Walmart operates as a global retailer with a network of hypermarkets, discount department stores, and grocery stores, plus an online shopping platform. It sells groceries, apparel, electronics, and household items through its stores and Walmart.com, along with financial services and health offerings like pharmacies. Its business model centers on offering a wide range of products at low prices by maintaining a large-scale, efficient supply chain and bulk purchasing. This setup enables both in-store and online shopping, with growing emphasis on e-commerce as demand shifts. Walmart differentiates itself through massive store networks, everyday low prices, integrated omnichannel shopping, and a focus on community support and essential services, including vaccination efforts and veteran programs. The company’s goal is to help people save money and access essential goods and services for their families and communities.
Company Size
10,001+
Company Stage
IPO
Headquarters
Bentonville, Arkansas
Founded
1962
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PTO: Paid vacation, sick time, personal time and holiday time
10% discount on regularly priced general merchandise and fresh fruits and vegetables
6% 401(k) match to all employees, including hourly workers, after one year
Roth IRA available
Associate Stock Purchase Plan
maximum and eligible preventive care covered at 100%
Health reimbursement plans
Walmart (NASDAQ:WMT) trading up 2.5% - Here's why. Shares of Walmart Inc. (NASDAQ:WMT - Get Free Report) were up 2.5% during mid-day trading on Tuesday. The stock traded as high as $110.19 and last traded at $110.12. 19,322,112 shares traded hands during trading, a decline of 24% from the average session volume of 25,448,307 shares. The stock had previously closed at $107.44. Walmart news roundup. Here are the key news stories impacting Walmart this week: * Amazon is bringing Walmart orders into its Seller Central platform, creating a potential new fulfillment and distribution channel for Walmart Marketplace sellers. The move suggests practical cooperation between the retailers and could support Walmart's e-commerce ecosystem. * Walmart opened a new Neighborhood Market in Mesquite, Texas, expanding its grocery, pharmacy and convenience-store footprint. The smaller-format strategy may help Walmart capture local grocery demand and support omnichannel growth. * Analysts continue to identify Walmart as a potential beneficiary of omnichannel retail, private-label brands, loyalty programs, automation and retail-media growth. These businesses could improve customer retention and diversify profit sources. * Walmart reversed course on in-store digital-wallet payments, a customer-experience and payments update whose financial impact is not yet clear. The company is also testing renewed healthcare efforts after a costly retreat, which could offer long-term growth but carries execution risk. * A recent analysis downgraded Walmart, arguing that the company's rich valuation is not fully supported by earnings growth and profitability. Reports that operating margin fell to its lowest level in nine years reinforce concerns that expenses and investment spending could limit upside. Wall street analysts forecast growth. A number of equities research analysts have recently weighed in on the company. BNP Paribas Exane reissued an "outperform" rating and set a $137.00 target price (down from $146.00) on shares of Walmart in a report on Friday, August 21st. Sanford C. Bernstein reissued an "outperform" rating on shares of Walmart in a report on Friday, August 21st. Tigress Financial reaffirmed a "buy" rating and issued a $155.00 target price on shares of Walmart in a report on Monday, August 31st. Jefferies Financial Group reiterated a "buy" rating and issued a $120.00 target price on shares of Walmart in a research report on Friday, August 21st. Finally, Evercore set a $125.00 price objective on shares of Walmart in a research note on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $131.88. Walmart trading down 0.8%. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. The company has a market cap of $870.25 billion, a P/E ratio of 39.63, a price-to-earnings-growth ratio of 4.20 and a beta of 0.59. The firm's 50-day moving average price is $109.51 and its 200-day moving average price is $117.81. Walmart (NASDAQ:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analyst estimates of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The firm's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the company earned $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities research analysts expect that Walmart Inc. will post 2.87 earnings per share for the current fiscal year. Insider buying and selling. In other news, EVP Christopher Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $106.65, for a total value of $309,285.00. Following the transaction, the executive vice president owned 566,253 shares in the company, valued at approximately $60,390,882.45. The trade was a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Bartlett sold 3,950 shares of the business's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $105.14, for a total value of $415,303.00. Following the completion of the sale, the executive vice president directly owned 622,349 shares of the company's stock, valued at approximately $65,433,773.86. This trade represents a 0.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 81,004 shares of company stock valued at $8,601,724 over the last three months. 0.09% of the stock is owned by corporate insiders. Institutional inflows and outflows. Institutional investors have recently added to or reduced their stakes in the stock. Merkkuri Wealth Advisors LLC bought a new position in shares of Walmart during the 1st quarter valued at $29,000. Montgomery Financial Services LLC purchased a new position in Walmart during the second quarter valued at approximately $32,000. Sankala Group LLC purchased a new stake in shares of Walmart in the fourth quarter worth $33,000. Turim 21 Investimentos Ltda. bought a new position in Walmart in the 1st quarter worth $37,000. Finally, Pingora Partners LLC bought a new position in Walmart in the 2nd quarter worth approximately $34,000. 26.76% of the stock is currently owned by institutional investors. About Walmart. Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products. Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa. Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.
