Walmart enters 2026 with strong momentum, having capped a record 2025 fiscal year with $681 billion revenue and 25% net income growth, fueled by its high-margin advertising business. CEO Doug McMillon will retire January 31, 2026, succeeded by John Furner. The company plans extensive 2026 investments in AI (including ChatGPT integration), store modernizations, EV chargers, and new fulfillment centers. This strategic transformation has been met with overwhelmingly positive analyst reactions.