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Lala names Walmex chief Rank CEO

6 Jan 2015

Wal-Mart de Mexico CEO Scot Rank will replace long-time Grupo Lala chief executive Arquimedes Celis at the helm of the Mexican dairy company later this year.

MEXICO: Costs, late Easter weigh on Walmex profits

23 Apr 2014

Retailer Wal-Mart de Mexico, known locally as Walmex, has blamed higher expenses and a shift in the timing of Easter for a 4.5% drop in first-quarter profits.

MEXICO: Walmex Q4 profit down on price cuts

19 Feb 2014

Retailer Wal-Mart de Mexico, known locally as Walmex, saw its fourth-quarter net profit drop thanks to price cuts and falling consumer confidence.

MEXICO: Walmex posts increase in H1 sales, earnings

26 Jul 2013

Wal-Mart de Mexico, the US retailer's arm in Central America, has booked an increase in first-half sales and earnings.

MEXICO: Walmex reports increase in Q1 earnings

24 Apr 2013

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.

On the money: Wal-Mart sees comparable sales growth across the board

16 Aug 2012

US retail giant Wal-Mart delivered a 4.5% increase in total sales during the second quarter, with gains driven by higher same-store sales in every market that the group operates in.

US: Ex-KPMG chair Flynn joins Wal-Mart audit committee

31 Jul 2012

Former KPMG international chairman Tim Flynn has joined Wal-Mart Stores as a director and will sit on the retail giant's audit committee.

MEXICO: Walmex H1 profits up on higher sales

24 Jul 2012

Wal-Mart de Mexico, the US retailer's arm in Central America, has reported a 7% increase in half-year profits on the back of higher sales.

Comment: Nestle turns to emerging markets, Wal-Mart allegations hit the top

30 Apr 2012

Last week started with a bang, when on Monday morning (23 April) Nestle announced that it had beaten off competition from the likes of Danone to secure the baby food business of US pharmaceuticals group Pfizer.

MEXICO: Mexican authorities launch Walmex probes

27 Apr 2012

Mexico's attorney general has launched an investigation into allegations Wal-Mart Stores' local unit bribed officials to make it easier to open stores in the country.

Talking shop: Wal-Mart hit by shock-waves from Mexican scandal

25 Apr 2012

Shares in Wal-Mart de Mexico y Centroamerica plummeted this week as allegations the company bribed officials to speed up store openings prompted many shareholders to offload the stock at a rate of knots. Meanwhile, concern that US regulators will pursue action against parent company Wal-Mart Stores for violations of the Foreign Corrupt Practices Act could have some far-reaching consequences for the world's largest retailer. Katy Askew reports.

MEXICO: Walmex share price hit by corruption claims

24 Apr 2012

Wal-Mart de Mexico y Centroamerica saw its share price hit yesterday (24 April) as it revealed declining first-quarter margins and the market responded to the news that it was under investigation over bribery allegations.

MEXICO: Walmex profit growth quickens in Q4

21 Feb 2012

Wal-Mart de Mexico has reported a 14% increase in annual profits after its earnings accelerated in the last three months of 2011.

MEXICO: Wal-Mart Mexico increases profit 12%

19 Oct 2011

Wal-Mart de Mexico has posted a 12% increase in operating profit for the third quarter of the year.

MEXICO: Walmex Q2 profits down on store investment

20 Jul 2011

Wal-Mart Mexico and Central America has seen its second-quarter net income fall on the back of investment into developing new stores.

MEXICO: Walmex sales up in Q1

18 Apr 2011

Wal-Mart Mexico y Centroamerica saw net income rise by 18% during the first quarter of the year due to higher sales.

MEXICO: Wal-Mart increases net income in 2010

22 Feb 2011

Wal-Mart de Mexico recorded an increase in net income during 2010 as the company said it worked to strengthen its "leadership position" in Mexico and incorporated its Central American operations into its results.

MEXICO: Walmex posts lift in Q3 profits

12 Oct 2010

Wal-Mart de Mexico has booked an increase in third-quarter profits, boosted by sales that were driven by expansion in Mexico and Central America.

MEXICO: Walmex posts strong Q2

20 Jul 2010

Wal-Mart de Mexico has posted a 24% jump in second-quarter profits as sales climbed on the integration of stores from Central America.

MEXICO: Walmex achieves “solid” Q1

16 Apr 2010

Wal-Mart de México said it booked a “solid” set of results for the first quarter as net income increased 19%.

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