Wal-Mart de México. de Full Year 2024 Earnings: EPS Misses Expectations

Wal-Mart de México. de (BMV:WALMEX) Full Year 2024 Results

Key Financial Results

• Revenue: Mex$957.5b (up 8.1% from FY 2023).
• Net income: Mex$53.8b (up 4.3% from FY 2023).
• Profit margin: 5.6% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: Mex$3.09 (up from Mex$2.96 in FY 2023).

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WALMEX * Sales Performance

• Like-for-like sales growth: 6.6% vs FY 2023.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Wal-Mart de México. de EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%.

The primary driver behind last 12 months revenue was the Mexico segment contributing a total revenue of Mex$797.6b (83% of total revenue). Notably, cost of sales worth Mex$727.0b amounted to 76% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to Mex$156.1b (88% of total expenses). Explore how WALMEX *'s revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Consumer Retailing industry in Mexico.

Performance of the Mexican Consumer Retailing industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Wal-Mart de México. de that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.