Walmart Mexico registers a quarterly net profit rise of 5%

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MEXICO CITY (February 16, 2022)) – Walmart’s Mexico unit on Wednesday reported a fourth-quarter net profit of 13.3 billion pesos ($646.3 million USD), up more than 5% from the year-earlier period, when the retailer posted a net profit of 12.6 billion pesos.

Walmart de Mexico, the biggest retailer in Mexico, brought in revenue of 214.6 billion pesos in the quarter, 9.5% more than in the prior October-to-December period.

($1= 20.5075 Mexican pesos at end-December)

ABOUT WALMART MEXICO

Walmart de México y Centroamérica, also known as Walmex, is the Mexican and Central American Walmart division.

Source: El Financiero

Mexico Daily Post