Doug McMillon

Walmart Surprises with Profit Beat, Comp Store Increase

Walmart store

Bentonville, AR—Walmart surprised many today with an earnings report that beat analysts’ forecasts as comp store sales rose for … [Read more...]

Will Walmart’s Pay Increase Set a Precedent for Other Retailers?


Bentonville, AR—In what some analysts see as a precedent challenging other retailers, Walmart today announced that it will raise … [Read more...]

With Holiday Looming, Walmart Cuts its Full Year Sales Outlook


Bentonville, AR—Walmart cut its full year revenue outlook on Wednesday as it announced a plan to beef up expansion plans for its … [Read more...]

Walmart Cuts Full Year Forecast as Costs Hit Profit

Walmart checkout

Bentonville, AR—Walmart reported total a slight rise in its second quarter profit but the retail giant still cut its full-year … [Read more...]

Walmart Q1 Profit, Sales Miss Estimates


Bentonville, AR—Hampered by slower sales at its U.S. Walmart division and at Sam’s Club, Walmart Stores Inc., the world’s largest … [Read more...]

Walmart Forecast Weak as Q4 Profit Falls 21%

Walmart on a smaller scale?

Bentonville, AR—Hit by lower traffic in stores, winter storms and benefit reductions for its lower income shoppers, Walmart Stores … [Read more...]

Walmart Names McMillon Next CEO

Doug McMillon becomes chief executive of Walmart in February

Bentonville, AR—What’s arguably the most powerful position in retail will be held by another member of Walmart’s top executive … [Read more...]