Investing
Walmart’s Mexico unit posts 3.7% jump in Q1 net profit
© Reuters. FILE PHOTO: A customer shops inside a Walmart store in Mexico City, Mexico March 28, 2019. REUTERS/Edgard Garrido/File Photo
(Reuters) – Walmart (NYSE:)’s Mexico unit on Wednesday posted a 3.7% jump in its first-quarter net profit from a year ago, rising to 11.5 billion pesos.
Revenue for Walmart de Mexico, known as Walmex, rose 9.7% to 206.07 billion pesos for the quarter.
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