MEXICO CITY, Feb 13 (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)