Walmart"s Mexico unit blames government cash aid, as revenue rise slowest in three quarters

Walmart de Mexico, the country's biggest retailer, said on Monday that sales at stores in Mexico open for more than a year rose 2.7% in January, compared with the same month last year......»»

General Electric Co expects industrial revenue to rise by low to mid-single-digit percent this year, as gains at renewable energy, aviation and healthcare offset a decline in the power unit, Chief Executive Officer Larry Culp said on Thursday......»»

MEXICO CITY, April 28, 2021 /PRNewswire/ -- Grupo Elektra, S.A.B. de C.V. (BMV:ELEKTRA, Latibex: XEKT)), Latin America's leading specialty retailer and financial services company, and the largest non-bank provider of cash advance services in the Unite.....»»

SeaWorld Entertainment Inc. reported Thursday a fifth straight quarterly loss, but beat bottom-line expectations for the first time in six quarters, as revenue, attendance and guest sp.....»»

Walmart de Mexico, known locally as Walmex , has hired 7,741 employees to manage higher volume and demand at its stores, the retailer said in a statement on Wednesday.....»»

Walmart de Mexico said on Tuesday that its chief financial officer Olga Gonzalez has resigned for personal reasons and will leave her post by April 30......»»

Grocers including Walmart de Mexico have begun bowing to pressure to pull from stores tens of thousands of elderly workers who pack bags at checkouts as concerns grow about their vulnerability to coronavirus amid panic buying nationwide......»»

Square reported bitcoin revenues of $178 million between Nov. 1 and Dec. 31, 2019, with profits of $3 million, up 50 percent over the prior two quarters......»»

Walmart de Mexico, Mexico's largest retailer, on Thursday reported fourth quarter net profit of 11.2 billion pesos ($594.7 million), a 4.5% drop over the same period last year......»»

Microsoft Corp on Wednesday reported quarterly sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon.com Inc’s cloud unit......»»

International Business Machines on Tuesday reported a surprise rise in revenue, its first in six quarters, benefiting from its high-margin cloud computing business......»»

International Business Machines on Tuesday reported a surprise rise in revenue, its first in six quarters, benefiting from its high-margin cloud computing business......»»

International Business Machines Corp on Tuesday reported a surprise rise in revenue, its first in six quarters, benefiting from its high-margin cloud computing business......»»

Convenience stores across the United States saw a rise in revenue and the number of outlets over the last decade, CNN reported on Sunday, citing data from the National Association of Convenience Stores. What Happened Accord.....»»

Government spending is big business in New Mexico......»»

Third Quarter Summary(In thousands of CAD dollars, except per unit amounts and as otherwise noted) Operating income of $30,049 Property revenue of $97,346 Same-asset property cash NOI growth of 3.3% Debt to gross book value -.....»»

Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported a slight rise in third-quarter operating profit......»»

Huawei Technologies Co Ltd, the Chinese technology giant blacklisted by the U.S. government, said revenue grew 24.4% in the first three quarters of 2019 to 610.8 billion yuan ($86 billion)......»»

Southwest Airlines Co. disclosed Wednesday that it expects third-quarter operating revenue per available seat mile (RASM) to rise 3% to 5% from a year ago, citing continued "solid demand and strong passenger yield trends." That .....»»

Mexico's national oil company Pemex will need more than the $5 billion cash capital contribution from the government announced on Wednesday to turn around its fate, investors said, although there was interest in the plan's lengthening of debt maturities......»»