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Doug McMillon

Walmart Shares Jump on Q2 Earnings Beat, Guidance Raise

The retail giant continued to gain share in the second quarter.

Walmart Is Done Punching Below Its Weight in Fashion

CEO Doug McMillon said the retail giant has "punched below our weight" in apparel, but is now seeing progress…

Walmart CEO Doug McMillon Sees $27 Million Pay Day

The CEO is routinely among the highest-paid CEOs in retail.

Walmart Hit $100 Billion in E-commerce Sales for 2023

The company topped off the year with a strong fourth quarter, but sees revenue growth moderating in 2024. 

Walmart Raises Outlook as Value Message Resonates

The discount giant also turned in better-than-expected second-quarter profits and saw a turnover in…

Evolution, Paranoia and Low Prices at Walmart

CEO Doug McMillon meets with shareholders and analysts to pitch the discount giant. 

Walmart U.S. Comps Up 7.4 Percent as Discount Giant Tops Estimates

The retailer showed its strength, in brick-and-mortar, digital and advertising.

Walmart’s Fourth Quarter Tops Estimates, but Forecast Disappoints

CEO Doug McMillon projected confidence and said the massive retailer was entering a new fiscal year with…

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…