Wal-Mart de Mexico Reports Q1 Earnings and Revenue Growth

Wal-Mart de Mexico reported Q1 GAAP earnings per share of MXN0.72 and revenue of MXN243.26 billion, reflecting a 1.7% year-over-year increase. Same-store sales growth was 3.1% in Mexico and 0.9% in Central America, driven by increases in ticket prices but offset by declines in traffic.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Wal-Mart de Mexico Reports Q1 Earnings and Revenue Growth

Topics: Central America earnings financial performance Mexico revenue same-store sales

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