Wal-Mart De Mexico October Same-Store Sales Up 5.1% On Year
MEXICO CITY -(Dow Jones)- Retailer Wal-Mart de Mexico SAB (WMMVY, WALMEX.MX)
said Friday that its same-stores sales grew 5.1% in October from the year-ago
month as more people visited its stores and spent slightly more on average.
Walmex, as the country's biggest retailer is known, said total sales last
month rose 12.8% from October 2008 to 21.72 billion pesos ($1.62 billion),
helped by the opening of 30 new stores during the month.
The 5.1% rise in same-store sales, excluding stores opened in the past year,
was the result of a 4.9% increase in the number of customers and a 0.2% increase
in the average receipt per customer, Walmex said.
With the opening of five supermarkets so far this month, Walmex has 1,363,
supermarkets, clothing stores and restaurants in operation.
Walmex V shares trading on the Mexican stock exchange closed up 0.3% Friday at
MXN48.41.
-By Anthony Harrup, Dow Jones Newswires; 52-55-5980 5176, anthony.harrup@
dowjones.com
(END) Dow Jones Newswires
11-06-091710ET
Copyright (c) 2009 Dow Jones & Company, Inc.
|