Doug McMillon
CEO Doug McMillon on a Changed Walmart in Tough Times
The CEO said Walmart has more tools to retain customers after the slowdown, pointing to e-commerce, the…
Walmart Raises Outlook Thanks to Strength in Grocery, Expects $4.1 Billion Headwind for the Year
The retailer is attracting more higher-income shoppers as inflation persists.
Walmart Grows Revenues and Profits Thanks to Stronger Mix of Groceries
But the mass-channel merchant is expecting headwinds in the back half, including a $2.1 billion loss in…
Walmart Lays Off 200 Employees
The job cuts are perhaps the latest sign of conflicting macroeconomic forces.
Walmart Raises Wages for Pharmacy Employees
Perks include higher starting minimum wages, regular raises and free job training.
Walmart Executives Reaffirm Company Strength During Shareholder and Associate Celebration
But it wasn't enough to tame investor fears. Shares fell nearly 2 percent Friday.
Walmart Earnings Fall Short Thanks to Rising Gas and Food Prices
Company shares fell 11.38 percent Tuesday to $131.35 apiece after the company failed to deliver on…
Walmart CEO Doug McMillon’s $25.7 Million Pay Package
The retail chief saw his compensation rise year-over-year and saw a big boost from stock awards.
Consumer Spending Is Picking Up at Walmart
The mass-merchant retailer logs profits of $3.56 billion, despite inflationary pressures and other…
What to Watch: The Mass Channel
Will big-box retailers, such as Target and Walmart, continue to take share?
Walmart’s Longtime Chief Financial Officer Brett Biggs Set to Depart
The transition period will last through January 2023, as the retailer searches for Biggs' replacement.
Walmart Raises Full-year EPS Estimates Thanks to Strength in Grocery
But headwinds, including continued supply chain issues and inflationary pressures, caused the stock to fall.
Walmart CEO Doug McMillon Talks Consumer Spending and COVID-19-Related Issues
The mass-channel retailer will continue to invest while navigating supply chain headwinds.
Walmart Continues to Grow; Expects E-commerce Revenues to Reach $75 Billion
The retailer raised its full-year outlook as a result.
Athletic Companies Bank On At-home Fitness
Will the exercise-at-home trend continue post-COVID-19?