Sleep easy tonight knowing that Grupo Famsa is not a knockoff of Latin boy band Menudo. The retail chain has about 360 stores located in more than 75 cites throughout Mexico. Famsa has also made inroads in the US (25% of sales), with about three dozen locations in predominantly Hispanic markets in Arizona, California, Illinois, Nevada, and Texas. Its credit and financing options entice hordes of customers that otherwise might not be able to buy the company's home electronics, appliances, furniture, clothing, or cell phones. Famsa also provides travel agency and auto financing services and launched Banco Ahorro Famsa, a commercial bank, in 2007. The company was founded in Monterrey, Mexico, in 1970.
Financial data as of December 31, 2018 (12 month period) in USD
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Essential information for a successful call
- EMPLOYEES (All Sites) 20,574
- ASSETS (MIL USD) 2,948
- SALES (MIL USD) 1,007.68
- TICKER SYMBOL GFAMSA A
- FISCAL YEAR END DEC
- SALES GROWTH % 3.26%
Get in Touch with 13 Contacts
Humberto Garza GonzálezCouncil President
Humberto Garza ValdezCouncil Member and Director
Hernán Javier Garza ValdezCouncil Member
Oziel Mario Garza ValdezCouncil Member