MEXICAN ECONOMIC DEVELOPMENT INC (FMX) Form 6-K — Oct 28, 2026
FEMSA delivered a strong 3Q26: consolidated revenues grew 9.8% to Ps. 235,609 million, income from operations rose 9.9%, and consolidated net income jumped 81.0% to Ps. 10,569 million. OXXO Mexico was the standout, with revenues up 10.3% and same-store sales up 9.2% on the strongest traffic performance in over two years, though gross margin contracted 120 bps on a tough commercial-income comparison.
Key figures
- Eps
- Ps. 2.00 per FEMSA BD Unit (US$1.10 per ADS)
- Revenue
- 235609000000
- Guidance
- No formal guidance; management flagged a soft Mexico consumer environment, Brazil volatility, and tougher comps ahead while expressing confidence in business momentum.
- Net Income
- 10569000000
- Total Debt
- 165605000000
- Revenue Yoy
- 9.8%
- Cash Position
- 70403000000
- Shares Outstanding
- 16,806.7 million (Coca-Cola FEMSA)
- Asr Amount
- up to US$280 million of ADSs
- Capex change
- -28.3%
- Chf Bond Issuance
- CHF 300 million, yield 1.73%
- Kof Volume Growth
- 5.3%
- Operating Margin
- 8.5% (+10 bps)
- Oxxo Total Stores
- 24759
- Spin Active Users
- 11.7 million (+17.3% YoY)
- Capex q3 ps millions
- 9408
- Adjusted EBITDA growth
- 12.9%
- Spin Premia Active Users
- 30.0 million (+8.3% YoY)
- Oxxo Mexico Revenue Growth
- 10.3%
- Oxxo Same Store Sales Growth
- 9.2%
- Coca Cola Femsa Revenue Growth
- 10.9%
- Net Debt Adjusted EBITDA ex KOF
- 1.19x (up from 0.91x)
- Adjusted EBITDA q3 ps millions
- 34833
- Coca Cola Femsa Operating Income Growth
- 15.4%
AI analysis
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