This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sozzi: Walmart Just Told Us These Two Hidden Things at Its Annual Meeting

Stocks in this article: WMT TGT AMZN AAPL KMB

NEW YORK (TheStreet) -- Walmart's (WMT) annual shareholder meeting is always quite the spectacle, and this year was no different than years past. Headlining the event were celebs Pharrell Williams, Robin Thicke, Sarah McLaughlin, and Harry Connick Jr. And yes, the Walton family and Walmart executive team, rock stars in their own right and mind, happened to be there to discuss the company's awesomeness.

However, there is one aspect to the Walmart annual meeting that often gets lost inside of the glitz and glamor: the feeling that every initiative being introduced is designed to just keep pace with Amazon (AMZN) while using the power of Apple  (AAPL) devices. Not much NEW information is shared! To Walmart employees, the information is new because they unlikely read the Securities and Exchange Commission filings. But, for analysts and investors, the annual meeting is more akin to a live streaming think tank. So in an effort to get some real actionable insights from the event, I have come up with two stealth things I picked up on from paying careful attention.

I ask: Did YOU see any of this?
Sam's Club CEO Rosalind Brewer shined on stage, once again. From her background as a former 22-year executive at Kimberly Clark (KMB), to running over 1,000 Walmart stores, to now infusing the tech revolution into Sam's Club to fight back against Amazon, Brewer is a highly impressive executive destined for bigger things. That bigger thing: She may well be on the short list of candidates to take over as CEO of Target (TGT), which would be a great fit given her appreciation of data, technology, supplier relationships, and experience in store operations.

Doug McMillon is the CEO Walmart needed at this point in its history. From snapping selfies with Walmart associates, to playing to the crowd, McMillon showed a sense of charisma that has been absent in prior Walmart CEOs. In fact, he displayed a strong sense of self that he hadn't shown in prior years when on stage recently as leader of Sam's Club. The key consideration now: Does McMillon go slightly against the Walmart culture he grew up in, making bold decisions that in my view should include a complete restructuring of the international operations, closing underperforming stores in the U.S., and re-thinking what the supercenter of the future should look like? Time will tell.

Full disclosure: Sarah McLaughlin's song at the at the meeting made me tear up.

Hey, did YOU miss this? These Vines taken inside a Walmart are so telling as to the state of the company.  Give them a looksie here.

-- By Brian Sozzi CEO of Belus Capital Advisors, analyst to TheStreet.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

At the time of publication, Sozzi had no positions in the stocks mentioned, although positions may change at any time.

Brian Sozzi is the CEO and Chief Equities Strategist of Belus Capital Advisors. He is responsible for developing and managing an equities portfolio of mid- and large-cap positions, in addition to leading the firm's digital content initiatives. He is also a personal finance columnist for Men's Health magazine.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,568.11 +211.24 1.22%
S&P 500 2,034.67 +21.78 1.08%
NASDAQ 4,700.8980 +56.5860 1.22%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs