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Walmart de México will increase its sales by 7% in April

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Walmart de México, the retailer of the Walmart, Bodega Aurrera, Superama and Sam’s brands, will have a growth of 7 percent to comparable stores – those with more than one year in operation – and 8.1 percent for total stores, according to Analyst estimates from El Financiero.

The retail chain of brands such as Bodega Aurrerá, Superama and Sam’s will publish their sales report for the month of April next Tuesday.

The indicator of April will present ‘calendar effect’ for Easter and a Sunday less, with respect to the same month of the previous year.

“Even with the positive effect of Holy Week there is a negative one for a day less than Sunday, that neutralizes,” said Marisol Huerta, an analyst at Ve Por Más.

The negative effect of a Sunday less comes to represent up to one percent less growth, said Carlos Hermosillo, an analyst at Actinver.

The analysts who follow up the station contemplate six banks and brokerage firms such as Banorte, Monex, Vector, among others, point out that the Walmart indicator will benefit from a 5.2 percent increase in the average ticket, and an expansion of 1.8 percent in traffic.

Meanwhile, for Central American operations, which include Honduras, Guatemala, Nicaragua, El Salvador and Costa Rica, analysts projected an increase of 0.9 percent to comparable stores and 2.9 percent to total stores.

“In Central America we hope to improve the indicators, because it has been badly hit, the company has indicated that the region is more sensitive to the Easter event,” concluded Marcela Muñoz, Vector analyst.

In this way, in Mexico and Central America experts foresee for the retailer a growth of 7.5 percent in April sales compared to the same month of the previous year.

Source: El Financiero.

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