Wal-Mart de Mexico Third-Quarter Profit Falls 6.1%
Walmex reported net profit of 11.03 billion Mexican pesos as expenses grew faster than revenue from a year earlier.
By Anthony HarrupMEXICO CITY--Retailer Wal-Mart de Mexico posted a 6.1% drop in third-quarter net profit as growth in expenses outpaced an increase in revenue from the year-earlier period.Walmex, as the unit of Arkansas-based Walmart is known, reported a profit of 11.03 billion Mexican pesos ($590…