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MEXICO CITY, April 23 (Reuters) – Mexico’s top retailer
Wal-Mart de Mexico on Monday reported a 4.7 percent
ju mp i n first-quarter profit.
The company said profit rose to 4.712 billion pesos ($ 368
million) from 4 .502 b illion pesos a year earlier.
Walmex, in which Wal-Mart Stores has a majority
stake, saw its stock price slip more than 1 2 percent on Monday
after the New York Times reported allegations of bribery at the
Mexican unit.
