Wal-Mart de Mexico SAB de CV · BMV:WALMEX
Wal-Mart de Mexico SAB de CV — UBS presentation (November 2015)
17 slides from Wal-Mart de Mexico SAB de CV's conference presentation, November 2015
Slide 1: November 2015
November 2015 This presentation may contain certain references concerning Wal-Mart de México S.A.B. de C.V.’s future performance that should be considered as good faith estimates made by the Company. These references only reflect management expectations and are based upon currently available data. A
Slide 2: Opportunity
Opportunity: • Double total sales in the next 10 years • Consistently grow earnings faster than sales by leveraging expenses • Adapt the way we work to be more efficient
Slide 3: Opportunity: Double Total Sales in the next 10 Years
Opportunity: Double Total Sales in the next 10 Years Mx$ Billion ~ CAGR +7 % ~ 752 376 2014 Same Store New eCommerce 2024 Sales Stores
Slide 4: Same Store Sales: Solid Across the Business
Same Store Sales: Solid Across the Business Jan – Oct 2015 Growth (%) 6.1 5.0 * Mexico Central America * On a constant currency basis.
Slide 5: Mexico Self-Service: Same Store Sales Growth
Mexico Self-Service: Same Store Sales Growth 2015 SSS Growth (%) 7.1 5.9 4.4 1Q 2Q 3Q
Slide 6: Mexico Self-Service: Outperforming the Industry
Mexico Self-Service: Outperforming the Industry January – October SSS Growth (%) Walmex Self-service ANTAD Self-service excluding Walmex 6.3 4.4 2.1 -0.9 2014 2015 2014 2015
Slide 7: Sam's Club: Same Store Sales Growth
Sam’s Club: Same Store Sales Growth SSS Growth (%) 6.8 4.6 4.6 1.0 -3.6 -4.8 -4.6 -11.6 1Q 2Q 3Q 2014 2015 2 year stack
Slide 8: Central America: Same Store Sales Growth
Central America: Same Store Sales Growth SSS Growth (%) * 7.7 8.4 7.5 6.2 4.8 3.2 3.6 -0.2 1Q 2Q 3Q 2014 2015 2 year stack * On a constant currency basis.
Slide 9: Central America: Guatemala Underperforming
Central America: Guatemala Underperforming SSS Growth (%) * 9.7 7.7 5.4 4.8 3.2 3.6 1Q 2Q 3Q Central America Excluding Guatemala * On a constant currency basis.
Slide 10: eCommerce: Leveraging Capabilities and Strengths
eCommerce: Leveraging Capabilities and Strengths Omni channel Integration Stores: Sales contribution eCommerce: Strategy Apparel Grocery Winning in Grocery Home Shopping General Merchandise Grocery General Merchandise Apparel Strong Player in General Merchandise
Slide 11: Sales from New Stores
Sales from New Stores Build a stronger Multi-format Smaller & more pipeline growth efficient prototypes Contribution to Sales Contribution to Sales Average sales floor per Growth (Jan-Oct 2015) from new stores during store added during the last 5 years the last 5 years 2.8 Size reduction Large 2.0 B
Slide 12: Walmex: Total Sales January – October Growth
Walmex: Total Sales January – October Growth (%) +2.8% +10.8% +5.7% +2.1% +0.2% +8.0% 2014 Same Store New Store eCommerce 2015 Currency 2015 Sales Sales Constant Effect Currency Walmex Mexico eCommerce Central America Currency effect
Slide 13: Cash Generation & Uses of Cash
Cash Generation & Uses of Cash Cash from operations Mx$15.5 billion as of September 30, 2015 1. Growth Stores eCommerce Technology 2. Dividends 3. Share repurchase
Slide 14: Cash Generation & Uses of Cash (Mx$ Billion)
Cash Generation & Uses of Cash (Mx$ Billion) Net Cash Generation 32.5 30.5 38.7 2012 2013 2014 Capex 14.0 12.4 12.4 2013 2014 2015e Dividends Share repurchase 32.2 Divestitures 24.3 3.3 4.0 28.9 1.7 16.3 17.3 2013 2014 2015 2013 2014 Jan-Oct 2015
Slide 15: Uses of Cash: Dividend
Uses of Cash: Dividend Dividend per Share Divestitures 1.84 0.19 1.38 0.40 0.92 1.65 0.98 2013 2014 2015 Dividend Yield 2.2 % 4.5 % 5.5 %
Slide 16: In Summary: Opportunity
In Summary: Opportunity Next 10 Years • Double total sales in the next 10 years • Consistently grow earnings faster than sales by leveraging expenses Value for ALL our shareholders
Slide 17: November 2015
Walmart 2 >< México y Centroamerica November 2015
Wal-Mart de México, S.A.B. de C.V. — UBS presentation (November 2015) on 6ix