Walmex stock faces cautious 2026 guidance after Q2 figures

Published on 10/06/2026 at 18:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Walmex stock was trading at MXN 46.66 on October 6, 2026, while 2026 sales guidance stands at 3.5 percent to 4.5 percent. Q2 revenue rose 1.9 percent.

Walmex, MX01WA000038, Illustration mit AI erstellt.

Walmex stock was trading at MXN 46.66 on BMV on October 6, 2026, up 0.47 percent from the previous close. The Mexican retailer is carrying 2026 sales guidance of 3.5 percent to 4.5 percent in constant currency after a second quarter marked by slower consumption and weaker profitability.

Guidance reflects cautious demand

According to Merca2.0 on September 16, 2026, Walmex lowered its 2026 constant-currency sales outlook to 3.5 percent to 4.5 percent and expects its EBITDA margin to finish below the 2025 level. The revision followed a slower recovery in consumer demand and a more cautious shopping pattern.

The operating detail explains the tension. Average ticket size increased 2.9 percent in the second quarter of 2026, while transaction volume declined 1.1 percent year over year, according to Merca2.0.

Revenue grows as profit softens

Walmex reported second-quarter 2026 revenue of MXN 250.95 billion, an increase of 1.9 percent from the prior year and 3.2 percent in constant currency. EBITDA reached MXN 23.64 billion, up 0.6 percent, while its margin declined 10 basis points to 9.4 percent.

Net income moved in the opposite direction, falling 0.7 percent to MXN 11.15 billion in the same quarter. First-half revenue reached MXN 495.97 billion, up 1.8 percent on a reported basis and 3.6 percent in constant currency, as reported by Merca2.0.

Stock remains below yearly high

At MXN 46.66, Walmex stock stood MXN 17.31 below its 52-week high of MXN 63.97 and MXN 1.86 above its 52-week low of MXN 44.80 on October 6, 2026. The company had a market capitalization of MXN 806.2 billion and volume of 2,283,375 shares at the same timestamp.

The share price therefore sits much nearer the yearly low than the yearly high, while the latest operating figures point to a mixed setup: sales are still expanding, but transaction volume and margins remain the key measures for the guidance period.