Covering the Mexican Economy, Actinver Research

Actinver

Our product offering is based on award winning forecasts and a deep understanding of artificial intelligence tools. 
We cover the Mexican economy with in-depth sector and state knowledge, as well as the integration with the U.S., providing high added value studies. 
To provide comprehensive coverage, we analyze the main macroeconomic variables, sectors, indexes and market information. 
Through solid statistical and computational tools we generate targeted investment strategies for clients with advanced investment profiles such as pension funds, hedge funds and others.

Covering the Mexican Economy

Actinver Research

Actinver is a mexican leading financial group, that generates well being for individuals and companies through advisory services that provides investment management to maintain and grow their wealth.

Macroeconomics

Wal-Mart de Mexico SAB de CV (WALMEX* MM EQUITY)

<ul>
<li>Revenues of P$274.7bn were 8.3% higher YoY, in line with our estimates and consensus, with SSS in Mexico of 4.3% (vs our 4.0% estimates), driven by ticket growth of 4.5%, as traffic declined for another quarter (0.2%).</li>
<li>In CAM, SSS of 3.1% were again below our estimates and a further deceleration from the 3Q24 figure, with positive ticket and traffic performance of 0.8% and 2.3%, respectively.</li>
<li>Margins were in line with our estimates starting at the gross margin level.</li>
</ul>


Revenues of P$274.7bn were 8.3% higher YoY, in line with our estimates and consensus, with SSS in Mexico of 4.3% (vs our 4.0% estimates), driven by ticket growth of 4.5%, as traffic declined for another quarter (0.2%).
In CAM, SSS of 3.1% were again below our estimates and a further deceleration from the 3Q24 figure, with positive ticket and traffic performance of 0.8% and 2.3%, respectively.
Margins were in line with our estimates starting at the gross margin level.


Actinver Research - Walmex 4Q24: In line with our estimates (Quick View)