Mexican retailer Wal-Mart de Mexico (Walmex) has said its same-store sales edged up 0.3% in September as poor weather conditions affected stocks.

Walmex, which is majority owned by US retail giant Wal-Mart, reported total September sales of 8.79bn pesos (US$783m), a rise of 5.5% compared to the year-ago period, reported Dow Jones International News.

“Hurricane-related storm activity appears to be resulting in crop damage, logistical difficulties and high out of stocks in produce for retailers throughout Mexico,” analyst Merrill Lynch was quoted by Dow Jones as saying.

Walmex, which operates more than 600 retail outlets and restaurants in Mexico, said it opened two new supermarkets in September.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now