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New York Post
204 days

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.

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FAQ

Why Bearish?

Activist challenges to DEI could signal potential business risks, affecting investor sentiment.

How important is it?

The focus on DEI can influence Costco's public image and operational effectiveness.

Why Long Term?

Sustained criticism and potential policy changes may affect Costco's operational strategies over time.

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