Walmart Commits $500,000 to Support South Texas Flood Relief
PorAinvest
lunes, 7 de julio de 2025, 10:41 pm ET1 min de lectura
MORN--
The funds will be used to support relief efforts in the region, with specific measures including:
- Free hot meals provided by Operation BBQ Relief at the Walmart Supercenter in Kerrville, beginning July 7.
- Deployment of Tide’s Loads of Hope laundry trucks and showers to the affected area, provided by Matthew 25: Ministries, Procter & Gamble, and Walmart.
- Funding for local partners such as the American Red Cross and The Salvation Army with essential supplies like food and water.
John Furner, President and CEO of Walmart U.S., expressed the company's empathy and commitment, stating, "We are heartbroken by the devastation our associates, friends, and neighbors in Texas are facing, especially the families of those who have lost loved ones. We’re working hand-in-hand with local leaders and first responders to ensure help reaches those who need it most."
Chris Nicholas, President and CEO of Sam’s Club, echoed this sentiment, stating, "Our hearts go out to the families, associates, and members affected by this disaster. We will stand by the Kerrville community and help provide the resources and support they need as they recover and rebuild."
This initiative reflects Walmart's strong corporate social responsibility and its proactive approach to disaster response, which is bolstered by its robust financial standing. Walmart's stock has seen a slight increase, currently priced at $98.89, reflecting investor confidence in the company's ability to maintain its market position and continue its community support initiatives.
References:
[1] https://www.morningstar.com/news/business-wire/20250707450715/walmart-sams-club-and-the-walmart-foundation-commit-up-to-500000-to-support-texas-flood-relief-efforts
[2] https://site.financialmodelingprep.com/market-news/walmart-inc-community-support-financial-stability
[3] https://corporate.walmart.com/news/2025/07/07/walmart-sams-club-and-the-walmart-foundation-commit-up-to-500000-to-support-texas-flood-relief-efforts
[4] https://texasborderbusiness.com/att-partners-with-texas-in-coordinated-flood-relief-effort/
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Walmart has committed up to $500,000 in grants and in-kind donations to support communities in South Texas affected by devastating floods. The initiative includes a $250,000 match of customer and member donations, which can be made online or in-store in Texas. This demonstrates strong corporate social responsibility and support for affected communities.
Walmart, Sam’s Club, and the Walmart Foundation have pledged up to $500,000 in grants and in-kind donations to aid communities in South Texas affected by recent devastating floods. This initiative includes a $250,000 match for customer and member donations, which can be made online or in-store across Texas. The company's commitment underscores its dedication to community support and disaster response.The funds will be used to support relief efforts in the region, with specific measures including:
- Free hot meals provided by Operation BBQ Relief at the Walmart Supercenter in Kerrville, beginning July 7.
- Deployment of Tide’s Loads of Hope laundry trucks and showers to the affected area, provided by Matthew 25: Ministries, Procter & Gamble, and Walmart.
- Funding for local partners such as the American Red Cross and The Salvation Army with essential supplies like food and water.
John Furner, President and CEO of Walmart U.S., expressed the company's empathy and commitment, stating, "We are heartbroken by the devastation our associates, friends, and neighbors in Texas are facing, especially the families of those who have lost loved ones. We’re working hand-in-hand with local leaders and first responders to ensure help reaches those who need it most."
Chris Nicholas, President and CEO of Sam’s Club, echoed this sentiment, stating, "Our hearts go out to the families, associates, and members affected by this disaster. We will stand by the Kerrville community and help provide the resources and support they need as they recover and rebuild."
This initiative reflects Walmart's strong corporate social responsibility and its proactive approach to disaster response, which is bolstered by its robust financial standing. Walmart's stock has seen a slight increase, currently priced at $98.89, reflecting investor confidence in the company's ability to maintain its market position and continue its community support initiatives.
References:
[1] https://www.morningstar.com/news/business-wire/20250707450715/walmart-sams-club-and-the-walmart-foundation-commit-up-to-500000-to-support-texas-flood-relief-efforts
[2] https://site.financialmodelingprep.com/market-news/walmart-inc-community-support-financial-stability
[3] https://corporate.walmart.com/news/2025/07/07/walmart-sams-club-and-the-walmart-foundation-commit-up-to-500000-to-support-texas-flood-relief-efforts
[4] https://texasborderbusiness.com/att-partners-with-texas-in-coordinated-flood-relief-effort/

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