Wal-Mart De Mexico S.A.B. de C.V. ADR (WMMVY) Q4 2025 Earnings Call February 19, 2026 8:00 AM EST
Company Participants
Salvador Villasenor Barragan – Investor Relations Director
Paulo Garcia – CFO and Senior VP of Administration & Finance
Cristian Barrientos – Interim President, CEO & Director
Paul Lewellen
Conference Call Participants
Benjamin Theurer – Barclays Bank PLC, Research Division
Fernando Froylan Mendez Solther – JPMorgan Chase & Co, Research Division
Ulises Argote Bolio – Santander Investment Securities Inc., Research Division
Felipe Rached – Goldman Sachs Group, Inc., Research Division
Alvaro Garcia – Banco BTG Pactual S.A., Research Division
Antonio Hernandez – Actinver Casa de Bolsa, S.A. de C.V., Research Division
Melissa Byun – BofA Securities, Research Division
Miguel Ulloa Suárez – BBVA Research SA
Alejandro Fuchs – Banco Itau BBA SA, Research Division
Presentation
Salvador Villasenor Barragan
Investor Relations Director
Good morning, everyone. I’m Salvador Villasenor, Head of Investor Relations at Walmex, and I want to thank you once again for joining our live Q&A session following our fourth quarter and full year 2025 earnings release, which was published yesterday. As always, we will make an effort to answer as many questions as we can in the 45 minutes we have scheduled for this call. [Operator Instructions] Joining me today is Cristian Barrientos Pozo, President and CEO; Paul Lewellen, our Chief Omnichannel Operating Officer; and Paulo Garcia, our Chief Financial Officer. We’ll now go right straight away to the first question.
Question-and-Answer Session
Operator
[Operator Instructions] The first question is from Mr. Ben Theurer from Barclays.
Benjamin Theurer
Barclays Bank PLC, Research Division
Can you guys hear me, see me?
Salvador Villasenor Barragan
Investor Relations Director
Yes.
Benjamin Theurer
Barclays Bank PLC, Research Division
So I wanted to get a little bit your sense as you look at the market in Mexico. And in the presentation yesterday, it was very clear