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Walmart's CEO on what store managers making $600,000 does for business [Yahoo! Finance]

Walmart Inc. (WMT) More Company Research Source: Yahoo! Finance

Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report

US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx

Speaking at the National Retail Federation ( NRF ) State of Retail & the Consumer 2025, Furner highlighted the company's efforts to boost engagement and performance across its management ranks. “What we did last year was make managers feel like owners,” Furner said. “This includes shareholding, which has positively impacted their approach to the company's profits and losses.” Furner pointed out a clear shift in manager behavior, noting a “difference” in how they discuss the business, the types of questions they ask, and how they approach the profit and loss statement. This change is partly due to encouraging managers to think of Walmart as if they owned it, he said. In January, Walmart ( WMT raised compensation for its regional store managers, with top performers now earning between $420,000 and $620,000. The pay boost includes higher stock grants and annual bonuses, with the latter reaching 100% of base pay. The retail giant employs more than 400 store managers across the U.S. [Read more]

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