Date | Price Target | Rating | Analyst |
---|---|---|---|
7/2/2024 | $69.00 → $71.00 | Hold | Stifel |
7/1/2024 | $71.00 → $77.00 | Buy | Deutsche Bank |
6/10/2024 | $66.00 → $81.00 | Neutral → Overweight | JP Morgan |
5/17/2024 | $68.00 → $70.00 | Outperform | Telsey Advisory Group |
2/21/2024 | $185.00 → $205.00 | Outperform | Telsey Advisory Group |
9/22/2023 | $200.00 | Buy | HSBC Securities |
8/18/2023 | $165.00 → $168.00 | Outperform | RBC Capital Mkts |
8/11/2023 | $170.00 → $180.00 | Outperform | Credit Suisse |
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
4 - Walmart Inc. (0000104169) (Issuer)
Dozens of high-power business leaders, including Walmart Inc. (NYSE:WMT) heir Christy Walton, have signed a letter to President Joe Biden asking him to give up his re-election bid, while praising his time in the Oval Office. The letter, which was obtained by Bloomberg and signed by 168 executives and billionaires, credit Biden, 81, with "rescuing our democracy from the deepest threats it has known since the Civil War." But the letter, which came from the Leadership Now Project, also encouraged Biden to step aside by telling him, "to ensure that legacy is cemented, we ask that you pass the torch of leadership to the next generation of Democratic leaders by ending your reelection bid,"
Deep-pocketed investors have adopted a bearish approach towards Walmart (NYSE:WMT), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in WMT usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Walmart. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 36% leaning bullish and 63% bearish. Among these notable options, 6 are puts
Discover Walmart's key insights and observations from the Bank of America London Conference presentation: Walmart Inc. (NYSE:WMT) participated in the Bank of America London Investor Conference on June 25, 2024. John David Rainey, CFO of Walmart, and representatives from Investor Relations, Steph Wissink and Kary Brunner, were present. Walmart has transformed into an omnichannel leader globally over the past 4-5 years. Consumer Behavior and Segment Performance: Consumers are being selective, shifting from general merchandise to food due to stretched wallets. General merchandise is deflationary, consumables roughly flat, and food prices up modestly. Revenue growth driven by units v
The economy and inflation continue to be key topics for Donald Trump and President Joe Biden to address when discussing the 2024 presidential election. Ahead of the Fourth of July holiday, Benzinga polled readers to get a gauge on how inflation is compared to last year. What Happened: The Fourth of July holiday will see millions of Americans celebrate Independence Day with get-togethers with family and friends and in some cases, mark the tradition with fireworks. Benzinga asked readers how the 2024 Fourth of July compares to the previous year. "Ahead of Fourth of July, how do you feel compared to last year?" Benzinga asked. The results were: Richer: 35% Poorer: 35% Ab
Walmart Inc. (NYSE:WMT) has reportedly entered discussions with prospective buyers to offload its recently closed medical clinics. In April, Walmart announced the shutdown of all 51 of its health clinics and terminated its virtual healthcare services, citing the unsustainable nature of the business model. The retail giant is now exploring options to recover some of its investments in the clinics, engaging in conversations with various entities, including health insurance company Humana Inc. (NYSE:HUM), reported Reuters. Walmart has expressed its aim to recoup investments through a sale or other takeover arrangements. Although it’s unclear whether these discussions are still active,
https://fortune.com/2024/07/02/exclusive-walmart-talks-to-sell-shuttered-medical-clinics/
Walmart (NYSE:WMT) has been analyzed by 32 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 11 18 3 0 0 Last 30D 0 0 1 0 0 1M Ago 3 5 0 0 0 2M Ago 8 12 2 0 0 3M Ago 0 1 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $72.19, a high estimate of $81.00, and a low estimate of $64.00. This current average has increased by 8.02% from the
Stifel analyst Mark Astrachan maintains Walmart (NYSE:WMT) with a Hold and raises the price target from $69 to $71.
