Walmart Inc. (NYSE:WMT) 2025 Evercore Consumer & Retail Conference June 11, 2025 8:00 AM ET
Company Participants
Stephanie Wissink – Senior Vice President of Investor Relations
Todd Sears – Senior VP & CFO of Sam’s Club
Conference Call Participants
Gregory Scott Melich – Evercore ISI Institutional Equities, Research Division
Gregory Scott Melich
Well, good morning, everyone, to the second day of our Consumer and Retail Conference here for Evercore. I’m Greg Melich. I’m the retail broadlines and hardlines analyst, and it’s my pleasure to have with me this morning, Todd Sears, who is the Senior Vice President and Chief Financial Officer of Sam’s Club, but spent over a decade at Walmart working a lot international. So I know you’ve been at Sam’s Club for now maybe a little over a year.
Todd Sears
Just over a year, yes.
Gregory Scott Melich
So a lot of excitement and change going on there and acceleration of growth. So Todd, thanks for joining us and look forward to the discussion.
Todd Sears
My pleasure. I’m looking forward to it.
Question-and-Answer Session
Gregory Scott Melich
Great. So first, let’s kick it off. Could you just give us a brief history and overview of Sam’s Club. We saw from the video, but maybe position that now as to where you’re seeing the consumer in general and your member.
Todd Sears
Yes. The video, I think, did a good job of providing a really big overview. One thing I would add, in the last 5 years, really at the start of the COVID pandemic, which was the shot of adrenaline of growth, we’ve grown about 50% and still with the same number of clubs. That is a tremendous amount of growth in retail over a 5-year period. And it’s that momentum that we have built, we believe the future is still very bright to be able to continue
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