April 28, 2020 / 8:33 PM / a month ago

Walmart's Mexico unit reports first quarter net profit up 15.4%

MEXICO CITY, April 28 (Reuters) - Walmart’s Mexico unit reported first quarter net profit of 10 billion pesos ($420.2 million) on Tuesday, a jump of 15.4% over the year-earlier period.

Walmart de Mexico, the biggest retailer in Mexico, posted revenue of 171.3 billion pesos in the quarter.

$1 = 23.7980 pesos at end-March Reporting by Daina Beth Solomon; Editing by Anthony Esposito

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