Southern Professionals adds former Walmart Vice President Doug Keiser to lead its Bentonville team. With 35+ years in retail, Keiser brings a unique perspective to Southern Professionals and its client base BENTONVILLE, AR, UNITED STATES, September 22, 2026 /EINPresswire.com/ - BENTONVILLE, Ark. - September 22, 2026 - Southern Professionals, a CPG brokerage firm serving key national retailers since 1979, today announced that Doug Keiser has joined the firm and will lead its Bentonville team. Keiser brings more than 35 years of retail experience - including 17 years at Walmart - to the manufacturers and brands the firm represents. At Walmart, Keiser rose to Vice President, Divisional Merchandise Manager over Lawn & Garden and Hardware & Paint, sitting on the very side of the table that suppliers spend their careers trying to reach. Having been the buyer that brands work to win, he knows firsthand what earns a product its place on the shelf - from assortment and pricing to the execution details that separate a pitch from a purchase order. Keiser went on to lead sales and sourcing for major suppliers, most recently serving as Executive Vice President of Retail Sales at Test Rite, with earlier leadership roles at Outdoor Cap, Fred's, and Royal Oak Enterprises. That combination - years spent buying, followed by years spent selling into the same retailers - gives him a rare, dual view of what makes a supplier partnership succeed. He holds a B.S. from Iowa State University. "Doug has sat in the buyer's chair at the largest retailer in the world, and then spent years on the supplier side learning how to win there," said Larry Burris, President of Southern Professionals. "That perspective is invaluable to our clients. When Doug tells a manufacturer what a merchant is really looking for, he isn't guessing - he's been that merchant. We're thrilled to have him helping lead our Bentonville team." Keiser will head the Southern Professionals Bentonville team alongside Burris, who as President oversees both Southern Professionals Bentonville which focuses on Walmart & Sam's and Southern Professionals Inc. which is uniquely positioned to handle Dollar General, Family Dollar, Dollar Tree, Home Depot and Tractor Supply. "I spent a long time deciding which products deserved a place on the shelf, and I've spent the years since helping suppliers earn it," said Keiser. "Southern Professionals has built its reputation on relationships and doing right by its clients, and that's exactly how I've always worked. I'm looking forward to helping our manufacturers see their business the way a buyer sees it - and turning that insight into growth." The addition of Keiser strengthens the firm's presence in Northwest Arkansas - the heart of the retail world and steps from the buyers who define the value channel. His background aligns nicely with the hardlines, food, and seasonal categories that move through the retailers Southern Professionals serves, adding deep category expertise to the firm's bench as it continues to grow its client roster. Justine Cruz Southern Professionals +1 813-322-6345 [email protected] Visit Today in Business on social media: LinkedIn Facebook YouTube Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Today in Business do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Walmart (NYSE: WMT) launches Predictive Precision Targeting at Sam's Club to boost ad revenue. Sam's Club, the warehouse retail unit of Walmart (NYSE: WMT), has introduced a new advertising capability called Predictive Precision Targeting to support first-party data-driven marketing for brands. The new tool uses member shopping and engagement data to help advertisers reach more specific shopper segments with measurable performance insights. Predictive Precision Targeting connects directly into both Walmart Connect and Sam's Club Connect, giving brands access to granular data on member purchase behavior and engagement patterns. For Walmart, the launch strengthens its advertising and marketplace ecosystem, leaning into fee-based income streams that sit alongside traditional retail sales and tap into the company's existing high-volume traffic. The move aligns with a broader strategic narrative that higher-margin advertising, marketplace, and membership income can gradually reshape Walmart's overall profit mix over time. Retail media