This was the quarter Walmart needed — and one that CEO Doug McMillon said signifies Walmart is now “moving with more speed.” To him, the positive results were driven by four strategic objectives:
- Make shopping easier for busy families.
- Change the way Walmart works (focus on diversity and inclusion, digital mindset and fighting bureaucracy).
- Operate with discipline.
- Be the most trusted retailer. (According to the company, a survey of 6,600 Americans showed that Walmart ranked number one as the most ethical brand that came to mind for respondents.)