The Latest Breaking News from John Furner

Even seasoned CEOs must show they can match the speed of technological change—and generate tangible returns from investments in it.

Furner said he learned the value of hard work from his grandfather, who was a farmer.

A leadership change is marking a new chapter in Walmart’s strategy.

Walmart Inc. (NYSE:WMT) delivered a powerhouse third-quarter performance on Thursday, beating Wall Street expectations and raising its full-year guidance. However, amidst reports of strong revenue growth, executives cautioned that while grocery prices are stabilizing, tariffs remain a lingering variable that could impact the cost of household items.

Walmart Inc (NYSE:WMT) reported third-quarter financial results before the market open on Thursday. The transcript from the earnings call has been provided below.

Furner first joined Walmart in 1993 as a part-time store associate. Over the years, he climbed through a variety of roles, store operations, merchandising, sourcing, and even took on international responsibility by working in Walmart's China division.

Both companies have new incoming CEOs, but Walmart’s appointment has been better received by Wall Street.

Walmart’s next CEO will have to prove that an old-school retailer can think like a tech firm without losing its soul.

Doug McMillon retires after transforming Walmart into a tech-driven powerhouse. John Furner will succeed him, but can he sustain Walmart's dominance in a volatile retail market?