Mexico's Walmex 2nd qtr net profit soars 24 pct
MEXICO CITY, July 19 |
MEXICO CITY, July 19 (Reuters) - Walmex, Mexico's biggest retailer, said on Monday its second-quarter net profit jumped 24 percent as sales got a big lift from its recently added Central American operations.
Wal-Mart de Mexico, or Walmex (WALMEXV.MX), said it earned 4.65 billion pesos ($360 million) in the April-June period, compared with 3.75 billion pesos a year earlier, above analysts' expectations.
($1 = 12.94 at end June) (Reporting by Cyntia Barrera Diaz) (cyntia.barrera@thomsonreuters.com; + 52 55 5282 7153; Reuters Messaging: cyntia.barrera.reuters.com@reuters.net))
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