Walmart International CEO Kathryn McLay Steps Down, Successor to Start February 1
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: stocktwits
- Executive Change: Walmart International CEO Kathryn McLay is stepping down at the end of this month, with John Furner set to take over on February 1, potentially impacting the strategic direction of the company's international operations.
- International Performance: Walmart's international division saw an 11% sales increase in the latest quarter, driven by strong growth in China, India, and Mexico, highlighting the company's robust growth potential in global markets.
- Market Reaction: Following the announcement of McLay's resignation, Walmart's shares rose slightly in after-hours trading, reflecting cautious optimism among investors regarding the company's future leadership transition.
- Digital Investment: Walmart has recently increased investments in digital operations, including partnerships with ChatGPT and Gemini AI, which are expected to drive significant business growth.
Analyst Views on WMT
Wall Street analysts forecast WMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WMT is 121.92 USD with a low forecast of 108.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
26 Analyst Rating
26 Buy
0 Hold
0 Sell
Strong Buy
Current: 119.200
Low
108.00
Averages
121.92
High
130.00
Current: 119.200
Low
108.00
Averages
121.92
High
130.00
About WMT
Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce Websites and mobile applications, located throughout the United States (U.S.), Africa, Canada, Central America, Chile, China, India and Mexico. It operates in three reportable segments: Walmart U.S., Walmart International and Sam's Club U.S. The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services. The Walmart International segment consists of the Company's operations outside of the U.S. through its subsidiaries, as well as eCommerce and omni-channel initiatives. The Sam's Club U.S. segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





