Wal-Mart De Mex V S/Adr

Good morning, everyone. I'm Salvador Villaseñor, responsible for investor relations at Walmart. And I want to thank you for joining us in our Live Q&A session following our fourth quarter and full year results, which were published yesterday evening. Joining me today is Ignacio Caride, President and CEO of Walmart de Mexico y Centroamerica, Raul Quintana, our Chief Omnichannel Operating Officer, and Pablo Garcia, our CFO. We will make every effort to answer as many questions as we can in the 45 minutes we have scheduled for this call. We kindly ask you to limit yourself to one question as courtesy to others. Now I will pass over to Ignacio for his initial remarks before moving on to the first question. Please, Ignacio.

Thank you, Salvador. Good morning and good afternoon, everyone, depending where you are. As always, I'd like to start by thanking our associates. The dedication to our customers keeps and remains unmatched. And together we successfully navigated a Q4 with intense activity and gaining the trust of our customers and members. So thank you for joining us today. Let's go to our questions.

We will now start the Q&A session. If you have a question, please press the question button in the browser. Please make sure you are not in full screen mode to see the button. The first question is from Mr. Alejandro Fuchs from Itaú BBA. Please go ahead.