Walmart (WMT) is restructuring its executive leadership under CEO John Furner. Sam’s Club Chief Operating Officer Tom Ward and U.S. store operations head Cedric Clark are departing the company.
Walmart reported Q1 FY2027 revenue of $177.8 billion. Management issued cautious Q2 guidance and warned of consumer strain from rising fuel costs.
Walmart stock fell nearly 9% for the week. Shares closed at $120.27 on Friday.