Jim Cramer on Walmart CEO: "Doug McMillon Made the Stores More Appealing While Keeping Prices Low"

Walmart Inc. (NASDAQ:WMT) is one of the stocks Jim Cramer discussed, along with recent market rotation. Cramer noted Doug McMillon’s retirement and highlighted that he made the stores “more appealing.” He said:

“Or how about Costco versus Walmart? Well, this is really interesting. See, last year was Walmart’s year. The stock was up over 23% as the market recognized that this was the store of choice for cash-strapped consumers. Walmart even began to pull more customers from the upper middle class because CEO and now retiring sadly, Doug McMillon made the stores more appealing while keeping prices low. Everyone loves low prices. However, Walmart’s price-to-earnings ratio, how we measure whether the stock’s cheap or expensive, it skyrocketed to the 40s. That was incredible.”

Walmart Inc. (NASDAQ:WMT) operates retail stores, warehouse clubs, and online platforms that sell groceries, everyday essentials, home goods, apparel, electronics, and more. Cramer praised the company’s CEO during the December 18, 2025, episode, as he commented:

“Retail was pretty awful except for Walmart, which powered through everything as CEO Doug McMillon moved to keep prices low. His own one-man war against inflation. A war, I think, he may have won before he’s retired.”

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Disclosure: None. This article is originally published at Insider Monkey.