Fomento Economico Mexicano SAB de CV (NYSE:FMX)
$ 122.31 1.52 (1.26%) Market Cap: 218.83 Bil Enterprise Value: 217.22 Bil PE Ratio: 169.64 PB Ratio: 1.15 GF Score: 83/100

Q3 2020 Fomento Economico Mexicano SAB de CV Earnings Call Transcript

Oct 29, 2020 / 03:00PM GMT
Release Date Price: $54.03 (-1.92%)
Operator

Good morning, and welcome everyone to FEMSA's Third Quarter 2020 Financial Results Conference Call. (Operator Instructions)

During this conference call, management may discuss certain forward-looking statements concerning FEMSA's future performance and should be considered as good faith estimates made by the company. These forward-looking statements reflect management's expectations and are based upon currently available data. Actual results are subject to future events and uncertainties, which can materially impact the company's actual performance.

At this time, I'd like to turn the conference over to Mr. Juan Fonseca. Please go ahead, sir.

Juan F. Fonseca
Fomento Económico Mexicano, S.A.B. de C.V. - VP of IR

Good morning, everyone. Welcome to FEMSA's Third Quarter 2020 Results Conference Call. Today, we have an expanded team with us. So Eduardo Padilla is here, as usual; as is Jorge Collazo from Coke FEMSA; but we also have Eugenio Garza; and we are welcoming Francisco Camacho. As you may remember, Eugenio has been in charge of strategic

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