FEMSA Q2 Exports Down 4.5%

FEMSA, the Mexican brewer of Tecate, Carta Blanca, Sol, Dos Equis, and Bohemia, experienced a slowing of export sales volume to the US by 4.5%. In an earnings release, FEMSA said that US sales slowed due to "weakness in the import segment." Exports represent 8% of FEMSA's total volume, and 90% of exports go to the US and Canada. FEMSA said that since 1995, its brands have increased an average of 17%. TOTAL MEXICAN import shipments in the US were