Wal-Mex reports 18% lower 4th Q profit

Reuters – Mexico’s No. 1 retailer, Wal-Mart de Mexico, reported an 18 percent lower fourth-quarter profit as sales costs rose despite a pickup in sales. The company reported a profit of 8.472 billion pesos ($492.215 million).

http://www.reuters.com/article/mexico-walmex-idUSL2N15V1VV

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