networks have become a significant battleground for large retailers looking to monetize first-party data as third-party tracking becomes less reliable across the digital advertising industry. Walmart runs a global network of retail and wholesale stores, clubs, ecommerce sites, and mobile apps, meaning any expansion of Sam's Club's data capabilities has implications across this much wider ecosystem. The key test going forward will be future disclosure on Walmart Connect and Sam's Club ad performance, including how much ad revenue and advertiser adoption are directly tied to Predictive Precision Targeting. Analysts will also be watching whether member engagement remains healthy as Walmart faces scrutiny in 2026 for scaling back diversity, equity, and inclusion initiatives across its operations. Investors and market watchers are being advised to monitor upcoming earnings releases and major conference commentary through late 2026 for concrete numbers on both the advertising push and the DEI-related developments. The advertising expansion also carries a flagged risk that logistics and international ecommerce inefficiencies could continue pressuring margins if digital channels keep scaling without sufficient cost discipline. Whether Predictive Precision Targeting becomes a meaningful earnings driver will ultimately depend on advertiser adoption rates and Walmart's willingness to disclose granular data on the program's financial contribution.
Daily Comment (september 21, 2026). by patrick fearon-hernandez, CFA, and thomas wash. [Posted: 9:30 AM ET] | PDF Its Comment today opens with an update on the war in Iran, where Iran-backed proxies have staged a new attack on Saudi Arabia. However, speculation that President Trump could meet with the Iranian president in New York this week has raised hopes for new talks, driving oil prices and bond yields lower. Confluence Investment Management LLC next review several other international and US developments that could affect the financial markets today, including another strong election result for the far right in Germany and a major new issue of junk bonds related to artificial intelligence. United States-Israel-Iran: Iran-backed Houthi rebels in Yemen yesterday staged an apparent missile attack on the main airport in Saudi Arabia's capital, hitting a jet fuel depot and setting it ablaze. The Houthis also reportedly attempted to target civilians and infrastructure in the Saudi cities of Baish, Taif, Farasan, and Yanbu, but the strikes were thwarted by Saudi air defenses. The attacks appear to be aimed at increasing the costs of the Iran war for US allies. In any case, the attacks threaten to further boost energy prices for the US and other countries around the world. * Separately, new analyses by Bloomberg and energy analytics firms show the war in Iran cut Middle Eastern diesel fuel exports by about 770,000 barrels per day in March through August versus the same period in 2025. In contrast, the war in Ukraine has cut Russian diesel exports by only about 350,000 bpd in the same time frame, suggesting a decline in Western diesel prices would be more dependent on peace in Iran than peace in Ukraine. * Meanwhile, reports over the weekend said Walmart and Costco are both experiencing shortages of motor oil due to the conflicts. Prices for synthetic motor oil have at least doubled over the last year, forcing Costco to implement purchase limits. * At the same time, President Trump reportedly said over the weekend that he's open to meeting the Iranian president at the United Nations General Assembly meeting this week in New York. That statement has helped push crude oil prices lower so far today, with near Brent futures currently trading at $100.97 per barrel, down 2.8%. Government bond yields are falling in tandem, with the yield on the 10-year Treasury note now at 4.952%. Germany: In elections for the state parliament of Mecklenburg-Vorpommern at the weekend, the far-right Alternative for Germany party (AfD) came in first with 38.2% of the vote, while the center-left Social Democratic Party came in second with 35.5%. In contrast, the center-right Christian Democratic Union, which rules at the national level under Chancellor Merz, got only 4.9% of the vote, shutting it out of the state legislature. * The result confirms that the AfD continues to garner support and