NEW YORK, NY / ACCESS Newswire / August 4, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Fomento Econmico Mexicano, S.A.B. de C.V. ("Fomento Econmico Mexicano, S.A.B. de C.V.") (NYSE:FMX) concerning possible violations of federal securities laws.
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 obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
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SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
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