Mexican retailer Walmart de Mexico is expected to report this week that its firs...
FILE PHOTO: Two people walk outside a Wal-Mart store in Mexico City January 11, 2013. REUTERS/Edgard Garrido
MEXICO CITY - Mexican retailer Walmart de Mexico is expected to report this week that its first-quarter net profit rose 6.4 percent compared with the year-earlier period, according to analysts polled by Reuters, boosted by higher sales. Analysts also forecast that the company will report a 4.7 percent climb in revenue compared with last year’s January-to-March period.
Walmart de Mexico, controlled by Walmart Inc., will report first-quarter results after markets close on Thursday.
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