Broad stock market indexes like the S&P 500 hit all-time highs in the first half of 2024. The Dow Jones Industrial Average also hit all-time highs, but saw a smaller return in the first half of the year. Here's a look at the biggest gainers and laggards in the Dow Jones Industrial Average. What Happened: The Dow Jones Industrial Average was created in 1896 by Charles Dow and is one of the oldest and most followed equity indexes for overall stock market health. The Dow Jones Industrial Average hit all-time highs of more than 40,000 in May 2024. The Dow Jones Industrial Average consists of 30 stocks on a price-weighted basis. The Dow Jones Industrial Average ETF (NYSE:DIA), which tr
A federal judge’s call for a revised settlement from Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA) after tossing out their $30 billion antitrust settlement on June 25 should not have much of an impact on their similar business models, according to an analyst. U.S. District Judge Margo Brodie in Brooklyn wrote on Friday that the banks could handle a “substantially” larger settlement, arguing that the deal would have "disproportionately and inequitably" benefited small, local merchants over larger retailers such as Walmart Inc. (NYSE:WMT), Bloomberg reported. Despite Brodie’s opinion, JPMorgan remained Overweight on both Visa and Mastercard on the belief that “the diversity, c
AI-powered clinical intelligence, seamless journey automation, and a robust network of behavioral health and medical providers position Fabric as the leading virtual care platform and clinical network for providers, payers, and employers NEW YORK, June 28, 2024 /PRNewswire/ -- Fabric, a leading healthcare technology company and care enablement system, today announced the acquisition of MeMD from Walmart Inc (NYSE:WMT). MeMD is a leading provider of virtual behavioral, urgent, and primary care benefits for 30,000 corporate, institutional, and health plan partners and 5 million members. This acquisition advances Fabric's employer strategy and marks a significant milestone in the team's mission
Retailer has saved customers over $1 billion this year It's officially summer and with the changing of the season comes warm weather, barbecues and time spent outdoors with friends and family. At Walmart, customers don't have to worry about spending more to enjoy their favorite summertime gatherings with loved ones. Walmart is proud to offer its Every Day Low Prices all summer long, from the big celebrations like Fourth of July to all the little moments in between. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240627699999/en/Walmart's summer cookout basket has essentials for 8 servings for under $50. Walmart offers Every Day
Hibbett customers can place online orders for same- and next-day delivery, powered by Walmart GoLocal and Salesforce Hibbett, Inc., a leading athletic-inspired fashion retailer, now offers same- and next-day delivery enabled by Walmart GoLocal, Walmart's white-label delivery service for retailers, and Salesforce Commerce Cloud. Hibbett customers can now place same- or next-day delivery for thousands of items including sneakers, apparel and accessories. Same- and next-day deliveries will be fulfilled from hundreds of Hibbett and City Gear stores across the country. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240626801176/en/
The HIV Point-of-Care Screenings are a new service within Walmart's Specialty Pharmacies of the Community that offer care coordination, recommendations and support provided by HIV-trained pharmacists Today, Walmart announced the expansion of its HIV Point-of-Care Screenings to 18 Specialty Pharmacies of the Community (SPOCs) – located within Walmart Pharmacies – in Colorado and Virginia, just ahead of National HIV Testing Day on June 27. These screenings are part of Walmart's continued effort to make healthcare more accessible, affordable and convenient, following the HIV screening pilot at two Walmart pharmacies in Virginia last year. Screenings at all 20 locations are free to patients a
The HIV Point-of-Care Screenings are a new service within Walmart's Specialty Pharmacies of the Community that offer care coordination, recommendations and support provided by HIV-trained pharmacists Today, Walmart announced the expansion of its HIV Point-of-Care Screenings to 18 Specialty Pharmacies of the Community (SPOCs) – located within Walmart Pharmacies – in Colorado and Virginia, just ahead of National HIV Testing Day on June 27. These screenings are part of Walmart's continued effort to make healthcare more accessible, affordable and convenient, following the HIV screening pilot at two Walmart pharmacies in Virginia last year. Screenings at all 20 locations are free to patients a
Inspired by the "BookTok" Community, Walmart Creates a Curated Experience that Includes a Limited-Edition Hot Sauce Set From zesty drinks to fiery red manicures and BookTok's latest list of "spicy books", heat and spice are having a moment right now and Walmart is here for it. The retailer is launching a "Spicy Summer" campaign to ignite excitement and become a go-to destination for summer's hottest books and looks. And, Walmart is rolling out a special, limited-edition "Spicy Books" Hot Sauce Set so customers can create their own Spicy Summer moment at home. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240623588933/en/Heat
