Mexico's FEMSA profit surges 182% in third quarter
FMX•FEMSA's third-quarter net profit rose 182% to 6.81 billion pesos, bolstered by foreign exchange gains and a divestment made in the same period last year. Revenue increased 9.8% to 235.61 billion pesos, above analysts' estimate of 228.48 billion pesos.
1. Profit and revenue rise
FEMSA reported net profit of 6.81 billion pesos for July-September, compared with 2.42 billion pesos in the same period in 2025. The company said foreign exchange gains and a divestment made in that period last year bolstered profit. Total revenues rose 9.8% to 235.61 billion pesos, exceeding analysts' estimate of 228.48 billion pesos.
2. OXXO sales accelerate
CEO Jose Antonio Fernandez said OXXO Mexico's same-store sales growth accelerated and customer traffic had its best performance in more than two years.
