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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.46 | -1.75% | 25.82 | 25.68 | 26.02 | 26.28 | 25.76 | 26.155 | 138,915 | 21:00:10 |
By Anthony Harrup
MEXICO CITY--Sales at retailer Wal-Mart de Mexico SAB picked up pace in September, growing the most since June with same-store sales helped by a positive calendar effect.
Walmex, as the unit of Arkansas-based Walmart Inc. (WMT) is known, said sales grew 9% from September 2017 to 48.2 billion Mexican pesos ($2.5 billion).
Same-store sales, which exclude stores opened in the past year, rose 6.9% in Mexico, where the company served 2.8% more customers who spent 4.1% more on average per visit. Adjusted for calendar effects, such as an extra Sunday this year, comparable sales were up 4.9%.
Same-store sales rose 4% in Central America.
Walmex operates 3,205 stores in Mexico and Central America. Its sales in the first nine months of the year rose 8.4% from the year-earlier period to 436.1 billion pesos. The company plans to report its third-quarter financial results on Oct. 18.
--Write to Anthony Harrup at anthony.harrup@wsj.com
(END) Dow Jones Newswires
October 04, 2018 17:08 ET (21:08 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Wal Mart de Mexico SAB d... (QX) Chart |
1 Month Wal Mart de Mexico SAB d... (QX) Chart |
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