Wal-Mart de México, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 20, 2022 at 01:15 am EDT
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Wal-Mart de México, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MXN 196,321 million compared to MXN 174,577 million a year ago. Revenue was MXN 197,885 million compared to MXN 176,042 million a year ago. Net income was MXN 12,153 million compared to MXN 11,049 million a year ago. Basic earnings per share from continuing operations was MXN 0.696 compared to MXN 0.633 a year ago.
For the nine months, sales was MXN 576,788.06 million compared to MXN 517,289.07 million a year ago. Revenue was MXN 581,348.1 million compared to MXN 521,472.59 million a year ago. Net income was MXN 34,153.17 million compared to MXN 30,883.58 million a year ago.
Wal Mart de Mexico SAB de CV is a Mexico-based company engaged in operating self-service stores. The Company's segments include Mexico and Central America. In Mexico, the Company operates through Self-service, which includes the operation of discount stores, hypermarkets, wholesale-price membership stores and supermarkets, and Others, which includes department stores and real estate transactions with third parties. In Central America, it operates discount stores, supermarkets, hypermarkets, warehouse stores and wholesale-price membership stores in Costa Rica, Guatemala, Honduras, Nicaragua and El Salvador. It offers products in a range of categories, such as food, consumables, general merchandise and apparel. It offers products under various brand names, including Bodega Aurrera Express, Walmart, Sam's Club, Superama, Suburbia and Medimart Pharmacies. The Company also operates e-commerce business in Mexico. It is controlled by Wal Mart Stores Inc.
WAL-MART DE MÉXICO, S.A.B. DE C.V. 
