View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
April 24, 2013

MEXICO: Walmex reports increase in Q1 earnings

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.

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.

Related Companies

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food