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Stockreport

DEI rollback reaches Walmart as backlash mounts: 'This is the biggest win yet' [Yahoo! Finance Canada]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance Canada
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Walmart ( WMT ) is scaling back some of its diversity initiatives, becoming one of the most prominent companies yet to make such an about-face as activist pressure mounts The world's largest retail chain told Yahoo Finance that it would cease using the acronym DEI (diversity, equity and inclusion), no longer participate in a corporate equality rating system created by the Human Rights Campaign and end its $100 million Center for Racial Equity that was scheduled to sunset in 2025. The company will also remove from its available merchandise all sexually inappropriate and transgender products marketed to children, review its supplier diversity program to ensure that no preferences are made based on race, and stop using the term "LatinX" in official communications to refer to people of Latin American cultural or ethnic identities. A spokesman for Walmart said the changes did not come about suddenly. "We've been on a journey and know we aren't perfect, but every decision comes fro [Read more]
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Stockreport

DEI rollback reaches Walmart as backlash mounts: 'This is the biggest win yet' [Yahoo! Finance Canada]

Walmart Inc.  (WMT) 
More Company Research Source: Yahoo! Finance Canada
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Walmart ( WMT ) is scaling back some of its diversity initiatives, becoming one of the most prominent companies yet to make such an about-face as activist pressure mounts The world's largest retail chain told Yahoo Finance that it would cease using the acronym DEI (diversity, equity and inclusion), no longer participate in a corporate equality rating system created by the Human Rights Campaign and end its $100 million Center for Racial Equity that was scheduled to sunset in 2025. The company will also remove from its available merchandise all sexually inappropriate and transgender products marketed to children, review its supplier diversity program to ensure that no preferences are made based on race, and stop using the term "LatinX" in official communications to refer to people of Latin American cultural or ethnic identities. A spokesman for Walmart said the changes did not come about suddenly. "We've been on a journey and know we aren't perfect, but every decision comes fro [Read more]
IMPACT SNAPSHOT
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WMT
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Price Change %
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%
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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
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%
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%
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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