Insight Report 2 minutes PremiumWalmart (WALMEX.MX) 1Q16 Results: Solid Quarter; Growth Expected to Continue in 2016 Coresight Research April 26, 2016 Executive Summary Walmex reported 1Q16 revenues of MXN$126.4 billion, up 13.2% year over year and ahead of the consensus estimate of MXN$125.5 billion. EPS was MXN$0.39, beating the consensus estimate by .05 pesos and representing a 30.1% increase from 1Q15. Same store sales increased 9.3% in Mexico and 5.0% in Central America on a constant-currency basis. For 2016, management expects continued growth, and consensus estimates call for 9.4% revenue growth and EPS of MXN$1.62, representing 11.7% growth. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and BeyondInnovator Profile: Sociate.ai Enhances the Online Customer Experience Through Generative AIThree Data Points We’re Watching This WeekGenerative AI Latest: Amazon’s Initiatives, the Home Sector’s Entry and the Launch of Hypermodal AI