Reintroducing No Boundaries: a reimagined young adult brand that celebrates the unlimited potential of self-expression, with 80% of items priced under $15 Today, Walmart announced its latest private brand transformation in reimagining one of its largest and most well-known fashion brands, No Boundaries. The $2B+ brand for young adults will bring customers a modern, relevant and youthful assortment with new fabrication, shapes and styles, all at the same great prices Walmart has always offered and just in time for the back-to-school and back-to-college shopping season. To refresh the legacy young adult fashion brand, Walmart hired an expert design team with years of experience in creatin
Company incorporates drone delivery into app, expands InHome service, and elevates shopping experience with GenAI Assistant for unmatched customer convenience At Walmart, the customer has always been at the center of everything. Helping people live better is not a mantra, it's been part of the company since day one. Today's customers are tech savvy, with elevated expectations around how, when and where they shop. Walmart is meeting this customer demand with adaptive retail, innovations that intuitively fit into customers' lives as they seamlessly move across platforms and places. "Driven by our commitment to help our customers live better, we're constantly working to create shopping e
Pioneers a crowdsourced process to capture and act upon feedback from its Member's Mark Community, which has emerged at scale with 50,000 engaged participants Sam's Club, one the world's leading retailers and digital innovation pioneer, today announced a new, consumer-driven process to retail that dynamically engages with members to shape and contribute to Member's Mark, the private brand offered exclusively at Sam's Club. This Member's Mark Community emerged from stealth at unprecedented scale with 50,000 actively participating consumers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240606817218/en/The Member's Mark Communi
Brian Niccol, Chairman and CEO of Chipotle Mexican Grill, Inc., elected as Director of Walmart Board Walmart Inc. (NYSE:WMT) today announced shareholder voting results for its Annual Shareholders' Meeting, which was conducted virtually. Approximately 91% of all outstanding shares were represented at the meeting. Greg Penner, Chairman, expressed his gratitude to Rob Walton, who retired effective as of today, for his more than 40 years of service on the Walmart Board of Directors. He emphasized the positive impact he's had on associates and customers all around the world. Doug McMillon, President and CEO, highlighted the company's strong performance and position as a people-led, tech-po
Stifel reiterated coverage of Walmart with a rating of Hold and set a new price target of $71.00 from $69.00 previously
Deutsche Bank reiterated coverage of Walmart with a rating of Buy and set a new price target of $77.00 from $71.00 previously
JP Morgan upgraded Walmart from Neutral to Overweight and set a new price target of $81.00 from $66.00 previously
Telsey Advisory Group reiterated coverage of Walmart with a rating of Outperform and set a new price target of $70.00 from $68.00 previously
Telsey Advisory Group reiterated coverage of Walmart with a rating of Outperform and set a new price target of $205.00 from $185.00 previously
HSBC Securities initiated coverage of Walmart with a rating of Buy and set a new price target of $200.00
RBC Capital Mkts reiterated coverage of Walmart with a rating of Outperform and set a new price target of $168.00 from $165.00 previously
Credit Suisse reiterated coverage of Walmart with a rating of Outperform and set a new price target of $180.00 from $170.00 previously
Wells Fargo reiterated coverage of Walmart with a rating of Overweight and set a new price target of $175.00 from $170.00 previously
Piper Sandler upgraded Walmart from Neutral to Overweight and set a new price target of $210.00 from $145.00 previously
AI-powered clinical intelligence, seamless journey automation, and a robust network of behavioral health and medical providers position Fabric as the leading virtual care platform and clinical network for providers, payers, and employers NEW YORK, June 28, 2024 /PRNewswire/ -- Fabric, a leading healthcare technology company and care enablement system, today announced the acquisition of MeMD from Walmart Inc (NYSE:WMT). MeMD is a leading provider of virtual behavioral, urgent, and primary care benefits for 30,000 corporate, institutional, and health plan partners and 5 million members. This acquisition advances Fabric's employer strategy and marks a significant milestone in the team's mission
eCommerce up 21% globally, led by store-fulfilled pickup & delivery and marketplace GAAP EPS of $0.63; Adjusted EPS of $0.60 Company issues guidance for Q2; updates outlook for FY25 Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240515384336/en/ First Quarter Highlights: Consolidated revenue of $161.5 billion, up 6.0%, or 5.8% (in constant currency), including a benefit of ~1% from an additional selling day Consolidated gross margin rate up 42bps due to improvements across segments, led by Walmart U.S. Consolidated operating income up $0.6 billion, or 9.6%; adjusted operating income up 13.
