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0 0.00130250732660368 0.00146532074242923 0.00179094757408009 0.00325626831650933 -0.00651253663301854 -0.0110713122761315 -0.0193747964832302
Stock impact report

Can FEMSA (FMX) Stock Regain Momentum on Effective Strategies? [Yahoo! Finance]

The Vita Coco Company, Inc. (COCO) 
Company Research Source: Yahoo! Finance
The company continues to progress on the FEMSA forward strategy, which is focused on the long-term value creation of its core businesses — retail, Coca-Cola FEMSA and Digital@FEMSA. Its retail business provides substantial opportunities for long-term growth, backed by improvements in the Proximity division. FEMSA has been witnessing solid growth trends across all business units. FMX's digital initiatives, business expansion endeavors, and continued strength in OXXO Mexico and OXXO Gas have also been aiding results. Moreover, it displays solid financial flexibility. However, FEMSA continues to face headwinds in the Health division, which hurt bottom-line results in first-quarter 2024. The company's Health division is navigating complex, competitive and regulatory environments in certain markets, including Colombia, Ecuador, Mexico and Chile. This translated into disappointing top-line trends and weak operating results for the segment in first-quarter 2024. Backed by the disappoin Show less Read more
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