On July 28, 2025, Fomento issued a press release announcing their second quarter fiscal 2025 results well-below expectations with profit falling 60% year-over-year, resulting in earnings of only $0.40 per share. During the earnings call, management disclosed that despite growing revenue more than 6%, operating income increased only 0.2% since last year. Fomento put the blame on a “challenging consumer environment in Mexico” but also admitted that their “operations were geared to a stronger consumer environment [in Mexico] than the one that materialize, plus our cost and expenses ran a bit ahead of actual volume and traffic.”
Following this news, Fomento’s stock price fell by $6.35 per share and is currently trading at $92.25 per share.
To receive more information, please fill out the form.
