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Walmex sales jump 4% YOY in September

Wal-Mart de México SAB de CV said Oct. 7 that total consolidated sales for the month of September rose 4% year over year to 50.13 billion Mexican pesos.

The Mexican unit of U.S. retail chain Walmart Inc. said total sales in Mexico jumped 4.4% year over year to 41.08 billion pesos during the month, while Central America sales increased 2% year over year to 9.05 billion pesos.

Comparable store sales in Mexico climbed 3.1% year over year but slid 2.6% in Central America on a constant currency basis.

Walmex opened nine new stores in September, seven of which were in Mexico with two in Central America. It has also opened three new stores in Mexico and two new stores in Central America so far in October.

As of Oct. 7, US$1 was equivalent to 19.54 Mexican pesos.