Whatco

Walmex

Discount and grocery retail · Mexico

Walmex is Walmart's listed Mexican subsidiary and the country's largest retailer, running Bodega Aurrera discount stores, Walmart supercenters and Sam's Club warehouses across Mexico and Central America on an everyday-low-price model.

What makes it different

Nine in ten products it sells are made in Mexico.

90.2%Merchandise made in MexicoFY2025

Buying locally gives Walmex short supply chains and close supplier ties that help keep shelf prices low.

How big it is

How big is Walmex?

4,265Stores and clubs2025
240,779Associates2025
How it makes money FY2025

Half from discount bodegas.

  • Bodega Aurrera and discount stores48%48%
  • Walmart hypermarkets25%25%
  • Sam's Club22%22%
  • Supermarkets5%5%
How the business works

Discount stores everywhere, prices kept lowest.

  1. 1Bodega Aurrera discount stores
  2. 2Everyday low prices
  3. 3Mobile, ads, payments

Side businesses such as the Bait mobile network and Walmart Connect ads earn higher margins that Walmex reinvests in lower prices.

Who owns it
  • Walmart Inc. (through Intersalt, S. de R.L. de C.V.)71.2%
  • Personnel stock option plan fund1.1%

CEO: Cristian Barrientos Pozo

Who it competes with
FEMSASSorianaCChedrauiCostcoMercado LibreAmazon
Key moments
  1. 1958First Aurrera store opens in Mexico City
  2. 1970Bodega Aurrera opens
  3. 1977Shares listed on the Mexican Stock Exchange
  4. 1991Joint venture with Wal-Mart; first Sam's Club
  5. 1997Walmart takes control through a tender offer
Sources

Every number on this page comes from Walmex's own reports.

Full profile

The rest of the story is in the app.

What Walmex tracks18 metrics
Stores and clubs
eCommerce share of GMV, Mexico
Private Brands penetration, Mexico
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from2 regions
Mexico
Central America
The full timeline18 moments
2023
2024
2026
Walmex vs FEMSAside by side
Revenue
Profit
People
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