Wal-Mart de Mexico SAB de CV 7/24/2024 Earnings Report

Wal-Mart de Mexico SAB de CV EPS Results

• Actual EPS: $0.42
• Consensus EPS: $0.43
• Beat/Miss: Missed by -$0.01
• One Year Ago EPS: N/A

Wal-Mart de Mexico SAB de CV Revenue Results

• Actual Revenue: $13.21 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Wal-Mart de Mexico SAB de CV Announcement Details

• Date: 7/24/2024
• Time: TAS
• Conference Call Date: N/A
• Conference Call Time: N/A

Wal-Mart de México SAB de CV (OTCMKTS: WMMVY) is a leading Mexican retail company that operates a broad array of retail formats focused on serving everyday consumer needs. Its core activities include operating supermarkets, discount stores, membership warehouse clubs and related retail formats that sell groceries, perishables, household goods, apparel, electronics and general merchandise. The company also provides associated services commonly found in large retail chains, such as in-store pharmacies, basic financial and payment services, and e-commerce fulfillment to meet growing online demand.

The company’s operations are centered in Mexico and extend into several countries in Central America, where it serves urban and suburban consumers through a mix of neighborhood discount outlets, larger full-service supermarkets and membership-based warehouse clubs. Over time it has grown from a national retailer to one of the largest retail platforms in the region, building an integrated supply chain, logistics and store network to support high-volume grocery and general merchandise retailing. Management has emphasized omnichannel development, expanding digital sales and delivery capabilities alongside its extensive physical store footprint.

Wal-Mart de México is publicly listed and reports under Mexican market regulations while also maintaining an American Depositary Receipt (ADR) presence on the OTC market under the ticker provided. The company is governed by a board and an executive management team responsible for day-to-day operations and strategic direction, with a focus on cost-efficient operations, assortment tailoring for local markets and investments in technology and logistics. Its market role is principally as a mass-market retailer serving a wide consumer base across Mexico and neighboring Central American markets.