Walmart Inc. (NYSE:WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Thursday, May 16, 2024, to discuss the company's first quarter earnings results for fiscal year 2025. Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions. The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the First Quarter Earnings Release event. The webcast will be archived and available on the company website. The company will release its first quarter earnings results and
Rob Walton, Legendary Leader and Longest-Serving Board Member, Announces Retirement Walmart Board has Nominated Brian Niccol, Chairman and CEO of Chipotle Mexican Grill, Inc., for election at the 2024 Annual Shareholders' Meeting Walmart Inc. (NYSE:WMT) issued its 2024 Annual Report and filed its Proxy Statement today in preparation for the company's Annual Shareholders' Meeting on Wednesday, June 5, 2024. 2024 Walmart Proxy Statement Highlights Rob Walton announcing he will retire from the Board at the conclusion of his current term on June 5, 2024. Mr. Walton joined Walmart in 1969 and before that worked alongside his father, Sam, in his 5&10 store. He served more than 40 years o
The Board of Directors of Walmart Inc. (NYSE:WMT) approved an annual cash dividend for fiscal year 2025 of $0.83 per share on a post-stock split basis, or $2.49 per share on a pre-split basis. This represents an approximately 9 percent increase from the $2.28 per share paid for the last fiscal year. The fiscal year 2025 annual dividend of $0.83 per share will be paid in four quarterly installments of $0.2075 per share, according to the following record and payable dates: Record Dates Payable Dates Mar. 15, 2024 Apr. 1, 2024 May 10, 2024 May 28, 2024 Aug. 16, 2024 Sep. 3, 2024 Dec. 13, 2024 Jan. 6, 2025 "Dividends conti
eCommerce up 23% globally, surpassing $100 billion for the year GAAP EPS of $2.03; Adjusted EPS of $1.80 Company provides outlook for Q1 and FY25 Company raises annual dividend 9% Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240219441762/en/ Fourth-quarter highlights: Consolidated revenue of $173.4 billion, up 5.7%, or 4.9% (cc) Consolidated gross margin rate up 39bps due to improvement at Walmart U.S. Consolidated operating income up $1.7 billion, or 30.4%; adjusted operating income up 13.2%, positively affected by currency and LIFO of 2.3% and 1.0%, respectively Global eCommerce s
Walmart Inc. (NYSE:WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Tuesday, Feb. 20, 2024, to discuss the company's fourth quarter and full-year earnings results for fiscal year 2024. Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions. The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the Fourth Quarter Earnings Release event. The webcast will be archived and available on the company website. The company will release its fourth quarter and
Split aimed at helping associates take advantage of long-standing stock purchase benefits Walmart Inc. (NYSE:WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1. The stock split is part of Walmart's ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach. More than 400,000 associates participate in Walmart's Associate Stock Purchase Plan today, which allows eligible associates to buy stock conveniently through payroll deductions and provides a 15% company match on the first $1,800 each year. "Sam Walton believed it was important to keep our share price
Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231115656675/en/ Third-quarter highlights: Consolidated revenue of $160.8 billion, up 5.2%, or 4.3% in constant currency ("cc") Consolidated gross margin rate up 32bps positively affected by a slight improvement for Walmart U.S. and timing of Flipkart's The Big Billion Days ("BBD") event, which flipped from Q3 last year to Q4 this year Consolidated operating expenses as a percentage of net sales down 182bps, lapping a discrete charge from last year. On an adjusted basis, up 37bps on variable pay expenses and store remodels Consolidated operating
Walmart Inc. (NYSE:WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Thursday, Nov. 16, 2023, to discuss the company's third quarter earnings results for fiscal year 2024. Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions. The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the Third Quarter Earnings Release event. The webcast will be archived and available on the company website. The company will release its third quarter earnings results an
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Brian Niccol, Chairman and CEO of Chipotle Mexican Grill, Inc., elected as Director of Walmart Board Walmart Inc. (NYSE:WMT) today announced shareholder voting results for its Annual Shareholders' Meeting, which was conducted virtually. Approximately 91% of all outstanding shares were represented at the meeting. Greg Penner, Chairman, expressed his gratitude to Rob Walton, who retired effective as of today, for his more than 40 years of service on the Walmart Board of Directors. He emphasized the positive impact he's had on associates and customers all around the world. Doug McMillon, President and CEO, highlighted the company's strong performance and position as a people-led, tech-po
