Walmart CEO Likely To Stay In The Role For At least Three Years: Report


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • Walmart Inc (NYSE:WMT) Chief Executive Officer Doug McMillon reportedly plans to stay in the position for at least three more years, while a search for the successor goes on.
  • His plans to stay in the role for more than a decade will extend the company’s timeline for finding its next leader, the WSJ reported.
  • The company, in recent years, has raised many of its executives to the roles, making them likely successors to McMillon.
  • McMillon received $25.7 million in compensation for the fiscal year ended January 2022.
  • The company reported fourth-quarter FY23 sales growth of 7.3% year-on-year to $164 billion.
  • The Walton family holds about 47% of the stock, making them Walmart’s biggest shareholder, with three board seats.
  • Price Action: WMT shares are trading lower by 0.06% at $140.41 in premarket on the last check Friday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsManagementMediaGeneralBriefs