Here's why Costco will eventually drop DEI, says activist investor
1. Costco's shareholders overwhelmingly rejected a DEI policy challenge, with 98% voting against. 2. Activist investors claim Costco's DEI policies may harm its bottom line. 3. Industry trends show many companies abandoning DEI initiatives amid political changes. 4. Costco remains a high-profile holdout against this trend, promoting DEI values. 5. Board members argue DEI drives innovation, markets, and overall economic growth.