Grupo Famsa, S.A.B. de C.V.

Pino Suárez No. 1202 Norte
Piso 3, Centro
Monterrey, NUEVO LEON, 64000  Mexico
Company Type: Association With Shares In The Stock Market With Variable Capital Parent

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.

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Financial Statements

Financial data as of December 31, 2018 (12 month period) in USD

Annual Revenue 2019
$1.01 billionUSD
1 USD = 20.3782 MXN

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Company Snapshot

Essential information for a successful call

  •  EMPLOYEES (All Sites) 20,574
  • ASSETS (MIL USD) 2,948
  •  SALES (MIL USD) 1,007.68
  • SALES GROWTH % 3.26%

Get in Touch with 13 Contacts

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  • Humberto Garza González
    Council President
  • Humberto Garza Valdez
    Council Member and Director
  • Hernán Javier Garza Valdez
    Council Member
  • Oziel Mario Garza Valdez
    Council Member
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