FEMSA Announces Fourth Quarter and Full Year 2020 Results

MONTERREY, Mexico, March 01, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the fourth quarter and full year of 2020.

FINANCIAL SUMMARY FOR THE FOURTH QUARTER AND FULL YEAR 2020
Change vs. same period last year
	Revenues			Gross Profit			Income from Operations			Same-Store Sales
	4Q20	FY20		4Q20	FY20		4Q20	FY20		4Q20	FY20
FEMSA CONSOLIDATED	(1.5%)	(2.7%)		0.1%	(1.0%)		(3.5%)	(12.0%)
FEMSA COMERCIO
Proximity Division	(2.4%)	(1.9%)		(1.0%)	(1.1%)		(16.5%)	(31.6%)		(4.3%)	(5.4%)
Health Division	15.4%	10.6%		12.3%	10.9%		28.1%	16.2%		15.3%	1.4%
Fuel Division	(30.7%)	(28.3%)		(6.8%)	(9.9%)		(19.1%)	(31.3%)		(31.1%)	(29.2%)
COCA-COLA FEMSA	(5.1%)	(5.6%)		(4.3%)	(5.4%)		13.4%	(0.7%)

Eduardo Padilla, FEMSA’s CEO, commented: