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Stockreport

Walmart backtracks on DEI and LGBTQ initiatives [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
Equity, a nonprofit initiative it had supported with $100 million, and stopping the sharing of data with the Human Rights Campaign. Additionally, the company will no longer use the terms DEI and Latinx in its official communications, and will prohibit third-party merchants from selling LGBTQ-themed items targeted at children on Walmart.com. The article does not explicitly state why Walmart is making these changes, but it mentions that the company has faced pressure from the anti-DEI movement, which gained momentum after the reelection of President Donald Trump. Additionally, the Supreme Court's ruling on affirmative action in June 2023 may have also played a role in the company's decision. No, according to the article, other companies such as Ford, Harley-Davidson, Lowe's, and Tractor Supply have also made changes to their DEI initiatives. Walmart's partnership with the Center for Racial Equity was a five-year initiative established after the police killing of George Floyd in 20 [Read more]
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Stockreport

Walmart backtracks on DEI and LGBTQ initiatives [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
Equity, a nonprofit initiative it had supported with $100 million, and stopping the sharing of data with the Human Rights Campaign. Additionally, the company will no longer use the terms DEI and Latinx in its official communications, and will prohibit third-party merchants from selling LGBTQ-themed items targeted at children on Walmart.com. The article does not explicitly state why Walmart is making these changes, but it mentions that the company has faced pressure from the anti-DEI movement, which gained momentum after the reelection of President Donald Trump. Additionally, the Supreme Court's ruling on affirmative action in June 2023 may have also played a role in the company's decision. No, according to the article, other companies such as Ford, Harley-Davidson, Lowe's, and Tractor Supply have also made changes to their DEI initiatives. Walmart's partnership with the Center for Racial Equity was a five-year initiative established after the police killing of George Floyd in 20 [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS