Wal-Mart de Mexico SAB de CV Sponsored ADR Class V
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- Wal-Mart de México, S.A.B. de C.V. (Walmex) operates as the largest retailer in Mexico and Central America, owning and managing a comprehensive network of self-service stores that offer everyday low prices on groceries, apparel, electronics, household goods, and general merchandise to individual consumers, small businesses, and families. The company runs discount stores under the Bodega Aurrerá, Bodega Aurrerá Express, Mi Bodega Aurrerá, Despensa Familiar, and Palí brands; hypermarkets under the Walmart Supercenter name; supermarkets under the Walmart Express, Superama, Paiz, La Despensa de Don Juan, La Unión, and Más x Menos banners; and membership warehouse clubs under the Sam's Club brand, complemented by omnichannel services including e-commerce platforms, home delivery, in-store pickup, financial solutions, and mobile app-based shopping via sites like walmart.com.mx, sams.com.mx, and bodegaaurrera.com.mx. Founded in 1991 with Walmart's entry into Mexico through a Sam's Club in Mexico City and evolving from the 1997 acquisition of majority stake in Cifra (with full integration by 2000), Walmex maintains headquarters in Mexico City and conducts operations across Mexico and five Central American countries: Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua, encompassing over 3,000 stores in Mexico alone and more than 4,000 regionally with 241,000 associates and 32 distribution centers. In recent developments, Walmex announced a landmark $6 billion investment in March 2025—equivalent to over 125 billion pesos—to expand store openings under Bodega Aurrerá, Sam's Club, Walmart Supercenter, and Walmart Express formats across all 32 Mexican states, targeting up to 5,500 new direct jobs; the company also integrated Aplazo.mx as a buy-now-pay-later payment option via its Cashi app to enhance accessible financing for customers, while reporting 8.1% consolidated revenue growth to exceed 958 billion pesos for 2024.
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