Walmart’s Mexico unit says third-quarter net profit up 10% By Reuters


© Reuters. FILE PHOTO: A Walmart sign is pictured inside a Walmart store in Mexico City, Mexico March 28, 2019. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) – Walmart (NYSE:)’s Mexico unit on Thursday reported third-quarter net profit of 12.15 billion pesos ($603.8 million), up nearly 10% from the year-earlier period.

Walmart de Mexico, the biggest retailer in Mexico, brought in a revenue of 197.89 billion pesos in the quarter.

($1 = 20.1271 pesos at end-September)

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