Executive Summary

• Last week, Walmart (WMT) held a weeklong company meeting, culminating in its 46th annual shareholders’ meeting, which 14,000 people attended.
• Walmart CEO Doug McMillon urged employees to “reimagine retail again,” and said the company plans to focus on employees, customers and communities.
• The company demonstrated many new technological innovations, including drones, cooperation with same-day delivery services and Walmart Pay. Sam’s Club is an incubator for much of the technology and many of the upgrades that are later introduced throughout the Walmart store network.