×
2 517
Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Boots-Liverpool Street, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots-Handforth Dean, Wilmslow - 15 Hours / Week - Part Time, Permanent
Permanent · Wilmslow
ESTÉE LAUDER
Clinique - Consultant - Bentalls, Kingston- 21.5 Hours / 3 Days / Week - Part Time, Permanent
Permanent · Kingston upon Thames
ESTÉE LAUDER
la Mer - Business Manager - Flannels, Meadowhall - 37.5 Hours / 5 Days - Full Time, Permanent
Permanent · Sheffield
ESTÉE LAUDER
Clinique - Consultant - Boots - Cribbs Causeway, Bristol - 17.5 Hours / 3 Days - Part Time, Permanent
Permanent · Bristol
ESTÉE LAUDER
la Mer - Business Manager - Harvey Nichols, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots, Warrington - 17 Hours - Part Time, Permanent
Permanent · Warrington
ESTÉE LAUDER
The Estée Lauder Companies - IT Service Desk Manager UK
Permanent · Fareham
ESTÉE LAUDER
Clinique - Consultant - Boots, Bishops Stortford - 7.5 Hours - Part Time, Permanent
Permanent · Bishop's Stortford
JOHN LEWIS
Contract Sales Manager
Permanent · DARWEN
PUMA
Cobra Puma Golf - Sales Support Coordinator
Permanent · Castleford
JOHN LEWIS
Loss Prevention Partner
Permanent · LEICESTER
HEAD OFFICE
Team Manager/Chef Victoria Head Office
Permanent · LONDON
VF INTERNATIONAL
Account Coordinator - Italian Speaking - Vans
Permanent · NOTTINGHAM
VF INTERNATIONAL
dc Training Specialist
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
DR. MARTENS
Finance Analyst
Permanent · LONDON
MULBERRY
Lifetime Service Centre, Raw Materials Stock Coordinator
Permanent · CHILCOMPTON
AUTUMNPAPER LIMITED
Alexander Mcqueen Vip Officer
Permanent · LONDON
AUTUMNPAPER LIMITED
Alexander Mcqueen Decision Intelligence Manager
Permanent · LONDON
ON RUNNING
Technical Representative
Permanent · LONDON
DEBENHAMS
Business Development Manager
Permanent · LONDON
Ads
By
Reuters
Published
Feb 19, 2015
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Walmex reports jump in fourth-quarter profit

By
Reuters
Published
Feb 19, 2015

MEXICO CITY, Mexico - Wal-Mart de Mexico , the country's biggest retailer, said on Tuesday fourth-quarter profit rose more than 40 percent, helped by a pickup in revenue and asset sales.

The company reported a profit of 10.39 billion pesos ($704.5m/£452m), compared with 7.3 billion pesos in the year-earlier period.

Revenue climbed 4.3 percent to 129.44 billion pesos, the company said.

Walmex has been selling non-core assets in Mexico as it seeks to focus on its supermarket business. The company, which is controlled by Wal-Mart Stores Inc, sold its restaurant division and bank unit last year.

The profit was significantly above an estimated profit of 7.49 billion pesos that analysts polled by Reuters had expected, although the increase in sales was in line with expectations.

Walmex struggled to increase its sales last year as Mexican consumers spent cautiously.

Same-store sales - sales at stores open more than a year - in Mexico increased just 0.4 percent from the year-earlier quarter, the company reported.

That was partially offset by better sales in Central America, which reported a same-store sales pickup of 4.1 percent on the year-earlier quarter.

"While there's room for improvement, particularly in sales, there are other things that made me feel encouraged," said Chief Executive Enrique Ostale on a prerecorded webcast that was not open to questions.

Walmex shares closed up 1.12 percent at 33.36 pesos before the company reported results. 

1 Mexican peso = $0.067/£0.043

© Thomson Reuters 2022 All rights reserved.