financetom
Business
financetom
/
Business
/
Walmart's Mexico unit profit edges up, slightly below forecasts
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Walmart's Mexico unit profit edges up, slightly below forecasts
Feb 13, 2025 12:31 PM

MEXICO CITY (Reuters) - Walmart's ( WMT ) Mexico and Central America unit reported a 1.4% bump in its fourth-quarter net profit on Thursday, coming in at 15.2 billion Mexican pesos ($729 million), slightly below analysts' forecasts as its general expenses jumped some 15%.

Analysts polled by LSEG had forecast profits of some 16.55 billion pesos.

Net sales for the quarter were up 8.3% from the previous year to reach 272.88 billion Mexican pesos ($13.06 billion), from revenues that landed in line with analysts forecasts.

Core earnings, or earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter rose 2.5% to 27.38 billion pesos, slightly below an LSEG estimate of 28.97 billion pesos.

($1 = 20.8829 Mexican pesos at end-December)

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 >
Cra International Insider Sold Shares Worth $1,039,916, According to a Recent SEC Filing
Cra International Insider Sold Shares Worth $1,039,916, According to a Recent SEC Filing
Mar 14, 2024
05:53 PM EDT, 03/14/2024 (MT Newswires) -- Paul A Maleh, Director, President and CEO, on March 12, 2024, sold 7,500 shares in Cra International ( CRAI ) for $1,039,916. Following the Form 4 filing with the SEC, Maleh has control over a total of 170,280 shares of the company, with 170,280 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1053706/000141588924008023/xslF345X03/form4-03142024_090331.xml ...
Stoneridge Names Troy Cooprider as Chief Technology Officer
Stoneridge Names Troy Cooprider as Chief Technology Officer
Mar 14, 2024
05:54 PM EDT, 03/14/2024 (MT Newswires) -- Stoneridge (SRI) said Thursday it appointed Troy Cooprider as its chief technology officer. Cooprider joined Stoneridge in 2020 as vice president of advanced engineering and engineering excellence. Most recently, he was Stoneridge's vice president of global technology, the company said. Price: 16.7, Change: -0.01, Percent Change: -0.05 ...
Ulta Beauty's annual profit forecast misses estimates as costs climb
Ulta Beauty's annual profit forecast misses estimates as costs climb
Mar 14, 2024
(Reuters) - Ulta Beauty ( ULTA ) on Thursday forecast full-year profit below Wall Street estimates after elevated supply chain costs and increased promotions hurt margins, sending its shares down 4.5% in extended trading. Despite the beauty retailer's efforts to boost sales through steep discounts, inflation-weary consumers cut back spending on discretionary items such as cosmetics and hair care products....
First Watch Restaurant Group Insider Sold Shares Worth $165,531,000, According to a Recent SEC Filing
First Watch Restaurant Group Insider Sold Shares Worth $165,531,000, According to a Recent SEC Filing
Mar 14, 2024
05:53 PM EDT, 03/14/2024 (MT Newswires) -- David Paresky, Director, on March 12, 2024, sold 6,900,000 shares in First Watch Restaurant Group ( FWRG ) for $165,531,000. Following the Form 4 filing with the SEC, Paresky has control over a total of 27,189,784 shares of the company, with 27,189,784 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1789940/000114036124013292/xslF345X03/form4.xml Price: 24.55, Change: +0.34, Percent Change:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved