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Expand chart
Reproduced from CivicScience; Chart: Axios Visuals

Walmart's decision earlier this week to stop all sales of handgun and short-barrel rifle ammunition — as well as prohibiting open carry in its stores — was met with positive reviews on Wall Street, where its stock climbed more than 1% on Wednesday, and data suggests it may have more room to run.

By the numbers: Research firm CivicScience's survey of 1,986 U.S. adult Walmart shoppers found that under the open carry changes, 29% are more likely to shop in Walmart stores and 22% are "much more likely" to shop there.

  • 19% said they are less likely, including 14% who said they are "much less likely" to do so.
  • Meanwhile, a second survey question asked to 1,471 Walmart shoppers about the ban on ammunition sales found nearly identical responses.

The intrigue: The data shows an improvement from the generally positive results of a similar survey of Dick's Sporting Goods customers conducted in March after that company announced it would no longer sell firearms.

The results: In August, Dick’s announced its strongest quarter since 2016 and raised its full year guidance, after unimpressive sales immediately following the announcement.

  • "Initial reaction to the policies is a clear net positive for Walmart, particularly given what we know about the demographic and socio-political orientation of Walmart shoppers at large," CivicScience CEO John Dick said in an email to research clients.

Go deeper: Walmart to halt sale of ammunition for handguns, assault-style weapons

Go deeper

47 mins ago - World

Barbados becomes a republic, replacing U.K. queen with president

Combination images of Dame Sandra Mason, president of Barbados, and Britain's Prince Charles at her swearing-in ceremony in Bridgetown, Barbados, late Monday.

Barbados officially became a republic at midnight local time after Dame Sandra Mason was sworn in as the Caribbean nation's first president in a ceremony attended by the United Kingdom's Prince Charles.

Why it matters: Mason replaced Britain's Queen Elizabeth as head of state Tuesday — removing the country's final remaining colonial tie to the U.K. almost 400 years after the first British ships arrived in Barbados.

Right-wingers making McCarthy sweat for future Speaker post

House Minority Leader Kevin McCarthy stands with his Republican colleagues outside the House on Nov. 17. Photo: Stefani Reynolds/Bloomberg via Getty Images

Right-wing elements in the Republican Party are complicating House Minority Leader Kevin McCarthy's attempts to become the next speaker of the House should the GOP take back the majority in 2022.

Why it matters: While McCarthy has worked carefully to build trust among the conservatives who tanked his chances at clinching the speakership in 2015, they're still circling ahead of the next Speaker vote in January 2023.

4 hours ago - Politics & Policy

Congress sprints to meet crush of deadlines

Illustration: Aïda Amer/Axios

Congressional leaders have been pushing off vital action for months — and a lot of it will catch up with them in December, which begins Wednesday.

Driving the news: Funding for the federal government is set to expire at midnight on Friday. There are also consequential deadlines related to the debt limit, President Biden's agenda and annual actions like voting on the National Defense Authorization Act.