Investor Presentaiton
Walmex
1,2
Net Sales (cc): $10.7 billion, +10.1%
Comparable
sales growth
11.5%
11.7%
10.6%
III
9.3%
Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24
8.7%
Q2 FY24
Sales
•
Double-digit growth with continued
strength in food and consumables
Opened more than 120 new stores in
past twelve months, including 22 new
stores in the quarter
In Mexico, comp sales grew 8.5% driven
by Sam's Club and Bodega
Strong performance during the annual
"Hot Sale" event
Gross profit rate Relatively flat
•
New sources of revenue offsetting price
investments
Operating expense rate Decrease
•
Driven by strong sales growth partially
Net sales growth +12.7%
+12.9%
+11.8%
+10.6%
+10.1%
eCommerce net
sales growth
+17%
+17%
+14%
+17%
+21%
offset by continued investments in
associates and strategic priorities
Operating income $ Increase
'Walmex includes the consolidated results of Mexico and Central America
2Results are presented on a constant currency basis. Net sales and comparable sales are presented on a nominal, calendar basis and
include eCommerce results. Change is calculated as the change versus the prior year comparable period.View entire presentation