Doug McMillon

This week, more than 1,100 businesses from across the country pitched their products made, grown or assembled in the U.S. to Walmart and Sam’s Club merchants at Walmart’s ninth annual Open Call. Preliminary results indicate that more than 330 of…

Walmart released its Q1 for FY2023 earnings on Tuesday. The total revenue for Walmart’s Q1 FY23 was $141.6 billion, up 2.4 billion, or 2.6 billion in constant currency. The company reported that growth was negatively affected by $5.0 billion due…

Former PayPal executive John Rainey has been named Walmart’s next Executive Vice President and Chief Financial Officer, the company announced on Tuesday. Rainey will assume the responsibilities of CFO at Walmart effective June 6, 2022. “John has a proven track…

Walmart released its Q4 and FY22 earnings on Thursday. The total revenue for Walmart’s Q4 FY22 was $152.9 billion, up 0.5%. Comp sales grew 5.6% in Q4 with market share gains in grocery. eCommerce sales grew 1% in the U.S., 70% on…

Walmart reported second-quarter revenue of $141 billion this week. That’s up 2.4 percent over last year’s 2Q, pandemic-impacted $137.7 billion. Net income of $4.28 billion, or $1.52 per share, was reported for the quarter, down from $6.48 billion, ($2.27 per…

Walmart saw an uptick in its total revenue in the first quarter of 2021 compared to the same period last year. In the first quarter, Walmart pulled in $138.3 billion in 2021. This was an increase of $3.7 billion or…

Walmart will be holding a live conference call to highlight its first quarter earnings in May. CEO Doug McMillon, along with executive vice president and chief financial officer Brett Biggs, will host a call on Tuesday, May 18 at 7…

Walmart’s board of directors has named a new member to the board. Former AT&T chairman and CEO Randall Stephenson has taken a Walmart board position, effective March 3. Stephenson is the 12th member of the board. The other directors include Cesar…

Walmart president and CEO Doug McMillon will be speaking during the 2020 Morgan Stanley Virtual Global Consumer & Retail Conference. This virtual discussion will be held Wednesday, Dec. 2 at 11 a.m. The webcast can be viewed at www.stock.walmart.com under…

Despite an ongoing pandemic that has roiled industries across the globe, Walmart is continuing to post strong revenue numbers. The mega-retailer announced that it had $134.7 billion in total revenue in the third quarter of fiscal year 2021, an increase…