Walmart de Mexico has reported a net income increase of 15% to $376.84 million in the third quarter. Total revenues over this period rose 11% to $7.06 billion.Walmart de Mexico CEO Scott Rank said: "In Mexico, this quarter we had the highest sales growth of the year both in comparable and total stores and in Central America the third quarter represented a quarter of investment and business transformation, which will allow us to establish a strong foundation for sustained growth." Walmex currently operates 2,532 outlets with 258 store openings year-to-date.
Source: Planet Retail
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