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Wal-Mart De Mexico Posts Slightly Weaker Sales Growth In 2Q 2016

July 5, 2016: 12:00 AM EST
Wal-Mart de Mexico SAB reported total sales in Mexico and Central America grew 11 percent in the April‒June 2016 quarter to 126.6 billion Mexican pesos, compared with the same period in the previous year. Sales for June alone also grew 11 percent to 41.24 billion Mexican pesos, or $2.1 billion, compared with the same month in 2015. Same-store sales rose 6.8 percent in June in Mexico, slower than the previous two months, and 4.3 percent in Central America. Wal-Mart operates 2,362 stores in Mexico and 709 in Central America.
Anthony Harrup, "Wal-Mart de Mexico Sales Growth Slows in June", Wall Street Journal, July 05, 2016, © Dow Jones & Company, Inc.
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