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WMMVY Wal Mart de Mexico SAB de CV (QX)

25.82
-0.46 (-1.75%)
26 Nov 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
  -0.46 -1.75% 25.82 25.68 26.02 26.28 25.76 26.155 138,915 21:00:10

Wal-Mart de Mexico Sales Rose in September

04/10/2018 10:23pm

Dow Jones News


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

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

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