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Walmart is not changing its firearm sales policy

Brian Sozzi
·Executive Editor
Updated ·1 min read

Walmart (WMT) remains focused on ensuring employees at its stores are well taken care of in the wake of two tragic shootings this past week.

The world’s largest retailer has not made any changes to its firearm sales policy following the latest incident, a Walmart spokesperson told Yahoo Finance. Walmart continues to sell firearms in some 50% of its 4,300-plus U.S. stores.

Walmart took a strong stance on firearms in 2015, banning assault rifles. The company requires background checks for customers who buy guns. And last year, the company raised the age limit to purchase a firearm to 21 from 18.

FILE - In this June 5, 2017, file photo, customers shop for food at Walmart in Salem, N.H. Walmart says it will no longer sell firearms and ammunition to people younger than 21. The retailer's new policy comes after Dick's Sporting Goods announced earlier Wednesday, Feb. 28, 2018, that it would restrict the sale of firearms to those under 21 years old. It didn't mention ammunition. Walmart says the decision came after a review of its firearm sales policy in light of the mass shooting at a high school in Parkland, Florida. (AP Photo/Elise Amendola, File)
(AP Photo/Elise Amendola, File)

The spokesperson told Yahoo Finance that Walmart has also not changed its current security protocol. Employees are able to take a once a quarter class that helps them deal with active shooter situations. It’s unclear what next steps Walmart will take on the matter of gun sales and security.

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Last year, Dick’s Sporting Goods (DKS) announced that it would halt the sale of certain semi-automatic firearms at its 35 Field & Stream stores and namesake stores after the fatal shootings in Sandy Hook. That decision hit the retailer’s stock and continues to have a negative impact on its earnings results.

Brian Sozzi is an editor-at-large and co-host of ‘The First Trade’ at Yahoo Finance. Follow him on Twitter @BrianSozzi

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