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Target slashes outlook after tariffs, DEI boycotts slam sales: ‘We're not satisfied with these results'
New York Post· 2025-05-21 15:00
Target lowered its full-year sales forecast after a tough first quarter marked by weak discretionary spending, tariff pressures and fallout from consumer boycotts stemming from its DEI policies.The Minneapolis-based retailer now expects net sales to fall by a low single-digit percentage, abandoning earlier hopes for a modest increase, the company said in in its earnings report Wednesday.Comparable sales dropped 3.8% in the quarter ended May 3, exceeding Wall Street’s expectations for a decline and stoking d ...
Maple Leaf Foods Reaffirms Board Diversity Commitment
Prnewswire· 2025-05-20 21:11
Core Viewpoint - Maple Leaf Foods reaffirms its commitment to diversity on its Board of Directors, aiming to maintain at least 30% representation of women, despite a temporary drop to 27% [1][2]. Group 1: Board Diversity Commitment - The Company has historically maintained a minimum of 30% women on its Board of Directors [1]. - Currently, the representation of women on the Board is at 27%, but the Company is committed to adding another woman director by or before the 2026 annual meeting of shareholders [1]. Group 2: Company Overview - Maple Leaf Foods is a leading protein company that produces food products under various brands, including Maple Leaf®, Schneiders®, and LightLife® [3]. - The Company employs approximately 13,500 people and operates primarily in Canada, the U.S., and Asia [3]. - Maple Leaf Foods is headquartered in Mississauga, Ontario, and its shares are traded on the Toronto Stock Exchange under the ticker MFI [3].
Verizon ends DEI programs, diversity goals as it seeks approval for Frontier acquisition
Fox Business· 2025-05-16 17:01
Verizon Communications on Friday said that it's ending its diversity, equity and inclusion (DEI) programs amid a probe by the Trump administration into those practices, as the telecom giant seeks federal approval for an acquisition. Federal Communications Commission (FCC) Chair Brendan Carr criticized Verizon in February for its promotion of DEI programs, saying it could factor into the review of Verizon's planned acquisition of Frontier Communications for $20 billion, including debt. Verizon said in a lett ...
Verizon axing DEI programs as it seeks FCC approval for $9.6B Frontier deal
New York Post· 2025-05-16 16:04
Core Viewpoint - Verizon Communications is terminating its diversity, equity, and inclusion (DEI) programs following scrutiny from the Trump administration and as it seeks approval for its $9.6 billion acquisition of Frontier Communications [1][7]. Group 1: Changes in DEI Programs - The company is removing its "Diversity and Inclusion" website and eliminating references to DEI from employee training [2][4]. - Verizon will no longer maintain any workforce diversity goals and will discontinue a component of its management compensation plan that aimed to increase the representation of women and minorities in its US workforce [4][5]. - The changes are effective immediately, as stated by Verizon's chief legal officer, who acknowledged that some DEI policies could be linked to discrimination [5]. Group 2: Regulatory Context - FCC Chair Brendan Carr expressed approval of Verizon's decision to end its DEI policies, framing it as a step that promotes equal opportunity and nondiscrimination [6]. - Carr had previously opened a probe into Verizon's promotion of DEI programs, indicating a broader regulatory scrutiny of such initiatives in the telecom sector [1][8].
ConocoPhillips(COP) - 2025 FY - Earnings Call Transcript
2025-05-13 15:00
ConocoPhillips (COP) FY 2025 Annual General Meeting May 13, 2025 10:00 AM ET Speaker0 Good morning, ladies and gentlemen. I'm Ryan Lance, Chairman and CEO of ConocoPhillips. It's my pleasure to welcome you to the ConocoPhillips' twenty twenty five Annual Meeting of Stockholders. Please remember that you may vote your shares online at any time during this meeting prior to the closing of the polls, and you could submit questions through the text box located on your screen. In addition to myself, all the membe ...
Federal Realty Investment Trust(FRT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
Federal Realty Investment Trust (FRT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Jill Sawyer - Senior Vice President, Head of Investor RelationsDonald Wood - President and CEOWendy Seher - Executive Vice President, Eastern Region President and Chief Operating OfficerDan Guglielmone - Executive Vice President, Chief Financial Officer & TreasurerJeffrey Spector - Managing DirectorMichael Griffin - DirectorJuan Sanabria - Managing DirectorRavi Vaidya - Vice PresidentJan Sweetnam - Exec ...
Vasta Platform (VSTA) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
Vasta Platform (VSTA) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Ladies and gentlemen, this is the operator. Today's conference is scheduled to begin momentarily. Until that time, your lines will remain on music hold. Thank you for your patience. Thank you for standing by. My name is Kathleen, and I will be your conference operator today. At this time, I would like to welcome everyone to the Vasta Platform First Quarter twenty twenty five Financial Results. All lines have been placed on mute to ...
Federal Realty Investment Trust(FRT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
Federal Realty Investment Trust (FRT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to the Federal Realty Investment Trust First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. By pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press then one on your telephone keypad. To start your question, please press star then 2. Please not ...
SB Financial Group(SBFG) - 2025 Q1 - Earnings Call Transcript
2025-05-02 16:02
SB Financial Group (SBFG) Q1 2025 Earnings Call May 02, 2025 11:00 AM ET Company Participants Carol Robbins - Senior VP & ControllerMark Klein - Chairman, President & CEOAnthony Cosentino - Executive VP & CFOBrian Martin - Director - Banks & ThriftsSteven Walz - Executive VP & Chief Lending Officer Operator Good morning, and welcome to the SB Financial First Quarter twenty twenty five Conference Call and Webcast. I would like to inform you that this conference call is being recorded. We will begin with rema ...
Goldman Sachs scrubs mentions of ‘Black' from racial diversity web page amid DEI rollback
New York Post· 2025-05-02 14:35
Goldman Sachs has scrubbed mentions of “Black” and other references to race from its official website touting a diversity initiative amid an industrywide rollback of so-called DEI programs and increasing scrutiny from the Trump administration, according to a report.In 2021, the Wall Street giant launched the “One Million Black Women” program in which it pledged $10 billion in investments and $100 million in philanthropy specifically aimed at supporting black women.Goldman in recent weeks has revised promoti ...