Walmart Financial Director to compete for technical talents: “You are helping to form the future of retail on a large scale.”

On Thursday, Wal Mart I mentioned The profits for the quarter ended on July 31. E -commerce continues to gain momentum, which represents another quarter of the two -digit growth: global sales over the Internet increased by 25 %, while American sales over the Internet increased by 26 % on an annual basis, driven by increasing digital purchase and advertising revenues.

Financial Director John David Rene highlighted the continuous investment in artificial intelligence as a corner stone for the long -term growth strategy in Wall Mart. “We are playing in the long run, as we balance the gains of stocks while investing in our partners, automating our supply chain in stores and clubs, and in artificial intelligence and technology,” Rene said during the profit call.

Regarding the Walmart focus on technology and employment in high -tech positions, Rainey told me by email, “When we have become more move to technology, these teams help us build better shopping experiences, more intelligent supply chains, and innovative solutions that keep us in the foreground.”

He also explained the reason that Wall Mart has an attractive destination for technical professionals: “Walmart promotes technical talents because you work in projects that affect millions of people, use the latest technology and develop your career. In addition, your work here is really important – you are helping to form the future of retail on a large scale.”

accident luck analysis Walmart Jobs publications revealed that the salaries of experienced software engineers, data scientists and products managers are very competitive, with the start of some six numbers. For example, employee software engineers can expect a salary range between $ 132,000 to $ 264,000, while employee data scientists are offered between $ 143,000 and $ 286,000. The specific compensation packages, including rewards and stock prizes, will vary depending on the role and expertise.

In July, Wall Mart She revealed her vision To renew shopping, operations and managing sellers through artificial intelligence agents, luck I mentioned. The company plans to convert customer experiences on its digital platforms, simplify its business for corporate and store employees, and to help sellers and sellers to track goods’ performance better by uniting dozens of artificial intelligence tools into four “super agents”.

Mobility in uncertainty

Digital ability is increasingly recognized as a major discrimination in Walmart. “Despite the financial restrictions of the consumers, Walmart has published strong solid marks in the line, showing the benefits of its scale, attractive price attitudes, and comfortable digital shopping options, which will achieve more gains than the market share,” Erar Lash, the sector manager in Morningstar, wrote in a memorandum of an analyst on Thursday.

For the quarter ending on July 31, Walmart recorded revenues of $ 177.4 billion, an increase of 4.8 % on an annual basis. US store sales increased by 4.6 % (suspended expectations), driven by 1.5 % in transactions and 3.1 % in average tickets. The total margin increased by 4 basis points to 24.5 %. However, the expectations have passed a little, due to factors such as the company that chooses to absorb the costs of tariffs on some elements and incurred restructuring expenses.

Although the customs tariff raised the costs of some products, Walmart has been reported by a noticeable power in the estimated categories – such as clothes, media, games and cars – with increased sales of general goods with low individual numbers.

This reflects its positive expectations, Walmart Management raised its financial guidelines 2026, which now offers sales growth by 3.75 % to 4.75 %, increasing its previous 3 % to 4 %.

As Walmart doubles on digital innovation, its ability to attract and enable higher technical talents will be the key to forming the company’s future.

happy vacation.

Sherrill Istra
[email protected]

Leaders

Fortune 500 power moves

Donnie Lau EVP and financial manager of the Public Dollar Company (No. 112As of October 20, after the departure of the current financial director, Kelly Delvis, on August 28. Even the appointment of Lao, CEO Todd Vasus will work as a major financial employee.

Lao returns to the public dollar with more than six years of previous experience in the company. Recently, the financial manager of Zaxby’s Tranchising LLC, starting from July 2023. Before leaving the public dollar in July 2023, Lau has held many positions in the Finance Department, including SVP for financing and strategy. Earlier in his career, he has played gradually great roles in financial planning, investor relations, and company strategy in Yum! Brands, Inc.

Every Friday morning, Fortune 500 Fortune 500 column transformations–See the latest version.

More prominent movements this week:

A big deal

The second reports of three reports of “Grant Thornton Digital Transformation” said that while 93 % of business leaders invest in more technology, a third (34 %) said their data is not sufficient to support the transformation.

The results described how the success of the transformation depends not only on new technology, but also on how to form human factors, data and smart design of these investments. Sixty -seven per cent of leaders are ranked resources between the five best technology goals for this year.

“The competitive edge is no longer in large, homogeneous systems, but in right -sized transformations that suit work needs and can expand effectively,” According to the report.

deepen

Here is four luck Weekend reads:

Hearing

“The Holy Just for Monetary Policy is money, not interest rates.”

– Steve Hank, author and professor of applied economics at Johns Hopkins University, John Greenwood, a fellow at the Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Corporation, written in a new luck Category.