Wal-Mart De Mexico October Same-Store Sales Up 5.1% On Year

Date : 11/06/2009 @ 5:25PM
Source : Dow Jones News
Stock : Wal-Mart Stores Inc. (WMT)
Quote : 54.79  0.11 (0.20%) @ 9:44AM
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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

 
 

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