financetom
Business
financetom
/
Business
/
Walmart in Mexico posts 9% rise in Q2 net profit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Walmart in Mexico posts 9% rise in Q2 net profit
Jul 24, 2024 2:19 PM

MEXICO CITY, July 24 (Reuters) - Walmart's Mexico and

Central America unit posted a 9.3% year-on-year

climb in its second-quarter net profit on Wednesday, reaching

12.51 billion pesos.

The retailer's revenues in the quarter were up 6.4% to

225.75 billion pesos, the company said in a statement.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Check Point Q3 Earnings: Security Subscriptions Revenue Soars 11.5%, But Margins Slip As Expenses Rise
Check Point Q3 Earnings: Security Subscriptions Revenue Soars 11.5%, But Margins Slip As Expenses Rise
Nov 3, 2024
Check Point Software Technologies Ltd ( CHKP )  reported fiscal third-quarter revenue growth of 7% year-on-year to $635.10 million, marginally missing the analyst consensus estimate of $635.14 million.  The American-Israeli enterprise security solution provider’s adjusted EPS of $2.25 was in line with the analyst consensus estimate. Revenue from Products and licenses grew by 4.1% to $118.9 million, Security subscriptions increased 11.5% year over year to $276.9 million, and Software updates...
Schlumberger Pick of the Week at Smart Insider Following EVP's Stock Sale
Schlumberger Pick of the Week at Smart Insider Following EVP's Stock Sale
Nov 3, 2024
08:51 AM EDT, 10/29/2024 (MT Newswires) -- Schlumberger ( SLB ) was Smart Insider's stock pick of the week after the company's Executive Vice President Abdellah Merad sold 60,000 Schlumberger ( SLB ) shares at $41.90 apiece on Oct. 24. The transaction, which reduced Merad's stake in the company by 22% to 212,000 shares, followed a 50,000 share sale in...
IPG Photonics to Acquire Laser Cleaning Services Provider CleanLASER
IPG Photonics to Acquire Laser Cleaning Services Provider CleanLASER
Nov 3, 2024
08:48 AM EDT, 10/29/2024 (MT Newswires) -- IPG Photonics ( IPGP ) said Tuesday it has agreed to acquire laser cleaning services provider Clean-Lasersysteme, known as cleanLASER. Financial terms were not disclosed. The manufacturer of fiber lasers said the acquisition, subject to regulatory approval, is expected to close in Q4. IPG said it plans to provide more information about the...
Sector Update: Consumer
Sector Update: Consumer
Nov 3, 2024
08:50 AM EDT, 10/29/2024 (MT Newswires) -- Consumer stocks were steady premarket Tuesday, with The Consumer Staples Select Sector SPDR Fund (XLP) and The Consumer Discretionary Select Sector SPDR Fund (XLY) both unchanged. D.R. Horton ( DHI ) shares were down more than 9% after the company reported lower fiscal Q4 net income and consolidated revenue. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved