Walmart in Mexico posts 12% drop in Q3 net profit

Walmart’s Mexico unit (WALMEX.MX) on Wednesday posted a 12.2% year-on-year drop in its third-quarter net profit, landing at 13.63 billion pesos.

Revenues landed at 213.07 billion pesos.

Reporting by Valentine Hilaire and Aida Pelaez Fernandez; Editing by Brendan O’Boyle

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