Welcome to our dedicated page for Fomento Mexicano SEC filings (Ticker: FMX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The FEMSA (Fomento Económico Mexicano, S.A.B. de C.V.) SEC filings page for ticker FMX provides access to the company’s regulatory disclosures as a foreign private issuer. FEMSA files annual reports on Form 20-F with the U.S. Securities and Exchange Commission and furnishes interim information on Form 6-K under the name Mexican Economic Development, Inc. These documents cover its operations in Proximity Americas, Proximity Europe, Health, Fuel, and Coca-Cola FEMSA, along with consolidated financial statements and segment data.
Through its Form 20-F, FEMSA presents audited consolidated financial statements, notes, and detailed discussion of its business model, risk factors, and segment performance across retail and beverage operations. Interim Form 6-K reports include operating and financial reviews for periods such as the six months ended June 30, 2025, with tables showing total revenues, cost of goods sold, gross profit, administrative and selling expenses, other income and expenses, foreign exchange effects, and net income attributable to controlling and non-controlling interests.
These filings also provide information on FEMSA’s capital structure, including FEMSA units and ADSs, and describe how BD Units and B Units are composed of Series B, Series D-B, and Series D-L shares. Investors can review balance sheet data, including cash and cash equivalents, investments, inventories, lease liabilities, provisions, and equity attributable to the parent and non-controlling interests, to understand FEMSA’s financial position.
On Stock Titan, FEMSA’s SEC filings are updated as new Form 6-K and Form 20-F documents are furnished to EDGAR. AI-powered summaries help explain key figures and trends in plain language, highlight changes in segment performance, and clarify technical sections on topics such as revenue growth drivers, margin movements, administrative and selling expense dynamics, and foreign exchange impacts. Users can quickly locate filings related to quarterly operating reviews, annual reports, and other material disclosures that shape the FMX investment profile.
FEMSA reported solid top-line growth but weaker underlying earnings for the first quarter of 2026. Consolidated revenues reached Ps. 207,784 million, up 6.1% year over year, or 8.5% on a comparable basis, driven mainly by strong performances at OXXO Mexico and the Americas & Mobility division.
Gross profit rose 6.6% to Ps. 84,094 million, lifting gross margin to 40.5%, helped by margin expansion at OXXO Mexico, Americas & Mobility and Coca-Cola FEMSA. Income from operations increased 5.5% to Ps. 14,314 million, while adjusted EBITDA grew 11.2% to Ps. 28,127 million, showing healthy operating leverage despite currency headwinds.
Reported net income surged 97.3% to Ps. 17,639 million, but this was boosted by a one-time gain from the BradyPLUS–Imperial Dade merger. Excluding that gain, net income was Ps. 5,688 million, down 36.4%, reflecting higher net financing expenses and the absence of discontinued operations income. Net debt ex-Coca-Cola FEMSA rose to Ps. 93,609 million, with Net Debt/EBITDA at 1.24x following substantial dividends and share repurchases.
Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. SEC, followed by its annual report for the same period with Mexican regulatory authorities and the Mexican Stock Exchange.
These annual reports, which include FEMSA’s audited financial statements, are available on the company’s investor relations website, and shareholders can request hard copies free of charge. FEMSA operates retail, health, digital financial services and beverage businesses, employing more than 392,000 people across 18 countries.
FEMSA presents its 2025 annual report, outlining a reshaped portfolio, detailed dividend history and extensive risk disclosures. The company reports using IFRS, with audited consolidated statements for 2025, 2024 and 2023 in Mexican pesos.
FEMSA finalized its exit from Heineken in May 2025 and continues its FEMSA Forward strategy, including divestitures of refrigeration, plastic solutions and most Solistica logistics operations, and the equity-method investment in BradyPLUS (later merged with Imperial Dade, leaving FEMSA with about 18.75% ownership).
Mexico remains FEMSA’s core market, generating 64% of 2025 consolidated revenues. The report details sizeable ordinary and extraordinary dividends for 2022–2024 and new 2026–2027 dividend approvals, plus a Ps. 34,000 million share repurchase authorization.
