FEMSA Reports Q2 2026 Revenue Growth Driven by Coca-Cola FEMSA and OXXO Mexico

Fomento Económico Mexicano (FEMSA) reported strong second quarter 2026 results, with total revenues reaching Ps. 235,609 million, a 9.8% increase year-over-year. Growth was primarily fueled by volume gains at Coca-Cola FEMSA and robust same-store sales performance within the OXXO Mexico retail segment. Net consolidated income saw a significant jump of 81%, aided by favorable foreign exchange effects and the absence of prior-year losses from discontinued operations. The company's digital ecosystem, Spin by OXXO, continues to expand rapidly with active users reaching 11.7 million. While most segments showed strength, including an 18.1% revenue rise in Americas & Mobility, the Europe division faced a 5.2% decline due to currency headwinds and softer B2B sales. Management noted that while growth is steady, they face challenges such as sluggish consumer environments in Mexico and margin pressures in the fuel business.

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