Sponsored Links

UPDATE 1-Mexico's Walmex Oct same-store sales down 0.9 pct

Thu Nov 8, 2012 4:32pm EST

MEXICO CITY Nov 8 (Reuters) - Mexico's biggest retailer, Wal-Mart de Mexico, said on Thursday that sales at its Mexican stores open for at least a year slipped 0.9 percent in October from a year ago, its first monthly decline in 19 months.

Results were a tad below expectations of a 1 percent decline in a Reuters survey of six sector analysts.

Last month had a weekend less than October of 2011, eliminating two important shopping days from the retailer's calendar.

Walmex , an affiliate of top global retailer Wal-Mart Stores Inc, said it operated 2,224 stores in Mexico and 633 in Central America at the end of September.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.