In the second quarter of 2026 (2Q26),  Fomento Económico Mexicano (FEMSA)  obtained revenues of 231 billion 002 million pesos (mdp) , which meant an increase of  9.3%  compared to the same period in 2025, driven by growth in Coca-Cola FEMSA, OXXO Mexico, Americas and Mobility, and Health, partially offset by a decrease in Europe.

“During the second quarter, we achieved solid results, reflecting encouraging performance at OXXO Mexico and sustained momentum in many of our retail operations , while Coca-Cola FEMSA navigated a still challenging environment caused by weak consumer demand and increases in excise taxes in Mexico, which was more than offset by strong performances in South America,” said Jose Antonio Fernández Garza-Lagüera, CEO of FEMSA.

According to its operational and financial results report, the company detailed that its  operating cash flow (EBITDA)  was 33,340 million pesos , an increase of 12.7% compared to the figure for the same period last year.

Meanwhile, gross profit in Q2 2026 was 92,611 million pesos , 7.8% higher than in the second quarter of 2025 (Q2 2025).

“The gross margin would have contracted by 20 basis points, from a base of 40.3% for the second quarter of 2025. On a like-for-like basis, which considers currency effects and the consolidation of OXXO Brazil, gross profit increased by 8.8%,” the firm explained.

During the period, FEMSA’s operating profit totaled 19,110 million pesos , an increase of 7.2% compared to Q2 2025, driven by growth in Coca-Cola FEMSA and OXXO Mexico, “partially offset by decreases in Americas and Mobility, Europe, and Health.”

OXXO Mexico’s total revenue grew 11.8% and operating profit increased 12.3% compared to Q2 2025. Meanwhile, Spin by OXXO had 11.5 million active users, a 22.1% increase compared to the second quarter of last year.

“It’s worth highlighting OXXO Mexico’s quarter, which achieved double-digit revenue and profit growth and, importantly, a return to positive growth in customer traffic after several quarters of decline. While the World Cup made a positive contribution during the quarter, we believe there was an additional boost resulting from better execution across the country of commercial initiatives focused on key categories to increase traffic,” the executive emphasized.

Coca-Cola FEMSA’s total revenue increased 4.7% and operating profit rose 9.1% year-on-year.

Regarding its results in the first half of 2026 (1H26), total revenues were 438,695 million pesos , 7.8% more than in the same period of 2025.

“Revenues were driven by growth in Coca-Cola FEMSA, OXXO Mexico, Americas and Mobility, and Health, partially offset by a decline in Europe. Revenues reflected a net negative foreign exchange effect due to the appreciation of the Mexican peso against other currencies; as a result, revenues grew 9.3% on a like-for-like basis,” the company stated in its report.

FEMSA’s gross profit was 176.666 billion pesos, representing a 7.3% increase compared to the same period last year. In its earnings report, the company indicated that its operating profit was 33.421 billion pesos in the first six months of 2026, a 6.5% year-over-year increase, driven by growth at Coca-Cola FEMSA and OXXO Mexico. EBITDA was 61.455 billion pesos, a 12.1% increase compared to the first half of 2025.

“Looking ahead, and despite continuing to face a weak consumer environment in Mexico that no longer has the boost of the World Cup, we view the current trajectory in most of our business units favorably, and we are cautiously optimistic about the second half of the year, although we anticipate that it may be more moderate,” said the CEO of FEMSA.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Retail drives FEMSA’s revenue in Q2 2026 apareció primero en T21.

Walmart de México y Centroamérica (Walmex)  reported a 1.7% increase in its consolidated revenues to 245,018 million pesos (mdp) during the first quarter of 2026 (1Q26) compared to the same period in 2025, when it totaled 240,975 million pesos.

In its quarterly report, the retail chain indicated that this increase was driven by sales growth in Mexico, which increased by 4.4%, as well as in Central America with an advance of 2.5 percent.

The firm noted that in the cycle it obtained a gross profit  of 59,593 million pesos , an increase of 2.6% compared to the first quarter of 2025 (1Q25), when it was 58,075 million pesos.

Walmex’s operating cash flow  or EBITDA was 24,979 million pesos in Q1 2026 , a 0.4% decrease compared to the same period in 2025. Net income increased 1.5% to 12,500 million pesos , while  operating profit decreased 2.2% , reaching 18,472 million pesos in the same period.

“We are seeing early signs of improvement in key operational drivers. The actions we have implemented are beginning to yield results, which reinforces our confidence in the path forward. This is a year of building, and we will face the coming months with intensity and discipline to turn these efforts into tangible results and accelerate market share gains,” said Cristian Barrientos, CEO and President of Walmart Mexico and Central America.

In Mexico, gross profit increased by 6% to reach 49.8 billion pesos in the period compared to 46.968 billion pesos in the same period of 2025. EBITDA in the first quarter of 2026 was 21.247 billion pesos, a 1.9% increase compared to Q1 2025.

In Central America, Walmart reported EBITDA of  3.732 billion pesos in Q1 2026 , representing an 11.9% decrease compared to the same period in 2025. Gross profit in the region was 9.793 billion pesos during the period, an 11.8% decrease compared to the first quarter of last year. Meanwhile, total revenue fell 10.3% compared to Q1 2025.

Walmart Mexico and Central America highlighted that  Bait , its telephone service, reached 26.6 million  active users  , while net sales from e-commerce in Mexico grew 14.4% in the cycle.

The retailer opened 14 new stores in Mexico and 3 in Central America in Q1 2026 , bringing its total to 4,282 units.

Looking ahead to the next quarter, the firm is preparing for the World Cup and Hot Sale, one of the most important moments for its e-commerce business .

“We see these events as a key opportunity to boost traffic, capture incremental demand, and further strengthen our omnichannel proposition, supported by an attractive catalog, competitive pricing, and improved execution,” the company emphasized.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Walmart’s sales in Mexico and Central America grew in Q1 2026 apareció primero en T21.

Due to strong sales performance in its stores in Mexico, Walmart de México y Centroamérica (Walmex) reported total revenues of 241 billion 520 million pesos (mdp) in the third quarter of 2025 (3Q25) , representing a 5% increase compared to the same period in 2024.

Despite weak consumer spending in the country, the retailer indicated that it obtained a gross profit of 59,774 million pesos in the cycle, an increase of 4.1% compared to the third quarter of 2024 (3Q24), when it was 57,408 million pesos.

In its results report sent to the Mexican Stock Exchange (BMV) , Walmex specified that its operating cash flow was 25,266 million pesos, an increase of 3.3% over the same period last year.

In contrast, the firm’s net profit fell 9.2% to 11,747 million pesos in the aforementioned period; while EBITDA was 25,266 million pesos, an increase of 3.3 percent.

Meanwhile, the supermarket chain’s overhead costs rose by 4.5%, driven by growth investments in new stores, technology, and the value proposition for associates.

In Mexico, sales grew by 5.6% to reach  200,567 million pesos in the period compared to 190,018 million pesos in the same period but in 2024; EBITDA was 21,490 million pesos, an increase of 3.8 percent.

“Our focus remains on what we can control and on accelerating market share gains, as demonstrated by our third-quarter results in Mexico. We are continuing with our investment plans to achieve long-term sustainable growth,” said Cristian Barrientos, CEO of Walmart Mexico and Central America.

Meanwhile, sales in Central America totaled 40.953 billion pesos , representing a 2.5% increase in Q3 2025 in countries such as Honduras, Nicaragua, El Salvador, Costa Rica, and Guatemala. EBITDA was 3.776 billion pesos, a 0.4% increase.

Walmart Mexico and Central America highlighted that  Bait , its telephone service, reached  23.5 million active users during the period, and specified that its e-commerce business  in Mexico grew 20%, driven mainly by On Demand , and in Central America it increased 38%.

In Q3 2025, Walmex opened 23 stores, 19 of which were Bodega Aurrera. The company now has 3,214 stores in Mexico and 936 in Central America.

