Walmex Reports Strong Revenue Growth In December, All Of 2015

Wal-Mart de Mexico S.A.B. de C.V. reported revenue grew 11 percent to 485.86 billion pesos, or $27.1 billion, in 2015, compared with the previous year. For December 2015, the Mexican unit of Wal-Mart said sales grew 12.5 percent, compared with the same month in 2014. Total sales for Mexico increased 10.5 percent from December 2014, with same-store sales rising 9.1 percent during the period. Total sales for the five-week period from November 28, 2015, to January 1, 2016, rose 9.4 percent, with same-store sales rising 8.0 percent.