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WMMVY Wal Mart de Mexico SAB de CV (QX)

37.45
0.16 (0.43%)
31 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Wal Mart de Mexico SAB de CV (QX) USOTC:WMMVY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.16 0.43% 37.45 37.45 38.27 38.09 37.17 37.2505 48,259 21:01:37

Wal-Mart de Mexico Posts Gain in Fourth-Quarter Profit

15/02/2018 10:10pm

Dow Jones News


Wal Mart de Mexico SAB d... (QX) (USOTC:WMMVY)
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By Anthony Harrup

 

MEXICO CITY--Mexico's biggest retailer, Wal-Mart de Mexico SAB (WALMEX.MX, WMMVY), said Thursday that its net profit grew 1.7% in the fourth quarter as the company increased sales and kept expenses under control.

Walmex, the Mexico and Central America unit of Arkansas-based Walmart Inc., reported net profit of 10.6 billion Mexican pesos ($573 million) in the October-December period, compared with 10.4 billion pesos a year earlier.

Excluding a one-time gain in the year-earlier quarter related to the sale of Walmex's clothing store chain Suburbia, net profit was up 12.5%.

Sales in the fourth quarter rose 6.8% to 168.2 billion pesos, while earnings before interest, taxes, depreciation and amortization, a measure of operating cash flow, increased 9.1% to 16.9 billion pesos.

 

Write to Anthony Harrup at anthony.harrup@wsj.com<mailto:anthony.harrup@wsj.com>

 

(END) Dow Jones Newswires

February 15, 2018 16:55 ET (21:55 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

1 Year Wal Mart de Mexico SAB d... (QX) Chart

1 Year Wal Mart de Mexico SAB d... (QX) Chart

1 Month Wal Mart de Mexico SAB d... (QX) Chart

1 Month Wal Mart de Mexico SAB d... (QX) Chart