Walmex August Sales Up 10.5%
Wal-Mart de Mexico SAB (OTC: WMMVY) reported a 10.5% y/y rise in its sales in August.
Its sales for the month climbed to 33.46 billion pesos ($2.57 billion). On a comparable-store basis, sales in the country climbed 4.1% y/y.
For the first eight months of the year, its total sales surged 12% y/y to MXN259.96 billion.
Walmex shares dropped 0.95% to close at $27.18 yesterday.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.