See every side of every news story
Published loading...Updated

Walmart Mexico’s Market Value Sheds $3 Billion After Q2 Profit Dip

Summary by WTVB
MEXICO CITY (Reuters) -Shares in Walmart’s Mexico and Central America unit, known as Walmex, slid 6% on Thursday morning, wiping off 60.9 billion pesos ($3.25 billion) from the firm’s market capitalization after posting weaker-than-expected margins. “The company faces a very important challenge: regaining profitability,” analysts at financial group Banorte said. Walmex on Wednesday posted a 10% decrease in net profit, despite sales coming up 8%,…

8 Articles

Lean Right

The net profit of Walmart Mexico and Central America recorded a decrease of 10.32 percent, when registering 11 thousand 227 million pesos in the second trimester of 2025, level less than the 12 thousand 510 million last quarter of last year, the company informed when it released its quarterly report to the Mexican Stock Exchange (BMV).“We have concluded the second trimester where we could observe a gradual increase in sales, however, the recover…

·Mexico
Read Full Article

Walmart of Mexico was boosted by the Hot Sale season, celebrated between May and June, which allowed its digital sales to grow 20% during the second quarter of the year. Despite this advance, the company led by Ignacio Caride continues to suffer a slower recovery in consumption than expected. Still, it reaffirmed its consolidated revenue growth guide for 2025, in a range of 6% to 7%, according to its quarterly financial report. In the second qua…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

El Economista broke the news in on Wednesday, July 16, 2025.
Sources are mostly out of (0)

Similar News Topics

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.