Market Overview

Walmex August Sales Up 10.5%

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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.

Posted-In: SalesNews

 

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