Walmart CEO Doug McMillon, who announced his retirement, transformed the company’s business model for the e-commerce age. Under his leadership, Walmart has outperformed the S&P 500 and Amazon over the last five years. The transition to John Furner is expected to be successful. [Source: fool.com]

McMillon revamped Walmart by focusing on e-commerce, acquiring Jet.com, launching Walmart+, and expanding the marketplace. He also optimized the international portfolio. Furner, set to succeed McMillon, has been Walmart U.S. CEO for six years. Walmart stock, trading at a P/E ratio of 39, reflects the premium McMillon helped it earn. [Source: fool.com]

The Motley Fool Stock Advisor team identified Walmart as a stock not among the top 10 to buy now. Their picks have historically outperformed the S&P 500 significantly. Consider joining Stock Advisor to access the latest top 10 list. *Stock Advisor returns as of November 10, 2025. [Source: fool.com]

Read more at Nasdaq: Leadership Transition at Walmart: How McMillon’s Retirement Could Impact the Stock