Comment and follow us on X:  @GrupoT21

El cargo Sales in Mexico boost Walmart’s revenue apareció primero en T21.

Due to strong sales performance in its stores in Mexico, Walmart de México y Centroamérica (Walmex) reported total revenues of 241 billion 520 million pesos (mdp) in the third quarter of 2025 (3Q25) , representing a 5% increase compared to the same period in 2024.

Despite weak consumer spending in the country, the retailer indicated that it obtained a gross profit of 59,774 million pesos in the cycle, an increase of 4.1% compared to the third quarter of 2024 (3Q24), when it was 57,408 million pesos.

In its results report sent to the Mexican Stock Exchange (BMV) , Walmex specified that its operating cash flow was 25,266 million pesos, an increase of 3.3% over the same period last year.

In contrast, the firm’s net profit fell 9.2% to 11,747 million pesos in the aforementioned period; while EBITDA was 25,266 million pesos, an increase of 3.3 percent.

Meanwhile, the supermarket chain’s overhead costs rose by 4.5%, driven by growth investments in new stores, technology, and the value proposition for associates.

In Mexico, sales grew by 5.6% to reach  200,567 million pesos in the period compared to 190,018 million pesos in the same period but in 2024; EBITDA was 21,490 million pesos, an increase of 3.8 percent.

“Our focus remains on what we can control and on accelerating market share gains, as demonstrated by our third-quarter results in Mexico. We are continuing with our investment plans to achieve long-term sustainable growth,” said Cristian Barrientos, CEO of Walmart Mexico and Central America.

Meanwhile, sales in Central America totaled 40.953 billion pesos , representing a 2.5% increase in Q3 2025 in countries such as Honduras, Nicaragua, El Salvador, Costa Rica, and Guatemala. EBITDA was 3.776 billion pesos, a 0.4% increase.

Walmart Mexico and Central America highlighted that  Bait , its telephone service, reached  23.5 million active users during the period, and specified that its e-commerce business  in Mexico grew 20%, driven mainly by On Demand , and in Central America it increased 38%.

In Q3 2025, Walmex opened 23 stores, 19 of which were Bodega Aurrera. The company now has 3,214 stores in Mexico and 936 in Central America.

Comment and follow us on X:  @GrupoT21

El cargo Sales in Mexico boost Walmart’s revenue apareció primero en T21.

Cementos Mexicanos (Cemex)  presented its financial results for the third quarter of 2025 (3Q25), highlighting net sales of US$4.245 billion , representing a 5% increase compared to the same period in 2024, driven by positive momentum in the Europe, Middle East and Africa (EMEA) regions, as well as Central and South America and the Caribbean, and by an improving trend in Mexico and the United States.

“This quarter’s achievements confirm that we are laying a solid foundation to position Cemex as a more focused, agile, and high-performing company,” said Jaime Muguiro, CEO of Cemex.

During the aforementioned period, the company reported that its operating cash flow (EBITDA) reached $882 million, a 19 percent increase. “This performance was supported by all regions, with EMEA, Mexico, and Central, South America, and the Caribbean experiencing double-digit growth,” the company emphasized.

Regarding its operations in Mexico , it reported sales of $1.117 billion in Q3 2025 , a 2% drop compared to the same period last year. Meanwhile, its operating cash flow showed a  16% increase compared to the same quarter in 2024.

In  the United States,  the cement company posted losses during that period. Sales there totaled  $1.31 billion , a 2% decrease   compared to the same period in 2024. EBITDA increased  4%  to  $269 million  compared to the same period last year.

In  Europe, the Middle East and Africa,  sales totaled  $1.379 billion  in 3Q25, an increase of  11%  compared to the same period in 2024. Operating cash flow was  $247 million , which represented an increase of  23%  compared to the third quarter of 2024.

In  Central and South America and the Caribbean , Cemex reported sales of $295 million  in the aforementioned period, an increase of  6%  compared to the same period in 2024. In that region, its operating cash flow was  $64 million , an increase of  56%  compared to the third quarter of last year.

The company reported progress in implementing Project Cutting Edge , resulting in approximately $90 million in operating cash flow savings during 3Q25 and expects to achieve its annual target of $200 million by 2025.

“Six months ago, we set out to transform Cemex into a world-class operator and deliver superior returns to our shareholders,” said Jaime Muguiro.

Comment and follow us on X:  @GrupoT21

El cargo Cemex reports solid sales in 3Q25 apareció primero en T21.

During the third quarter of 2025 (3Q25), Coca-Cola FEMSA obtained revenues of 71,884 million pesos (mdp) , which represented an increase of 3.3% compared to the same period in 2024, when its revenues totaled 69,601 million pesos.

This increase was primarily driven by “our revenue management initiatives, partially offset by a slight decrease in volume, promotional activity, and unfavorable currency translation effects, primarily due to the depreciation of the Argentine peso and most of our operating currencies in Central America to Mexican pesos,” the company explained.

According to its earnings report, submitted to the Mexican Stock Exchange (BMV) , its gross profit was 32.391 billion pesos in 3Q25, an increase of 0.9% compared to the same period last year.

Regarding operating income , Coca-Cola FEMSA showed a good performance during the period, reaching 10,291 million pesos compared to 9,638 million pesos in the third quarter of 2024 (3Q24), which represented an increase of 6.8 percent.

In 3Q25, its operating cash flow (EBITDA) was 14.449 billion pesos, an increase of 3.2% compared to the same period in 2024.

Despite the positive results for the period, the bottler recorded a 0.6% reduction in volume to 1.035 billion unit cases , mainly due to “decreases in volume in Mexico and Panama, which were partially offset by volume growth in Brazil, Colombia, Argentina, Guatemala, Costa Rica and Nicaragua.”

“During the third quarter, we achieved a gradual improvement in our results despite facing a challenging environment. Sales volume declined slightly, driven primarily by Mexico, where we are navigating a slowing macroeconomic environment, which is translating into lower consumption,” explained Ian Craig, CEO of Coca-Cola FEMSA.

Accumulated and performance in Latin America

Revenue increased 5% to 213.98 billion pesos, while gross profit increased 4.3% to 96.85 billion pesos. Meanwhile, operating profit also grew year-to-date, reaching 29.234 billion pesos, a 4.3% increase compared to the same period in 2024.

EBITDA was 40.939 billion pesos, an increase of 2.2% over the first nine months of 2024.

Regarding the results of its Mexico and Central America division (Mexico, Guatemala, Costa Rica, Panama and Nicaragua) , Coca-Cola FEMSA stated that during the 3Q25 its revenues decreased 0.2% at an annual rate, while its gross profit fell 2.6 percent.

In its South American division (Brazil, Argentina, Colombia and Uruguay) , the company noted that its revenue increased 8.7%, and its gross profit grew 7.2% in the period.

“Looking beyond this year, we will leverage Coca-Cola FEMSA’s ability to adapt to challenging operating conditions, including the impact of the increased beverage tax in Mexico,” Ian Craig emphasized.

Comment and follow us on X:  @GrupoT21

El cargo Coca-Cola FEMSA reports bubbly revenue in 3Q25 apareció primero en T21.

Cementos Mexicanos (Cemex) obtained a net profit of 318 million dollars (mdd) in the second quarter of 2025 (2Q25), a growth of 38% compared to the same period of the previous year, which was driven mainly by its operations in the Europe, Middle East and Africa region, according to its results report for the period sent to the Mexican Stock Exchange (BMV) , which highlighted the strengthening of the Cutting Edge Project .

In that regard, the Mexican firm raised its operating cash flow (EBITDA) savings target for this year under the project to $200 million , from the previously announced $150 million, reflecting faster progress in organizational simplification and cost reduction.

Cemex anticipated achieving savings of $400 million by 2027. “These estimates include approximately $200 million in annualized corporate headcount reductions,” the company said.

“As we began implementing our strategic framework, we moved rapidly in the second quarter to transform our corporate structure, introducing a new operating model that simplifies administrative functions, fosters agility, and empowers our regional teams to deliver results,” said Jaime Muguiro, CEO of Cemex.

