Walmart is preparing for a significant transformation, including a new leadership team and the listing on the Nasdaq-100 Index. Starting on January 20, Walmart will become one of the prestigious stocks listed on the Nasdaq-100. The Nasdaq-100 Index is a globally recognized index that tracks the performance of 100 of the largest non-financial companies listed on the Nasdaq Stock Market.
Walmart Inc. (Nasdaq: WMT) will be added to the Nasdaq-100 Index (NDX) before the market opening on Tuesday, January 20, 2026, the first trading day after the third Friday of the month. Additionally, Walmart will be included in the Nasdaq-100 Ex-Tech Sector Index and the Nasdaq-100 Equal Weighted Index.
Walmart Inc. will replace AstraZeneca PLC (Nasdaq: AZN) in the Nasdaq-100 Index, the Nasdaq-100 Equal Weighted Index, and the Nasdaq-100 Ex-Tech Sector Index. AstraZeneca PLC will also be removed from the Nasdaq-100 ESG Index, Nasdaq-100 ex Top 30, Nasdaq-100 ex Top 30 UCITS, Nasdaq-100 Sustainable ESG Select index, Nasdaq-100 Low Volatility, and Nasdaq-100 Select Equal Weight before market open on Tuesday, January 20, The US stock market was closed on Monday, January 19, 2026, in observance of Martin Luther King Jr. Day.
New Leadership at Walmart
Walmart Inc. (Nasdaq: WMT) announced that its Board of Directors has elected new leaders to its Executive Council. Incoming President and Chief Executive Officer of Walmart Inc. John Furner also shared additional changes designed to help fuel innovation and drive the new era of retail.
Seth Dallaire, EVP and Chief Growth Officer for Walmart U.S. is being named EVP and Chief Growth Officer for Walmart Inc. David Guggina, EVP and Chief eCommerce Officer for Walmart U.S., will become President and CEO of Walmart US. Chris Nicholas, President and CEO of Sam’s Club U.S., will succeed Kath McLay as President and CEO of Walmart International. Latriece Watkins, EVP and Chief Merchandising Officer for Walmart U.S., is being named President and CEO of Sam’s Club U.S.
Walmart, while not a’strict’ tech business, has been working to shift its perception. Google and Walmart have recently announced a collaboration to incorporate Google’s AI assistant, Gemini, into Walmart’s online shopping experience. The goal of this partnership, is to improve how consumers find and buy goods from Sam’s Club and Walmart.
Walmart’s Tech Venture
Walmart, a $955 billion market cap company, is a tech-powered omnichannel retailer in stores, online, and through its mobile devices. Each week, approximately 270 million customers and members visit more than 10,750 stores and numerous eCommerce websites in 19 countries.
With fiscal year 2025 revenue of $681 billion, Walmart employs approximately 2.1 million associates worldwide. WMT is up over 30% in the last one-year; the YTD return is 7.4%.
For fiscal year 2026, Walmart has raised the outlook for growth in net sales to 4.8% to 5.1% and adjusted operating income to 4.8% to 5.5%, both in constant currency. Adjusted EPS is expected to be $2.58 to $2.63 for FY 2026.