Target CEO Brian Cornell stood by the mega company’s transgender bathroom policy decision to shareholders Thursday. However, the topic of their recent loss of revenue came to surface. And their loss is pretty substantial.
In fact, the loss is $10 billion, but Cornell denies it has anything to do with the controversial decision. The transgender bathroom policy decision has been the focal point behind a boycott of Target by about 1 million Americans, and well as campaign ads against the policy.
“We’re a company that believes strongly in diversity and inclusion,” LifeSiteNews quoted Cornell at the shareholder meeting in Costa Mesa, Calif. “We’re a company that is very guest-centered.”
Not everyone involved at Target is in favor of the decision though. “Target’s shareholder meeting was appalling from beginning to end,” Justin Danhof,director of the National Center Free Enterprise Project
said. “Liberal corporate leaders such as Cornell throw around the words ‘diversity’ and ‘inclusion’ so much they are starting to lose their meaning.”
[pullquote align=”left” cite=”” link=”” color=”” class=”” size=””]Related News: BOMB EXPLODES IN TARGET BATHROOM![/pullquote]
Danhof then attacked about Cornell denying the correlation between the new policy and the drop of 18% in company stock. “That’s a whopper!” Danhof wrote on the National Center website. “For Target to deny any correlation between its announcement and its tanking stock is ignorance of the highest form. Offending millions of investors and consumers, then denying the financial implications, borders on fiduciary negligence.”
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