New 490,000+ square foot facility will leverage automated technology, add efficiency to Walmart's supply chain Today, Walmart hosted the grand opening of its newest high-tech consolidation center in Minooka, Illinois. The new 492,000 square-foot facility, located at 201 S. McLinden Road will bring nearly 700 additional jobs to the area. Once implemented, the facility's automated technology can enable three times more volume to flow throughout the center and help Walmart deliver the right product to the right store, so customers can find the products they need. This building will be the third of its kind in Walmart's supply chain. The first, located in Colton, Calif., opened in 2019. This
NEW YORK, Feb. 20, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Transportation Average (DJTA) effective prior to the open of trading on Monday, February 26: Amazon.com Inc. (NASD:AMZN) will replace Walgreens Boots Alliance Inc. (NASD:WBA) in the Dow Jones Industrial Average. Reflecting the evolving nature of the American economy, this change will increase consumer retail exposure as well as other business areas in the DJIA. The index change was prompted by DJIA constituent Walmart Inc.'s (NYSE:WMT) decision to split its stock 3:1, which will reduce Walmart's index weight due to the price weighted construc
Chair Mary J. Guilfoile, Who Has Served With Distinction, to Step Down Following the 2024 Annual Meeting William S. Simon and Jill Sutton, Who Collectively Possess Experience in Capital Allocation, Corporate Governance and Transformations, Have Been Added to the Board Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the "Board") following the 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Board will elect a new Chair following Ms. Guilfoile's retirement. Add
Announces Expansion of Slate to Eight Highly Qualified Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry and Governance Experience Informs Shareholders That Browning West Has Requested the Special Meeting Be Held Without Delay Urges Gildan's Board to Respect the Will of Shareholders and Not Employ Tactics to Unreasonably Delay Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares.
Special Meeting Would Empower Shareholders to Improve Gildan's Board by Voting to Replace Five Incumbent Directors Replacement Slate Includes Five High Quality Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry Experience Urges Gildan's Board to Refrain From Taking Actions to Entrench Itself or Delay the Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares. Today, Browning West i
Walmart Inc. (NYSE:WMT) today announced shareholder voting results for its Annual Shareholders' Meeting, which was conducted virtually. Approximately 90.8 percent of all outstanding shares were represented at the meeting. In his introductory remarks, Walmart Inc. President and CEO Doug McMillon spoke about Walmart's performance over the last year, noting, "We have a strong team of associates, very capable leaders and a compelling set of assets and capabilities that enable us to continue delivering for customers and members, whenever and however they want to be served in that moment." McMillon also highlighted recent investments the company has made in its associates, saying, "We work to
Walmart Inc. (NYSE:WMT) today announced shareholder voting results for its Annual Shareholders' Meeting, which was conducted virtually. Approximately 88.9% of all outstanding shares were represented at the meeting. During the business meeting, Walmart President and CEO Doug McMillon provided a business update, sharing, "During the last fiscal year, we grew sales by 9%, grew operating profit by 18%, excluding divestitures, and generated $24 billion in operating cash flow. These results enabled us to return $16 billion to shareholders in dividends and share repurchases and invest $13 billion in capital to grow our business." McMillon also spoke on how the company is continuing to provide co
Marketing Veteran and Digital Innovator Joins Executive Team to Drive Customer Acquisition and Retention MoneyLion Inc. ("MoneyLion") (NYSE:ML), a leading digital financial services and lifestyle content platform, announced today that Cynthia Kleinbaum has been appointed Chief Customer Officer. Cynthia will oversee key aspects of MoneyLion's marketing efforts including customer acquisition, cross-selling initiatives and customer retention while working closely with Jeff Frommer, Chief Content Officer of MoneyLion. Kleinbaum is an award-winning marketing executive with over 20 years of experience in reimagining how companies engage customers to accelerate growth. Prior to joining MoneyLion
Walmart Inc. (NYSE:WMT) today announced shareholder voting results for its Annual Shareholders' Meeting, which was conducted virtually. Approximately 90.3 percent of all outstanding shares were represented at the meeting. During the business meeting, Walmart President and CEO Doug McMillon provided a business update, sharing, "During the last fiscal year, we generated record sales of $560 billion in constant currency. That's an increase of more than $40 billion in one year. We have the people and the assets to succeed in the next generation of retail and we are building for that future. The best way to create a valuable company is to build for the long term, manage the short term, and serv