remains on track to possibly gain power at the national level in the coming few years. As the AfD gains power, German policy would probably become more friendly to Russia and antagonistic to the European Union. It would also likely become more anti-immigration and more populist in economic and social policy. * In the near term, after a similar rout in the state of Saxony-Anhalt two weeks ago, the result in Mecklenburg-Vorpommern raises the chance of a leadership challenge to Merz. In turn, that could spark questions of political and policy stability that may be a negative for German stock and bond markets. United States-Russia-China: On Friday, President Trump signed a bill into law known as the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," which authorizes and expands statutory sanctions, tariffs, and prohibitions on Russia and extends existing sanctions on Iran. The legislation, passed overwhelmingly by Congress last week, gives the president the authority to impose tariffs of up to 100% on the five biggest buyers of Russian oil and natural gas, along with other measures against Russia and Iran. * The law in theory puts China at risk of US sanctions, since it is a major buyer of Russian and Iranian oil. * Despite recent US moves to delay the application of other tariffs on China, the new law could potentially cause some tension when General Secretary Xi meets with President Trump at the White House later this week. Russia: In the weekend's parliamentary elections, preliminary results show the United Russia party that serves as President Putin's main source of support came in first with 355 of the 450 seats in the lower house of the legislature. As expected, "systemic opposition" parties that usually vote with the Kremlin won most of the remaining seats. Putin's authoritarian regime therefore looks set to continue for the time being. * Perhaps more important, many observers believe Putin could now authorize a special military draft to raise more troops for the war in Ukraine. * That prospect has already prompted many Russian men to flee the country, but recent reports suggest the Kremlin has tightened security along its borders to contain the exodus. China-Japan: New data shows China's August exports of rare-earth magnets to Japan were down 17.1% from the same month one year earlier. That's better than the 52.2% decline in the year to July, but it suggests Beijing is still trying to punish Japanese Prime Minister Takaichi for her statement last year about Japan being likely to respond militarily to any Chinese effort to take control of Taiwan by force. * Permanent magnets made with rare-earth minerals are an important input for modern electronics, industrial products, and defense goods. * China's continued clampdown on exports of the magnets has therefore been disruptive to Japanese companies in a range of industries. China-Philippines: Social media videos confirm that a Chinese coast guard ship on Friday rammed a Philippine fisheries department vessel trying to deliver subsidized fuel to local fishing boats in a disputed area of the South China Sea. The renewed tensions come after a period of relative quiet. A new round of aggressive Chinese tactics to chase Philippine vessels away from the disputed waters would raise the risk of conflict between Beijing and Manila, potentially putting pressure on the US to intervene. US Labor Market: The Wall Street Journal yesterday carried an article on how renowned organizational psychologist Adam Grant thinks artificial intelligence will change the skill set needed for professionals to get ahead. According to Grant, the prevalence of information with AI will make people's expertise less valuable, but it will put a higher value on judgment and interpersonal relations. For example, Grant recommends touching base more often by phone calls or personal meetings to get a better sense of trends and how the future will evolve. US Artificial Intelligence Industry: Japanese technology-investment giant SoftBank this week will reportedly price an $11 billion issue of high-yield bonds to help fund the third tranche of an investment in OpenAI expected to close next month. This would be one of the largest junk bond deals ever, highlighting the continued AI loan demand that is helping drive up global interest rates and further raising fears of excess investment.
