)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Wal-Mart de México (WALMEX) investor relations material
Wal-Mart de México Q2 2025 (Q&A) earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 (Q&A) earnings summary17 Jul, 2025
Executive summary
Achieved 8.3% consolidated revenue growth in 2Q25, reaching MXN 246.3 billion, with 6% growth in both Mexico and Central America, and eCommerce GMV up 20% in Mexico and 49% in Central America.
Same-store sales rose 4.4% in Mexico and 4.0% in Central America; private brand penetration reached 18.9% in Mexico and 16.7% in Central America.
Strategic focus on market share gains, price competitiveness, private brands, e-commerce acceleration, and omnichannel leadership.
Store count totaled 4,124 across Mexico and Central America, with 25 new stores opened in 2Q25 (20 in Mexico, 5 in Central America).
Committed to doubling the business faster than before, prioritizing growth and share gains while protecting margins.
Financial highlights
2Q25 net sales reached MXN 244.6 billion, up 8.3% year-over-year; gross margin held steady at 24.1%.
EBITDA margin was 9.5% in 2Q25; operating income declined 4.0% year-over-year.
Average ticket increased 6% year-over-year, driven by price and product mix, especially durables.
SG&A expenses rose 12.2% to 17.2% of revenues, driven by investments in new stores, remodels, tech, e-commerce, and labor costs.
Net income declined 10.3% to MXN 11.2 billion; EPS was 0.645 pesos, down from 0.717 pesos in 2Q24.
Outlook and guidance
Reaffirmed guidance for gross margin expansion for the full year, despite quarterly variations due to price investments.
High single-digit growth in SG&A expected in constant terms, with controls in place to align expense growth with revenue.
Store openings and remodels to accelerate in the second half, with benefits expected in growth and share gains.
Management remains focused on controllable factors and strategic goals, highlighting continued investment in technology, eCommerce, and new stores.
Future performance subject to risks and uncertainties, with guidance reflecting current management expectations.
Explain the flat gross margin in 2Q25.
Why did Mexico's traffic decrease?
Discuss the impact of new businesses.
Explain the lower days payable this quarter.
How did weather impact traffic across formats?
Detail AI integration in e-commerce/omnichannel.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Wal-Mart de México earnings date
Q3 202529 Oct, 2025
Next Wal-Mart de México earnings date
Q3 202529 Oct, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
The Mexican Walmart
Wal-Mart de México de C.V., also known as Walmart Mexico, is the Mexican division of Walmart, the American multinational retail corporation. The company operates over 2,500 stores in Mexico, including Walmart Supercenters, Bodegas Aurrera, Sam's Club, and Suburbia. Walmart Mexico's business model mirrors its American division, centered around offering customers a diverse range of products, convenience, and competitive pricing.
Untapped market with vast potential
One of Walmart Mexico's main opportunities is its large and growing market in Mexico, with a population of over 130 million people. The company can also leverage its scale and global supply chain to offer low prices to its customers. Additionally, Walmart Mexico has been investing in e-commerce to keep up with changing consumer habits and capture more market share in online retail.
However, Walmart Mexico also faces several challenges. One of these challenges is competition from other large retailers such as Soriana and Chedraui. Additionally, Walmart Mexico has faced criticism for its labor practices and environmental impact, which could harm its reputation and customer loyalty.
Three listed peers to Walmart Mexico are Soriana, Chedraui, and Liverpool, all of which operates supermarket, retail chains, and department stores across Mexico.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage