Walmex Reports Stronger Sales Growth In 3Q 2015

Wal-Mart de Mexico SAB said sales rose 12.5 percent to 37.3 billion pesos, or $2.23 billion, in September 2015, driving sales for the third quarter to grow 11.6 percent to 116.5 billion pesos, compared with the same period in the previous year. Same-store sales for September grew 7 percent in Mexico and 3.4 percent in Central America. Walmex said sales growth has recovered in 2015, driven by an improving Mexican economy and the company’s efforts to improve sales at its Sam’s Club membership stores.