Walmex cut sales guidance and Walmex stock sits 26.06 percent below high

Published on 10/12/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Walmex stock costs EUR 2.29 on October 12, 2026. Q2 revenue reached MXN 250.95 billion, while guidance is 3.5-4.5 percent.

Key points in brief

Walmex cut its 2026 constant-currency sales growth guidance to 3.5-4.5 percent on September 16, 2026.
Second-quarter 2026 revenue reached MXN 250.95 billion, up 1.90 percent year over year.
Walmex stock was at EUR 2.29 at Lang & Schwarz on October 12, 2026 at 10:57 a.m. CEST.
The next reported event is Walmex's third-quarter 2026 results on October 27, 2026.

Walmex, MX01WA000038, Illustration mit AI erstellt.

Walmex (ISIN MX01WA000038) had cut its 2026 constant-currency sales growth guidance to 3.5-4.5 percent on September 16, 2026, according to El Fondo. Walmex stock was at EUR 2.29 at Lang & Schwarz on October 12, 2026 at 10:57 a.m. CEST.

Guidance reflects weaker consumption

The revised outlook followed a slower recovery in consumer demand. Walmex also expected its full-year margin for earnings before interest, taxes, depreciation and amortization to finish below the 2025 level, making profitability a central issue alongside sales growth.

For the second quarter of 2026, consolidated revenue rose 1.90 percent year over year to MXN 250.95 billion, while consolidated earnings before interest, taxes, depreciation and amortization increased 0.60 percent to MXN 23.64 billion. The margin fell 10 basis points to 9.40 percent, according to Merca2.0.

Three dated milestones

On July 22, 2026, Walmex reported second-quarter revenue of MXN 250.95 billion through its investor-relations page. On September 16, 2026, the company lowered its full-year sales growth range to 3.5-4.5 percent. The next scheduled milestone is third-quarter results on October 27, 2026, with the date listed by Walmex.

What does the guidance mean for margins?

The second-quarter figures show the pressure clearly: net income declined 0.70 percent year over year to MXN 11.15 billion, and the net margin ended at 4.40 percent. At the same time, first-half 2026 revenue reached MXN 495.97 billion, up 1.80 percent in reported terms and 3.60 percent in constant currency.

Consumer behavior was mixed. The average ticket increased 2.90 percent, but transaction volume fell 1.10 percent against the second quarter of 2025. That combination makes the 3.5-4.5 percent sales target dependent on traffic recovery as well as pricing and store expansion.

Stock remains below its yearly high

On the BMV, Walmex traded at MXN 47.30 on October 9, 2026, against a 52-week high of MXN 63.97 and a low of MXN 44.80. The current BMV price is 26.06 percent below the yearly high. Market capitalization stood at MXN 817.2 billion as of October 9, 2026.

Barclays had cut its target from MXN 66.00 to MXN 63.00, while HSBC assigned a Reduce rating and a MXN 42.00 target, according to Yahoo Finance on September 25, 2026. These targets frame the main tension for the stock: sales growth remains positive, while weaker traffic and lower margins constrain the earnings picture.

Next results arrive October 27

Walmex's investor-relations calendar lists October 27, 2026, for third-quarter results and February 17, 2027, for fourth-quarter results. The company operates retail businesses across Mexico and Central America, and its latest guidance makes the October report the next test of demand and margin execution.

At Lang & Schwarz, Walmex stock was at EUR 2.29 on October 12, 2026 at 10:57 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Walmex stock.