Flash | 28 Jul 2026 10:12:24 ET │ 12 pages Femsa (FMX.N) 2Q26 Review: High Quality Beat as OXXO Gains Share CITI'S TAKE FEMSA delivered one of the cleanest consumer beats this earnings season, with revenue (+3% vs. Citi), EBITDA (+3%) and operating income ahead of our estimates, while EBITDA also exceeded consensus by 4%. The beat was overwhelmingly driven by OXXO Mexico, which delivered 9.5% SSS, 2.0% traffic growth, the first positive traffic quarter in several periods, and outperformed ANTAD convenience ...