Walmart Mexico to Invest MX$43 Billion in Mexico, Central America

Walmart de México (Walmex) plans to invest approximately MX$43 billion (US$2.37 billion) across Mexico and Central America in 2026, a 10% increase over the previous year. The retailer also proposed a share buyback program of up to MX$10 billion and a cash dividend of MX$1.16 per share, payable in two installments of MX$0.58 each on Nov. 18 and Dec. 9.

The investment breakdown allocates 42% to the remodeling and maintenance of existing stores and 26% to the construction of new stores and clubs. New locations are expected to contribute between 1.5% and 1.7% to total sales growth in 2026. The remaining funds will be directed toward supply chain expansion and modernization through automation (24%) and technology improvements covering data management, digital shopping platforms, and in-store and distribution center automation (8%).

The investment plan comes as Walmart's international segment posted a 10.8% increase in net sales for the third fiscal quarter of 2026, reaching US$33.5 billion. Operating income for the international business rose 16.9% on an adjusted constant-currency basis, reflecting improved e-commerce economics and a more favorable sales mix. International e-commerce sales rose 26% globally.

Walmex continued to serve as a strategic growth driver within Walmart's international portfolio, expanding its geographic footprint and digital capabilities. Initiatives including El Fin Irresistible, Mexico's equivalent of Black Friday, and faster delivery services supported consumer engagement during the quarter.

Walmart's international performance was concentrated across three regional operations. In China, net sales increased 21.8% in constant currency, with digital channels accounting for approximately half of total revenue at Sam's Club. In India, Flipkart reached peak processing speeds of 87 orders per second during its Big Billion Days sales event, which fell within the third quarter and provided a significant boost to regional results.

Technology investment underpins the international growth strategy. More than 40% of Walmart's software applications now incorporate artificial intelligence, supporting inventory optimization and personalization. Automated distribution centers have been deployed across international markets to improve delivery speed.

While the United States remains Walmart's largest revenue source, the international segment is gaining financial relevance due to its faster growth profile. The 10.8% quarterly increase represents one of the strongest expansion rates within the company's global operations in recent years.

On leadership, Walmart appointed John Furner, previously its second-highest-ranking executive, to succeed Doug McMillon as CEO. Both executives began their careers in entry-level store positions.