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Costco, Apple and others reject anti-DEI shareholder proposals. Those rollbacks have critics who say companies are making shortsighted decisions that could undermine their businesses. ...
Costco's defense of its DEI practices comes as other large U.S. corporations are shifting away from programs that encourage equality in the workplace for women, minorities and other groups.
Majority of anti-DEI shareholder votes came in between 98% and 99%, proving their stance on the initiatives that are under ...
In its defense, Costco positions its DEI initiatives as integral to business growth and operational success. This strategy mirrors the U.S. Naval Academy’s successful defense of its DEI efforts ...
Shareholders of 30 major corporations, collectively valued at more than $13 trillion, have voted overwhelmingly to reject anti-DEI proposals during 2025 proxy season, delivering a resounding defeat to ...
Costco appears to be bucking the anti-DEI wave with its defense of its diversity initiatives. Data published last year suggests shareholders largely support diversity efforts.
In Costco’s case, the proposal galvanized public support of Costco for sticking up for DEI. More than 98% of Costco shareholders voted down a proposal brought by the National Center for Public ...
And Costco says DEI is key to its success, pointing out that at the end of last year, about 90% of its customers worldwide had renewed their memberships. Jack Shields contributed to this report.
Costco reported that its sales rose 8% to $26.44 billion and comparable sales rose 5.8% for the retail month of June.
I’ve always admired Costco, not just for the free samples, bulk deals and the legendary $1.50 hot dog combo, but also for how it runs its business.