Walmex aims for sales recovery after soft first quarter
CEO Cristian Barrientos said the retailer aims to regain sales momentum after a soft first quarter. The firm plans to invest 43 billion pesos throughout 2026.
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WALMART DE MEXICO SAB DE CV reported a Q1 net profit of 12.5 billion pesos ($697.34 million) as it seeks to accelerate sales growth. The results follow a period the retailer characterized as "not good" despite a fractional increase in quarterly earnings. Investors are weighing a 10% increase in 2026 capital expenditure against a proposed 10 billion peso share buyback program.