Key risks span dependence on The Coca-Cola Company at Coca-Cola FEMSA, slower OXXO store growth, regulatory and tax changes, cybersecurity and data-privacy exposures, ESG and climate-related pressures, macro volatility in Mexico and other markets, and a material IT control weakness at Coca-Cola FEMSA.
Mexican Economic Development Inc. director Alfonso Garza Garza reported open-market sales of BD Units over four days. He sold a total of 209,259 BD Units on March 24–27 at prices between 10.7909 and 11.1890 per BD Unit. After these transactions, he directly holds 1,128,453 BD Units, and the filing also reports additional B and BD Units held indirectly through trusts and a voting trust associated with him.
Cascade Investment, L.L.C. and William H. Gates III have amended their Schedule 13D for Fomento Economico Mexicano, S.A.B. de C.V., reporting beneficial ownership of 27,887,350 American Depositary Shares (ADSs), equal to 14.0% of the ADS class. Each ADS represents 10 BD Units, so this stake corresponds to 278,873,500 Series B Shares, 557,747,000 Series D-B Shares and 557,747,000 Series D-L Shares. The filing explains that the higher ownership percentage results from a decrease in the issuer’s outstanding shares rather than new purchases. All ADSs held by Cascade may be deemed beneficially owned by Mr. Gates as Cascade’s sole member.
Mexican Economic Development Inc. executive Paul Michael Mueller, CEO of Valora, reported his initial holdings of derivative awards linked to the company. He holds phantom stock and Restricted Stock Units representing an economic interest in 237,801.4 BD Units, with each RSU and each phantom stock unit equivalent to 10 BD Units. These awards carry a cash-settlement feature, paying out in cash on March 31 of the applicable payment year, rather than in shares. The filing records holdings only and does not show any open-market buying or selling of common stock.
MEXICAN ECONOMIC DEVELOPMENT INC director Daniel Alegre has filed an initial ownership report showing a holding of 33,000 BD Units. These securities are held as American Depositary Shares represented by American Depositary Receipts. Each ADR represents 10 BD Units, and each BD Unit is composed of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value.
Fomento Económico Mexicano (FEMSA) held its Annual Ordinary and Extraordinary Shareholders’ Meetings, approving 2025 financial statements, the 2025 CEO report, an amendment to Article 6 of the bylaws, and the 2026 composition of the board and key board committees.
Shareholders approved an ordinary cash dividend equal to Ps. 4.7520 per BD Unit or Ps. 47.520 per ADS and Ps. 3.9600 per B Unit, payable in four equal installments on April 23, 2026, July 16, 2026, October 15, 2026 and January 14, 2027. They also approved an extraordinary cash dividend of Ps. 8.0597 per BD Unit or Ps. 80.597 per ADS and Ps. 6.7165 per B Unit, payable on the same four dates.
Fomento Económico Mexicano (FEMSA) has released new Sustainability-Related Financial Disclosures prepared under the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board. The report is available on FEMSA’s website and is intended to provide consistent, globally-aligned sustainability information.
FEMSA operates retail and beverage businesses including OXXO stores, Valora in Europe, a Health division with drugstores, digital financial services such as Spin by OXXO and Spin Premia, and Coca-Cola FEMSA, a major Coca-Cola bottler. Across these units, FEMSA reports more than 392,000 employees in 18 countries and inclusion in several ESG-focused indexes.
Mexican Economic Development Inc. director Alfonso Garza Garza reported a series of open-market sales of BD Units in March 2026. He sold 52,316 BD Units on each of four days from March 18–23, 2026 at prices between $10.26 and $10.60 per BD Unit, totaling 209,264 BD Units. After these sales, he directly holds 1,337,712 BD Units. Footnotes explain that BD Units each represent one Series B share and four Series D shares, and that additional B and BD Units are held indirectly through trusts, including a voting trust where his economic interest is limited to securities he contributed.