From StockTwits: 2025-04-14 23:00:00

Sam’s Club, a division of Walmart, plans to double membership and more than double sales and profit over the next 8 to 10 years. The company will open 15 new stores annually and focus on e-commerce expansion. The goal is to remodel all 600 existing stores, with the new Grapevine, Texas store serving as a model. Sam’s Club president and CEO, Chris Nicholas, described the transformation as one of the fastest in retail. The company’s net sales were over $90 billion last fiscal year. This expansion comes amidst uncertainty from President Trump’s trade tariffs, but Walmart maintains its full-year outlook.



Read more at StockTwits: Sam’s Club Goes Big On Growth With 15 New Stores A Year, Full Network Overhaul