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-0.000137438152831254 0.00186523207413808 -0.00160998979030873 0.000353412392994629 0.00231681457629782 0.000353412392994629 0.00231681457629782 -0.00308254142778603
Stock impact report

FEMSA Stock Declines 20.8% YTD: Is a Recovery on the Horizon? [Yahoo! Finance]

Delek US Holdings, Inc. (DK) 
Last delek us holdings, inc. earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: delekus.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
FMX alias FEMSA shares have witnessed a pullback from the beginning of 2024, with the stock declining as much as 20.8% in the year-to-date period. This pullback in share price relates to the challenges in the Health division that have impacted its performance in recent quarters. FEMSA's Health division is in a weak spot due to its operations in diverse and often challenging macroeconomic and commercial environments. The Health division is facing complex, competitive, and regulatory issues in several markets, particularly Mexico. This led to disappointing top-line results and soft operating income for the segment in second-quarter 2024. The segment's revenues in the second quarter were pressured by a persistent negative competitive landscape in Mexico and tough macroeconomic conditions in Ecuador, partially offset by growth in Chile and Colombia. These disappointing revenue trends also led to weaker operating results, with operating income down 14.8% year over year and operating ma Show less Read more
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