Target CEO's Transgendered Stance = Big Losses

Target’s CEO Brian Cornell refused to change course when confronted this week by shareholders who are alarmed by his expensive push for a transgender, mixed-sex changing-room policy that has helped wipe out almost 20 percent of the company’s value.

Cornell told the annual meeting of investors that the company intend to stick with the April 19 transgender policy — which requires its customers to use mixed-sex changing rooms and bathrooms — and he even insisted there has been no financial repercussions, despite a $10 billion Wall Street loss in the months since the policy was announced.

The CEO declined to answer questions over the pro-transgender policy posed by other investors.

Cornell was also asked if the company had conducted a cost-benefit analysis of the pro-transgender policy before issuing it. The CEO didn’t answer this question either.

Source: Breitbart News