Walmex Sales Up 8.9% In November
Wal-Mart de Mexico SAB (OTC: WMMVY) reported an 8.9% y/y rise in its sales in November.
Walmex's sales for the month surged to 37.76 billion pesos ($2.95 billion). Walmex's total Mexican sales climbed 9.8% to MXN33.37 billion.
On a comparable-store basis, sales surged 5.5%. For the first 11 months of the year, Walmex's total sales climbed 11.1% y/y to MXN363.48 billion.
Walmex shares closed at $33.34 yesterday.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.