During the reference period, Cemex posted net sales of $4.126 billion , a 4% decrease compared to the second quarter of 2024. Meanwhile, its operating cash flow (EBITDA) was $823 million in 2Q25, which represented an 11% decrease compared to the same period last year.

“This performance is largely explained by a challenging comparable base, driven by record operating cash flow performance in the second quarter of 2024 (2Q24), as well as volume dynamics, partially offset by cost efficiencies,” the report stated.

Regarding its operations in Mexico , the cement company reported sales of  $1.06 billion  in the second quarter of 2025, a  23% drop  compared to the same period last year. Meanwhile, its operating cash flow decreased  24%  to $347 million compared to the same quarter in 2024.

“In Mexico, quarterly results continued to face challenges due to the difficult prior-year comparative base, driven by pre-election social and infrastructure spending, the level of the exchange rate, and the first year of a new administration,” Cemex stated.

In this regard, the company expects volumes to improve in the second half of 2025, as the previous year’s comparative base is achieved and the Mexican government accelerates its infrastructure and social housing plans .

In  the United States,  the company also posted losses during the period. Sales there were  $1.306 billion , a  6% drop  compared to the same period in 2024. EBITDA fell  6%  to  $279 million  compared to the same period last year.

In  Europe, the Middle East and Africa,  sales totaled  $1.341 billion  in Q2 2025, a  13% increase compared to the same period in 2024. Operating cash flow was $229 million , an increase of  31%  compared to the second quarter of 2024.

Meanwhile, in  Central, South America and the Caribbean , Cemex reported sales of  $318 million  in the aforementioned cycle, a  2% decrease compared to the same cycle in 2024. In that region, its operating cash flow was $51 million , a  22% decrease compared to the second quarter of last year.

“Cemex provided full-year operating cash flow guidance showing stable performance compared to 2024, with potential for upside. It expects free cash flow to accelerate in the second half of the year, driven by improved profitability and the seasonal recovery of working capital investments,” the company emphasized.

Comment and follow us on X:  @GrupoT21

El cargo https://t21.com.mx/cemex-fortalece-su-transformacion-estrategica-reporta-alza-en-utilidad-en-2t25/#:~:text=CEMEX%20STRENGTHENS%20ITS%20STRATEGIC%20TRANSFORMATION%3B%20REPORTS%20INCREASED%20PROFIT%20IN%202Q25 apareció primero en T21.

Hapag-Lloyd , one of the world’s leading liner shipping companies, announced a 17% increase in earnings before interest, taxes, depreciation and amortization (EBITDA) year-over-year to $1.1 billion .

Regarding its earnings before interest and taxes (EBIT) , the company experienced a growth of 24% , reaching $500 million , according to its first quarterly report of 2025 (1Q25).

This increase was mainly due to high demand, so the increase in transport volume reached 3.3 million 20-foot containers (TEU) and an average freight rate of $1,480 per TEU , both 9% higher than in the first quarter of 2024 (1Q24).

“We got off to a good start in the first quarter of 2025 , but the market is currently characterized by many uncertainties. Therefore, we continue to expect lower results for 2025 overall. We will rigorously implement our Strategy 2030 , set a new quality standard in the market for our customers with our Gemini Cooperation, and continue to expand Hanseatic Global Terminals,” stated Rolf Habben Jansen, CEO of Hapag-Lloyd AG.

Looking ahead to the rest of the year, the company estimates its EBITDA will range between $2.5 billion and $4 billion and its EBIT between $0 and $1.5 billion , although it acknowledged that there are key factors that could influence these results, such as market volatility and geopolitical challenges, including the current tense situation in the Red Sea and the global trade conflict.

He also announced that fleet efficiency will be increased and decarbonization will continue. Hapag-Lloyd indicated that it will continue working intensively to become even more digital and efficient.

Comment and follow us on X: @GrupoT21

El cargo Hapag-Lloyd reports solid growth in the first quarter of 2025 apareció primero en T21.