Walmart de México y Centroamérica Reports
Results for the Fourth Quarter 2020
FREE TRANSLATION, NOT TO THE LETTER
Mexico City, February 18, 2021
Financial Results
Today Wal-Mart de México, S.A.B. de C.V. (BMV: WALMEX) reported financial results for the fourth quarter of 2020. Total revenues increased 5.5%. EBITDA for the quarter amounted to $22.3 billion pesos, which represented 11.4% of total revenues, an increase of 8.5% over last year's levels.
Main figures are:
Results
2020
October - December
Million $MXN
Net Sales
Other Income Total Revenues Cost of Sales Gross Profit General Expenses
194,724 1,264 195,988
184,369 1,375
5.6 (8.1)
100.0
(150,642)
(76.9)
185,744 (143,627)
100.0 5.5
(77.3) 4.9
45,346
23.1
(27,553)
(14.1)
42,117 (25,989)
22.7 7.7
(14.0) 6.0
Income before Other Income Net Other Income (Expenses) - Net Operating Income
17,793 81 17,874
9.1 0.0 9.1
16,128 72
8.7 10.3
0.0 13.4
16,200
8.7 10.3
Financial Income (Expenses) - Net Taxes
(1,191)
Net Income EBITDA
(4,080) 12,603 22,347
(0.6) (2.1)
(1,391)
(0.7) (14.3)
(3,577)
(1.9) 14.1
6.4 11.4
11,232
6.0 12.2
20,591
11.1 8.5
EPS (in pesos)
0.722
0.643 12.2
EPS= Earnings per share
This document may contain certain references concerning Wal-Mart de México S.A.B. de C.V.'s future performance that should be considered as good faith estimates made by the Company. These references are a reflection of Managements' expectations about the Company and are based upon currently available data. Actual results are always subject to future events, risks and uncertainties, which could materially impact the Company's actual performance.
February 18, 2021
1
Results
January - December
Net Sales Other Income
Total Revenues Cost of Sales
Gross Profit
General Expenses
Income before Other Income Net
Other Income (Expenses) - Net
Operating Income
Financial Income (Expenses) - Net Taxes
Net Income EBITDA
EPS (in pesos)
EPS= Earnings per share
Openings Q4 2020
Mexico: 35 units
28 Bodegas Aurrerá
o 1 Bodega Aurrerá
o 7 Mi Bodegas
o 20 Bodegas Aurrerá Express
5 Walmarts
2 Walmarts Express and 4 conversions
Central America: 2 units 2 Bodegas
2020
Million $MXN
696,711 5,023 701,734
641,825 8.6
5,021 0.0
(539,694)
100.0
646,846 (498,795)
(76.9)
100.0 8.5
(77.1) 8.2
(105,042)
162,040
23.1
148,051 (94,427)
(15.0)
22.9 9.4
(14.6) 11.2
(16,029)
(7,983)
56,998 449 57,447
(1.1) (2.3)
8.1 0.1 8.2
53,624 379 54,003 (4,801) (11,304)
8.3 6.3
0.1 18.7
8.3 6.4
(0.7) 66.3
(1.7) 41.8
33,435 75,387 1.915
4.8 10.7
37,898 71,005
5.9 (11.8)
11.0 6.2
2.170 (11.8)
This document may contain certain references concerning Wal-Mart de México S.A.B. de C.V.'s future performance that should be considered as good faith estimates made by the Company. These references are a reflection of Managements' expectations about the Company and are based upon currently available data. Actual results are always subject to future events, risks and uncertainties, which could materially impact the Company's actual performance.
February 18, 2021
2
Installed Capacity
Sales Area in m2 (December 31, 2020) | ||
Format | Mexico | Central America |
Bodegas and Discount Stores | 2,924,778 | 482,312 |
Walmarts | 2,153,275 | 180,325 |
Sam's Clubs | 1,171,760 | |
Supermarkets | 145,671 | 136,849 |
Walmart Express | 8,012 | |
Total | 6,403,496 | 799,486 |
Other Events
Walmart Mexico and Central America ranked 32nd in the ranking of "The 50 Most Sustainable Companies in Mexico", as one of the companies with strong sustainability programs considered in the decision making process.
Walmart Mexico and Central America was included in the ranking of "The 1000 Most Important Companies in Mexico". Obtaining the following positions: Walmart Mexico and Central America 6th place, Walmart 28th place, Bodega Aurrera 19th place, Sam's Club 45th place and Superama 175th place.
Walmart Mexico and Central America obtained the 2nd position within the ranking "The 100 companies with the Best Responsibility and Corporate Governance in Mexico" by the Business Monitor of Corporate Responsibility (MERCO) and the 1st position in the self-service sector.
Claudia De la Vega, Director of Corporate Affairs for Walmart Mexico and Central America was included in the "Líderes de la Sustentabilidad" Report. Being a key contributor in implementing programs and processes at the Company to move towards a green and sustainable economy.
Walmart Mexico Foundation obtained the 4th position in the report "Philanthropic Companies and Foundations", thanks to the actions and advances it has had in the work of rebuilding the social fabric, focused on children, men and women in vulnerable situations.
Conference Call
Walmart de México y Centroamérica will hold a webcast today at 8:30 AM (CT) regarding fourth quarter 2020 results. Access to the webcast is through:
• Investor relations websitewww.walmex.mx
•Link
The presentation and the transcript will be available both in English and in Spanish at our website.
This document may contain certain references concerning Wal-Mart de México S.A.B. de C.V.'s future performance that should be considered as good faith estimates made by the Company. These references are a reflection of Managements' expectations about the Company and are based upon currently available data. Actual results are always subject to future events, risks and uncertainties, which could materially impact the Company's actual performance.
February 18, 2021
3
Company Description
WALMEX is a Retail Sector company whose shares are traded in the Mexican Stock Exchange since 1977. As of December, 2020, it operated 3,489 units, broken down as follows:
2,634 Mexico
855 Central America
2,088
Bodegas Aurrerá:
563 Discount Stores
549 Bodegas
100 Supermarkets
406 Mi Bodegas
35 Walmarts
287
1,133 Bodegas Express Walmarts
157 Bodegas
164 Sam's Clubs
89 Superamas
6 Walmart Express
Ticker Symbols
Mexican Stock Exchange: | Bloomberg: | Reuters: | ADR's sponsored program: |
Walmex | Walmex* MM WMMVY US | Walmex.Mx WMMVY.Pk | WMMVY |
Websites
Investor Relations:www.walmex.mx Corporate:www.walmartmexico.com
From the different formats:
www.walmart.com.mxwww.sams.com.mxwww.superama.com.mxwww.bodegaaurrera.com.mx
Contact us
Investor Relations | Corporate Communication |
Pilar de la Garza Fernández del Valle (52-55) 5283-0289pilar.de@walmart.com | Luis Carlos Herrerías (52-55) 1384-5876luis.herrerias@walmart.com |
This document may contain certain references concerning Wal-Mart de México S.A.B. de C.V.'s future performance that should be considered as good faith estimates made by the Company. These references are a reflection of Managements' expectations about the Company and are based upon currently available data. Actual results are always subject to future events, risks and uncertainties, which could materially impact the Company's actual performance.
February 18, 2021
4
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Wal-Mart de Mexico SAB de CV published this content on 18 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2021 14:18:06 UTC.