FILE PHOTO: A view shows the logo of a Walmart store in Ciudad Juarez, Mexico, June 24, 2024. REUTERS/Jose Luis Gonzalez/ File Photo
FILE PHOTO: A view shows the logo of a Walmart store in Ciudad Juarez, Mexico, June 24, 2024. REUTERS/Jose Luis Gonzalez/ File Photo
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Business & Economy

Walmart's Mexico unit posts 10% dip in Q2 profit even as sales rise

MEXICO CITY (Reuters) -Walmart’s Mexico and Central America unit reported a 10% dip in its second-quarter net profit on Wednesday, coming in at 11.23 billion Mexican pesos ($598 million).

Revnues for the quarter were up 8% from the same quarter in 2024 to reach 246.25 billion pesos.

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($1 = 18.7654 Mexican pesos at end-June)

(Reporting by Sarah Morland; Editing by Natalia Siniawski)

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