Fomento Economico Mexicano (FMX) reported Q3 net income Tuesday of 5.84 billion Mexican pesos ($316.3 million), down from 9.24 billion Mexican pesos a year earlier.
Analysts polled by FactSet expected 7.78 billion Mexican pesos.
Revenue for the quarter ended Sept. 30 was 214.64 billion Mexican pesos, compared with 196.77 billion Mexican pesos a year earlier.
Analysts surveyed by FactSet expected 212.74 billion Mexican pesos.
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