mexico citymexican retail and beverages conglomerate fomento economico mexicano reported thursday that its net profit rose 17 in the second quarter with sales growth led by convenience stores and boosted by acquisitions femsa as the company is better known had net profit of 893 billion mexican pesos 533 million for the apriljune quarter on sales of 1982 billion pesos sales were 18 higher than in the yearago quarter excluding acquisitions such as last years purchase of switzerlandbased kiosk and convenience store operator valora holding sales were up 95 conveniencestore chain oxxo which has more than 22000 stores in mexico and latin america posted 20 sales growth including 15 higher samestore sales drugstore sales were almost flat on the year while service station sales rose 93 sales at bottling unit cocacola femsa rose 72 earnings before interest taxes depreciation and amortzation a measure of profitability was up 16 at 271 billion pesos