Walmart's Mexico unit posts slight profit bump in Q4 - News Summed Up

Walmart's Mexico unit posts slight profit bump in Q4


Source: supermarketnews.comMexican retailer Walmex posts slight profit bump in fourth quarterNet profits for Walmart's Mexico unit during the fourth quarter edged up about 1.2% year-on-year, as the company's costs and the aftermath of Hurricane Otis hit its bottom line. The company also confirmed its guidance for annual 2024 adjusted EBITDA of between 725mln euros and 775mln euros - which would mark a tripling from 2023. Source: spar-international.comBelgium: Franchised Delhaize stores show encouraging results says Ahold DelhaizeDelhaize supermarkets that have since been transferred to independent owners are seeing comparable sales accelerate and market share stabilise, says Ahold Delhaize chief executive Frans Muller. The CEO commented positively on the evolutions at Delhaize following the publication of parent company Ahold Delhaize’s annual results. Source: spar-international.comDutch watchdog opens investigation into online retailer BolDutch competition watchdog ACM has opened an investigation into Dutch online retailer Bol.com, owned by supermarket group Ahold Delhaize, it said.


Source: The Guardian February 15, 2024 13:08 UTC



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