Our ambition is to
become a Regenerative
Company

6
million
customers shop daily in our stores in Mexico and Central America

MESSAGE FROM THE CHAIR OF THE BOARD OF DIRECTORS AND FROM THE PRESIDENT AND CHIEF EXECUTIVE OFFICER

2023 was a good year, and we were able to reach our goals. Our customers faced a difficult economic environment with high inflation, and they were forced to adjust their spending habits.

Throughout the year, we stood by their side, by offering low prices and helping them live better, while honoring the trust they continually place in us.

GUILHERME LOUREIRO
President and Chief Executive Officer Walmart de México y Centroamérica

KATHRYN MCLAY
Chairman of the Board of Directors Walmart de México y Centroamérica
President and CEO, Walmart International

RELEVANT FIGURES

WIN IN DISCOUNT

120 bps

Self-service price perception increase in Mexico

14%

Private Brands penetration in Mexico

19 %

Private Brands penetration in Central America

20bps

increase in Private Brands penetration in Central America

LEAD OMNICHANNEL

21.7%

GMV growth Mexico

1,207

On Demand stores in Mexico

2.7x^*

Extended assortment SKUs growth

40%

GMV growth Marketplace in Mexico

^*x=times
^**Source: Bloomberg

ECOSYSTEM OF CHOICE

11.8
million

Bait active users

~3.0 v^*

TPV (Total Processed Volume) growth in Cashi

+1
million

health memberships sold

34%

Walmart Connect sales growth

ENABLERS

6
million

customers shop daily in our stores
5 million in Mexico,
1 million in Central America

170
million

pesos saved annually by reinforcing our technological infrastructure

Distribution centers
21 in Mexico,
11 in Central America

237,605

Associates in the region 200,464 in Mexico, 37,141 in Central America

FINANCIAL

886.5
billion

pesos consolidated revenue

20.6%

Return On Invested Capital (ROIC)

10.6 %

consolidated EBITDA margin

28.8
billion

pesos invested in strategic projects

OPPORTUNITY

50,452

suppliers1¹
33,790 in Mexico
16,662 in Central America

91.87%

of the merchandise sold in Mexico is purchased within the country, 84.31% in Central America

33,438

associates promoted,
59.42% were women1¹

7,988

jobs
created¹

¹ México and Central America

COMMUNITY

3.233
billion

pesos channeled to social impact programs¹

2.323
billion

beneficiaries¹

47,229

tons of food donated¹

105

foodbanks supported¹

SUSTAINABILITY

78.5%

progress in our Zero Waste goal¹

9,379

tons of virgin plastic eliminated in Mexico since 2020

64.4%

of food waste reduction surpassing our goal

45.3%

of total electricity consumption comes from renewable energy1¹

ETHICS AND INTEGRITY

1,170

stores and clubs in Mexico with Zero accidents, 583 in Central America

2nd

We ranked 2nd in AMITAI’s “Las empresas Más Éticas de México”(“The Most Ethical Companies in Mexico”)

40%

of the Members of the Board are women

40%

of the Members of the Board are independent

OUR STRATEGY

Strategic priorities and enablers that accelerate growth

STRATEGIC PRIORITIES

ENABLERS

Win in Discount

Lead Omnichannel

Ecosystem Of Choice

HABILITADORES

Customer Centricity

Supply Chain

Technology

Best Talent

Regeneration and Trust

Every Day Low Prices

WALMART ECOSYSTEM

Over the past few years, our company has undergone a significant change, evolving from a pure brick and mortar store company to an omnichannel company. This change has been an exciting and challenging journey, but with one clear objective: to serve the needs of our customers in one spot and at a price they can afford.

Our core business, the stores, is strong and is fueling the ecosystem, while the new businesses we create drive customer loyalty and reinforce the core business so that it grows, strengthens and remains resilient.

REGENERATIVE COMPANY

In 2023, we made further progress in our ambition to become a Regenerative Company by 2040, placing the planet and society at the center of our decisions. Our efforts focus on four strategic priorities: Opportunity, Community, Sustainability, Ethics, and Integrity.

Make Regeneration part of our way of working, placing people and the planet at the center to fulfill our purpose of helping people save money and live better.

Explore more about our 2023 Report
or download the PDF of each chapter

Diseño: generadorestudio.com