 billion.
• Proximity Division gross profit was MXN29.42 billion, up 20% yearly, surpassing the estimated MXN28.05 billion.
• The Health Division reported a gross profit of MXN5.23 billion, down by 8.6% yearly, below the estimated MXN5.83 billion.
• Fuel Division gross profit of MXN1.74 billion saw a 6.4% yearly increase, but missed the estimated MXN1.81 billion.
• Operating income was reported to be MXN14.77 billion, indicating a 14% increase from the previous year, surpassing the estimated MXN13.48 billion.
• The Proximity division noted a 9.7% increase in same-store sales.
• Health division indicated negligible change with a 0.1% increase in same-store sales.
• Fuel Division noted a 6.9% increase in same-store sales.
• Proximity Division’s growth was attributed to strong and balanced same-store sales growth, healthy new-store expansion, and effective expense control.
• Coca-Cola FEMSA’s impressive numbers across its income statement were due to strong volume and revenue growth in its major markets.
• Current holdings for the company are fairly balanced, with 7 buys and 5 holds, and no sells.
A look at Fomento Economico Mexica-Ubd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores analysis, Fomento Economico Mexica-Ubd shows a promising long-term outlook. With a high growth score of 5, the company is positioned to expand and increase its market presence in the future. Additionally, its resilience score of 4 indicates a strong ability to weather economic fluctuations and challenges.
While the value and dividend scores are moderate at 3 each, Fomento Economico Mexica-Ubd‘s momentum score of 3 suggests a stable and consistent performance in the market. Overall, the company’s strategic positioning within the non-alcoholic beverages industry in Latin America, combined with its diversified business model that includes convenience stores and a stake in Heineken, presents a solid foundation for future growth and success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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