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.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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