TSCDY vs. WMMVY: Which Stock Is the Better Value Option?
TSCDY vs. WMMVY: Which Stock Is the Better Value Option?
Mexican retailer Walmex is set to invest around 34.5 billion pesos ($2.05 billion) in 2024, up 19% from previous year, according to a filing published on Tuesday. Some 45% of the investment will be used for remodeling and maintenance work of its existing stores, with another 29% set for new openings and expansions. The company's supply chain will benefit from 15% of the investment, while the remaining 11% will be destined to boost e-commerce and the implementation of new technologies.