April 22, 2019 / 10:34 PM / 2 months ago

Walmart's Mexico unit forecast to see first-quarter net profit up 6.4%: Reuters Poll

FILE PHOTO: Two people walk outside a Wal-Mart store in Mexico City January 11, 2013. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) - Mexican retailer Walmart de Mexico is expected to report this week that its first-quarter net profit rose 6.4 percent compared with the year-earlier period, according to analysts polled by Reuters, boosted by higher sales.

Analysts also forecast that the company will report a 4.7 percent climb in revenue compared with last year’s January-to-March period.

Walmart de Mexico, controlled by Walmart Inc., will report first-quarter results after markets close on Thursday.

Reporting by Daina Beth Solomon; Editing by James Dalgleish

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below