Walmart’s Mexico unit posts 10% dip in Q2 profit even as sales rise

MEXICO CITY (Reuters) -Walmart’s Mexico and Central America unit reported a 10% dip in its second-quarter net profit on Wednesday, coming in at 11.23 billion Mexican pesos ($598 million).

Revnues for the quarter were up 8% from the same quarter in 2024 to reach 246.25 billion pesos.

($1 = 18.7654 Mexican pesos at end-June)

(Reporting by Sarah Morland; Editing by Natalia Siniawski)