MEXICO: Walmex reports increase in Q1 earnings
- Net profit up 5.5%
- Operating profit climbs 5.2%
- Net sales grow 5.2%
Wal-Mart de Mexico booked an increase in first-quarter profit
Wal-Mart de Mexico, the US retailer's arm in Central America, has booked an increase in first-quarter profit on the back of an increase in sales.
Earnings in the three months to the end of March amounted to MXN4.97bn (US$405.7m), a 5.5% increase on the prior year. Operating profit was up 5.2% to MXN6.95bn.
Sales in the period reached MXN101.9bn, a 5.2% increase on the comparable period last year.
- It won't just be Unilever to push for Brexit hikes
- Danone's Q3 sales - what the analysts say
- Interview: UK trade body on Brexit's policy impact
- Interview: UK trade body on the impact of Brexit
- Future trends in natural food to go mainstream
- PepsiCo sets 2025 nutrition, sustainability goals
- China "transition" drags on Danone Q3
- Nestle lowers outlook on "softer environment"
- UK announces "action plan" to drive food exports
- France eyes leading role in proteins
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Omega-3 in Food and Beverage:Time for a Reboot?
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review
- Bakery (UK) - Industry Report
- Redefining Snacks: From Conventional Snacks to Snack Replacements