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Walmart de México and Central America earned close to US$ 775 million in the first quarter, 14.4% more
Thursday, April 25, 2024 - 09:45
Walmart. Foto: Reuters.

By markets, billing in Mexico grew by 12.2% compared to the first quarter of the previous year, reaching US$ 11,170.7 million, representing 84% of its total turnover.

Walmart de México y Centroamérica has increased its net profit until March by 14.4% compared to the first quarter of the previous year, achieving profits of US$ 774.8 million.

Net sales grew between January and March of this year by 9.8% year-on-year, bringing the company's turnover to US$13,294 million.

By markets, billing in Mexico grew by 12.2% compared to the first quarter of the previous year, reaching US$ 11,170.7 million, representing 84% of its total turnover.

Meanwhile, Walmart managed to add US$2,123 million in revenue from its business in Central America, 2.7% more year-on-year.

The gross operating result (Ebitda) was US$ 1,447 million, 10.3% higher than the previous year. Meanwhile, the operating result increased 10.6% year-on-year, to US$ 1,126.5 million.

The executive president and general director of Walmart de México y Centroamérica, Gui Loureiro, has indicated that the first quarter of the year has shown solid double-digit growth in revenue in constant currency. "We had a good start to 2024," he maintained.

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Europa Press