Revenue distribution by sectors:

• Retail: approx. 85%
• Food: approx. 10%
• Other services: approx. 5%

TOP 3 markets and their percentage shares:

• Mexico: approx. 70%
• Central America: approx. 20%
• E-Commerce: approx. 10%

Wal-Mart de México, S.A.B. de C.V. (Walmex) generates the majority of its revenue from retail, with the sale of food also accounting for a significant portion. The Mexican market is the main revenue driver, followed by the Central American countries where Walmex also has a strong presence. The E-Commerce sector is growing steadily and is increasingly contributing to the revenues, reflecting the global trend towards digitalization and changing consumer habits.

Production Sites: Mexico, USA, China

Wal-Mart de México, S.A.B. de C.V., also known as Walmex, sources its products from a variety of countries. A large portion of the products are locally produced in Mexico to optimize supply chains and reduce costs. Additionally, the company also imports goods from the USA and China to offer a wide range of international products.

Walmex's strategy of utilizing both local and international suppliers enables the company to maintain competitive prices while ensuring the availability of a variety of products. This is particularly important to meet the diverse customer needs in Mexico.

Revenue growth: 8.5% (estimated for 2024)
Market expansion: Planned opening of 100 new stores by 2026

Wal-Mart de México, S.A.B. de C.V. is pursuing a strategy focused on expanding its physical presence and strengthening its e-commerce platform. The company plans to open approximately 100 new stores by 2026 to further expand its market presence in Mexico and Central America.

In addition, Wal-Mart de México is heavily investing in digitization and improving its online offerings to serve the growing e-commerce market. This includes investments in logistics and supply chain management to increase efficiency and enhance customer satisfaction.

Another focus is on enhancing the customer experience through the use of technology in stores, such as self-checkout counters and mobile payment options. These measures are intended to improve the shopping experience and enhance customer loyalty.

Main Imported Raw Materials/Products:

• Food and agricultural products
• Consumer goods
• Electronics and household appliances
• Textiles and clothing

Countries of Origin:

• USA: Main supplier of consumer goods, electronics, and food.
• China: Leading in the supply of electronics, household appliances, and textiles.
• Brazil: Important supplier of agricultural products and food.
• Canada: Supplier of food and consumer goods.

Wal-Mart de México imports a variety of raw materials and products to meet the demand in its stores. The USA and China are the main trading partners, especially for electronics and consumer goods. Brazil and Canada mainly supply agricultural products and food. These imports are crucial to stock the shelves of supermarkets with a wide range of products and offer customers a large selection.

Market share in Mexico: approx. 60% (2024) Revenue growth: 8% (2024) EBITDA margin: 11.5% (2024)

Wal-Mart de México, S.A.B. de C.V. (WALMEX) has a significant competitive advantage in Mexico, reflected in a market share of around 60%. This demonstrates the strong market presence and the company's ability to dominate a large portion of the retail market.

The 8% revenue growth in 2024 indicates that the company continues to be able to increase its sales figures, despite a saturated market. This could be attributed to an effective pricing strategy, a wide range of products, and strong customer loyalty.

The 11.5% EBITDA margin shows that WALMEX operates efficiently and is able to control its operating costs well, leading to solid profitability. This is another indicator of the company's competitive advantage compared to other retailers in the region.

Institutional investor share: approx. 60% (estimated for 2025 based on historical data)

Insider purchases/sales: No significant changes reported (as of 2025)

The institutional investor share at Wal-Mart de México traditionally stands at around 60%, indicating the trust of large investment funds and institutional investors in the company's stability and growth potential.

Regarding insider purchases and sales, there have been no significant changes or unusual activities reported for 2025. This suggests that management and insiders anticipate a stable development of the company.

Market share of Wal-Mart de México: approx. 60% (2025, estimated)

Main competitors and their market shares:

1. Wal-Mart de México, S.A.B. de C.V. - approx. 60%
2. Soriana - approx. 15%
3. Chedraui - approx. 10%
4. La Comer - approx. 7%
5. Oxxo (FEMSA) - approx. 5%
6. Costco México - approx. 3%

Wal-Mart de México has a significant moat, characterized by its extensive store coverage, strong brand recognition, and efficient supply chain. These factors enable the company to offer competitive prices and serve a broad customer base.

Compared to its competitors, Wal-Mart de México has the advantage of being strongly present in both urban and rural areas. While competitors like Soriana and Chedraui also have a strong market position, they do not have the same geographic coverage and operational efficiency.

Wal-Mart de México's moat is further strengthened by continuous investments in technology and e-commerce, allowing the company to adapt to changing consumer habits better than some of its competitors.

Revenue growth: 8.5% (2024) Profit growth: 10.2% (2024) Market share in Mexico: 60% (2024)

Wal-Mart de México, S.A.B. de C.V. (WALMEX) is showing solid revenue and profit growth, indicating strong operational performance and efficient cost control. The company has further expanded its market leadership in Mexico and holds a significant market share of 60%, highlighting its competitiveness and market dominance.

In addition, WALMEX benefits from increasing consumer demand in the region and successful expansion into the e-commerce sector, leading to a diversification of revenue sources. The strategic focus on digital transformation and logistics optimization supports the company's long-term growth strategy.

Overall, these factors suggest that WALMEX represents a stable and potentially profitable investment, especially for investors interested in a long-term stake in a leading retail company in Latin America.

Dividend yield: 2.5% (estimated for 2025)
Dividend history: Continuous payout over the last 5 years

Wal-Mart de México, S.A.B. de C.V., known as WALMEX, is known for its reliable dividend policy. The company has consistently distributed dividends in recent years, indicating a stable financial foundation and a solid business model.

The dividend yield for 2025 is estimated to be around 2.5%, based on the latest available data and historical payouts. This reliability in dividend payment makes WALMEX an attractive option for investors seeking regular returns.

WALMEX has demonstrated in the past its ability to pay dividends even in economically challenging times, indicating strong operational performance and effective cost management.