Doug McMillon and anthony hopkins: Walmart legacy. September 19, 2026 Doug McMillon has been a pivotal figure in Walmart's history, serving as a transformative leader in one of the world's largest retail organizations. His contributions have left a lasting mark on how Walmart operates, especially in adapting to modern retail challenges. McMillon's role as the CEO of Walmart from February 2014 through January 2026 showcases his innovative mindset and ability to steer the company toward a future heavily influenced by technology and customer-centric practices. Understanding the dynamics of his leadership offers valuable insights for anyone interested in business transformation and strategic leadership. Table of Contents Early career. Doug McMillon's career at Walmart began in earnest when he joined the company in 1984 as an hourly associate. Starting out in the warehouse, he gained firsthand experience in the nuts and bolts of retail operations. This foundational work equipped him with deep insights into the daily functions of the company and instilled a strong work ethic that carried throughout his career. As he progressed, McMillon moved into management and merchandising roles, steadily climbing the corporate ladder. This trajectory highlights the importance of understanding ground-level operations in order to emerge as an effective leader. Path to leadership. McMillon's journey toward becoming the CEO of Walmart was defined by a series of strategic leadership roles that prepared him for the responsibilities he would later assume. A key milestone in his career was his appointment as the CEO of Sam's Club, a division of Walmart, where he introduced reforms to enhance the member experience and broaden the product range. Following this, McMillon took on the role of CEO of Walmart International, where he navigated the complexities of global retail markets. These positions were crucial in molding his leadership style and strategic thinking, readying him for the eventual role as the head of the entire corporation. Transformational leadership as CEO. During his tenure as Walmart's CEO, Doug McMillon emphasized a shift toward a technology-driven and omnichannel retail model. Recognizing the changing landscape of retail, he spearheaded initiatives to integrate technology deeply into Walmart's operations. This included significant investments in eCommerce platforms and implementing technologies to streamline operations. McMillon also focused on improving the welfare of Walmart's associates by investing in higher wages, offering better parental leave, and expanding education benefits. These efforts reflected his commitment to creating a work environment that values both innovation and employee well-being. Significant achievements. Under McMillon's leadership, Walmart experienced substantial growth in eCommerce, marking a significant achievement in the company's history. He understood the need to compete with eCommerce giants and thus pushed for investments in technology and logistics that enabled faster and more efficient service. This transformation notably improved the customer experience while simultaneously enhancing the work environment for associates. By blending traditional retail practices with cutting-edge technology, McMillon ensured Walmart remained competitive in an increasingly digital marketplace, serving as a model of adaptation for other large businesses. Transition and retirement. In 2025, Walmart announced that Doug McMillon would be retiring from his role as CEO in January 2026, setting the stage for a transition in leadership. John Furner was named as his successor, ready to continue the strategic direction laid out by McMillon. The planning and announcement of this transition exemplifies a thoughtful approach to leadership succession, emphasizing continuity and stable future operations. McMillon's departure from the CEO role was part of a broader plan to ensure Walmart's ongoing success, with a focus on maintaining the company's growth trajectory and commitment to innovation. Post-Retirement involvement. Even after retiring as CEO, Doug McMillon continued to play a vital role in Walmart through leadership and advisory capacities. His extensive experience and deep understanding of the retail landscape made him an invaluable asset in guiding strategic decisions and mentoring future leaders. McMillon's ongoing involvement ensured that Walmart could still benefit from his vast knowledge and insights, allowing him to contribute to the company's long-term strategy and success. Conclusion. Doug McMillon's legacy at Walmart is marked by his transformative impact on the company's approach to retail. His focus on technology, employee welfare, and customer service reshaped Walmart into a more agile, customer-focused organization. Under his leadership, Walmart navigated significant industry shifts, emerging stronger and more competitive. McMillon's journey serves as a roadmap for aspiring leaders in understanding the value of innovation, strategic thinking, and taking calculated risks. For those looking to build and lead successful businesses, his career provides practical lessons on adapting to change, investing in people, and setting a vision that propels an organization forward. For more insights on business leadership and strategic development, consider visiting resources like this business guide which offers valuable tools and insights to enhance your entrepreneurial journey. Read Also: