Consumer
Femsa Profit Beats on Higher Ticket Prices at Oxxo Stores
An OXXO store in Mexico City.
Photographer: Jeoffrey Guillemard/BloombergThis article is for subscribers only.
Fomento Economico Mexicano SAB reported third quarter income of 9.2 billion pesos ($460 million), beating the average estimate of 9.1 billion pesos compiled by Bloomberg.
Femsa shares rose 2.2% to 196.96 pesos per share at 4:01 p.m. in Mexico City.