Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Walmart Inc.    WMT

WALMART INC.

(WMT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Bratspies Out As Walmart Shuffles Its Executives -- WSJ

share with twitter share with LinkedIn share with facebook
share via e-mail
01/18/2020 | 02:48am EST

By Sarah Nassauer

Walmart Inc. chief merchant Steve Bratspies is leaving the company as the country's largest retailer shakes up its executive ranks following the crucial holiday season.

Mr. Bratspies has been the company's chief merchandising officer for more than four years, a key role that oversees product selection and pricing in its U.S. stores, according to the company.

He will be replaced by Scott McCall, another company veteran, who recently has overseen the company's U.S. entertainment and toys business.

The retailer also named Dacona Smith as chief operating officer for the Walmart U.S. unit, according to the memo, filling a role that had been vacant since the former COO Judith McKenna became head of Walmart's international division in 2018. Mr. Smith has worked for Walmart for 30 year, the memo said, most recently as COO of the company's Sam's Club chain.

In a statement, Mr. Bratspies declined to discuss his plans after 14 years at Walmart, saying "it's time for a new challenge."

Walmart often makes major executive changes before the end of its fiscal year on Jan. 31. This year's shuffle follows the exit of the head of its U.S. business, Greg Foran.

Mr. Foran said in October he would leave on Jan. 31 to take over as chief executive of Air New Zealand Ltd. The New Zealand native led a turnaround in the company's U.S. business by pulling back on store openings and investing to remodel existing stores. He was replaced by former Sam's Club chief John Furner.

The company's chief merchant for its U.S. e-commerce operations Ashley Buchanan left Walmart last month to become chief executive of craft retailer Michaels Cos.

Walmart is scheduled to report its fourth-quarter results -- including holiday sales -- in February. The retailer has been riding a streak of strong sales in its home market. Several other chains, including Target Corp., have warned of lackluster holiday sales. Target blamed weak sales of toys and electronics for its shortfall.

Target also recently has revamped its top ranks. The company replaced its chief stores officer Janna Potts with company veteran Mark Schindele on Wednesday and named two executives -- Christina Hennington and Jill Sando -- to fill a void created in November when Mark Tritton resigned as chief merchant to take over as CEO of Bed Bath & Beyond Inc.

U.S. government data showed strong consumer spending for the month of December, with retail spending, excluding autos and gas, rising 0.5% from a month earlier.

Write to Sarah Nassauer at sarah.nassauer@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
AIR NEW ZEALAND LIMITED End-of-day quote.
BED BATH & BEYOND INC. -5.33% 11.18 Delayed Quote.-31.73%
TARGET CORPORATION -1.40% 116.63 Delayed Quote.-7.75%
THE MICHAELS COMPANIES, INC. -5.61% 4.54 Delayed Quote.-43.88%
WALMART INC. 0.38% 117.89 Delayed Quote.-1.18%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on WALMART INC.
02/16NEW SOURCE OF CLIMATE PRESSURE FOR C : Workers
DJ
02/14WARREN BUFFETT : Buffett's Berkshire buys Kroger and Biogen, reduces Wells Fargo..
RE
02/14UK regulator raps Tesco for unlawfully preventing rival store openings
RE
02/14UK regulator raps Tesco for unlawfully preventing rival store openings
RE
02/13WAL MART DE MEXICO B DE C : Walmart's Mexico unit blames government cash aid, as..
RE
02/13U.S. business group sees China keeping purchase commitments despite coronavir..
RE
02/13Consumer Cos Down as Coronavirus Fears Resurface -- Consumer Roundup
DJ
02/13WALMART : Congratulating the First Class of Live Better U Graduates
PU
02/13NEWS HIGHLIGHTS : Top Company News of the Day
DJ
02/13NEWS HIGHLIGHTS : Top Company News of the Day
DJ
More news
Financials (USD)
Sales 2020 521 B
EBIT 2020 21 803 M
Net income 2020 14 662 M
Debt 2020 53 849 M
Yield 2020 1,81%
P/E ratio 2020 22,9x
P/E ratio 2021 22,6x
EV / Sales2020 0,74x
EV / Sales2021 0,72x
Capitalization 334 B
Chart WALMART INC.
Duration : Period :
Walmart Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WALMART INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 127,97  $
Last Close Price 117,89  $
Spread / Highest target 18,8%
Spread / Average Target 8,55%
Spread / Lowest Target -10,9%
EPS Revisions
Managers
NameTitle
C. Douglas McMillon President, Chief Executive Officer & Director
Gregory B. Penner Non-Executive Chairman
Dacona Smith Chief Operating Officer & Senior VP-Sam's Club
Brett M. Biggs Chief Financial Officer & Executive Vice President
Clay Johnson Enterprise Chief Information Officer & EVP
Sector and Competitors
1st jan.Capitalization (M$)
WALMART INC.-1.18%334 475
ALIMENTATION COUCHE-TARD INC.7.40%37 310
SEVEN & I HOLDINGS CO., LTD.8.78%34 556
SM INVESTMENTS CORPORATION--.--%23 636
AVENUE SUPERMARTS LTD22.78%21 751
COLES GROUP LIMITED14.42%15 219