FEMSA Announces Third Quarter 2026 Results
Key Highlights
- ➤FEMSA consolidated revenue grew 9.8% and operating income increased 9.9% year over year
- ➤OXXO Mexico revenue rose 10.3% and operating income increased 5.8%
- ➤Coca-Cola FEMSA revenue grew 10.9% and operating income increased 15.4%
- ➤Spin by OXXO reached 11.7 million active users, up 17.3% year over year
- ➤Europe and Health operating income declined 24.8% and 63.2%, respectively
Expert Statements
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“During the third quarter we delivered a strong set of results, led by OXXO Mexico and Coca-Cola FEMSA, our two largest businesses.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“OXXO Mexico continued to build on the positive momentum seen in recent quarters, while Coca-Cola FEMSA delivered strong growth across the income statement, mainly supported by solid performances in most of its territories.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“We are particularly encouraged by the continued recovery at OXXO Mexico, where same-store sales accelerated and customer traffic delivered its strongest performance in more than two years.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“This result was driven largely by stronger execution in most regions, commercial initiatives focused on key traffic-driving categories, and the consumer-centric strategy we began implementing last year.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“These initiatives are gaining traction and allowing us to generate additional traffic while maintaining a disciplined approach to profitability.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“Beyond OXXO Mexico, Coca-Cola FEMSA delivered a very strong quarter, with solid volume trends and double-digit growth in revenues and operating income, reflecting broad-based contributions across its operations.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“We also continued to see encouraging progress in some of our growth platforms, with Bara gaining momentum as it accelerates expansion and strengthens the performance of its growing store base, while our OXXO operations in South America maintained a solid commercial trajectory, especially in Colombia.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“However, certain other business units faced operating headwinds, particularly our Europe and Health divisions, which delivered mixed results.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“As we enter the final quarter of the year, we remain mindful that the consumer environment in Mexico continues to be soft, Brazil has faced some volatility recently and that we will face a more demanding comparison base in the coming quarters.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“Nevertheless, we are encouraged by the momentum we are seeing across most of our businesses.”
Jose Antonio Fernández Garza-Lagüera, Chief Executive Officer of FEMSA
“While we recognize that the final stretch of the year will present its share of challenges, we believe the strength of our geographically diversified platform positions us well to continue executing against our long-term strategy in pursuit of sustainable, profitable growth.”
MONTERREY, Mexico, Oct. 28, 2026 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the third quarter of 2026.
Reporting Segments Update: In our continuous effort to improve our disclosure, we have updated FEMSA’s reporting segment structure to better reflect the scale, stage of development, and strategic differentiation of our various operations. This updated structure should provide investors with greater visibility into the drivers of performance across our operations. Our updated reporting segments are as follows: i) OXXO Mexico; ii) Americas & Mobility which now includes all OXXO convenience store operations outside of Mexico (Brazil, Colombia, Chile, Peru and the U.S.), as well as the fuel operations in Mexico and the U.S; iii) Europe; iv) Health; and v) Coca-Cola FEMSA. Only segments i) and ii) changed relative to our previous reporting structure. * FEMSA: Total consolidated revenues grew 9.8% and Income from operations increased 9.9% compared to 3Q25. * OXXO Mexico: Total revenues grew 10.3% and Income from operations increased 5.8% versus 3Q25. * SPIN: Spin by OXXO had 11.7 million active users(1) representing 17.3% growth compared to 3Q25 while Spin Premia had 30.0 million active loyalty users(1) representing 8.3% growth compared to 3Q25, and an average tender(2) at OXXO Mexico of 52.1% which increased from 48.2% in 3Q25. * COCA-COLA FEMSA: Total revenues grew 10.9% and Income from Operations increased 15.4% against 3Q25. Financial Summary for the Third Quarter and First Nine Months of 2026
Get started
Create a free account to read the full story.