From Yahoo Finance: 2025-04-29 17:41:00

Walmart’s Mexico and Central America unit, Walmex, saw a 7% drop in first-quarter net profit, falling to 12.32 billion pesos. Revenue rose 7% to 240.97 billion pesos, exceeding forecasts. CEO Ignacio Caride cited challenging economic conditions and a shift in holiday timing. Walmex plans to increase e-commerce capabilities and prepare for potential labor law changes.

Read more: Walmart in Mexico posts weaker-than-expected 7% dip in Q1 net profit