Covering the Mexican Economy, Actinver Research

Actinver

Our product offering is based on award winning forecasts and a deep understanding of artificial intelligence tools. 
We cover the Mexican economy with in-depth sector and state knowledge, as well as the integration with the U.S., providing high added value studies. 
To provide comprehensive coverage, we analyze the main macroeconomic variables, sectors, indexes and market information. 
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Covering the Mexican Economy

Actinver Research

Actinver is a mexican leading financial group, that generates well being for individuals and companies through advisory services that provides investment management to maintain and grow their wealth.

Equity Bottom-Up

Fomento Economico Mexica-Ubd / Equity Bottom-Up

Fomento Economico Mexica-Ubd (FEMSAUBD MM)

<ul><li>Sales of P$195.8bn were 11.1% higher YoY, better than our estimates and mostly in line with consensus, with outperformance vs our estimates driven by KOF (which reported last Friday 4/25).</li><li>SSS at Proximity Americas contracted 1.8% YoY, the lowest in 4 years, impacted by calendar headwinds, a tough comp, and a soft consumer environment; traffic declined 6.6% YoY, while ticket grew 5.1%.</li><li>Management expects an improvement towards mid-year, with momentum improving during 3Q25 onwards.</li></ul>

Sales of P$195.8bn were 11.1% higher YoY, better than our estimates and mostly in line with consensus, with outperformance vs our estimates driven by KOF (which reported last Friday 4/25).SSS at Proximity Americas contracted 1.8% YoY, the lowest in 4 years, impacted by calendar headwinds, a tough comp, and a soft consumer environment; traffic declined 6.6% YoY, while ticket grew 5.1%.Management expects an improvement towards mid-year, with momentum improving during 3Q25 onwards.

Fomento Economico Mexica-Ubd - Actinver Research - FEMSA 1Q25: Proximity starts soft (Quick View)