Shareholders rejected a proposal to evaluate the risks of maintaining diversity, equity and inclusion initiatives.

According to preliminary results shared by Costco executives at its annual meeting Thursday, more than 98% of shares voted against the proposal

Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.

Costco shareholders voted strongly against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, sending a message running counter to the intense scrutiny many such corporate policies face.

Costco's public stance in support of diversity, equity and inclusion programs contrasts with the positions taken in recent months by other big consumer brands, including Walmart, McDonald's and John Deere.

Shortly before his inauguration, Donald Trump enjoyed a final “victory rally” in Washington. On Sunday January 19, he addressed the crowd, gathered in the huge sports hall at the Capital One Arena.

Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices. Investors were expected to vote on the recommendation during the company’s annual meeting Thursday.

Costco shareholders voted down an anti-DEI proposal just days after President Trump issued sweeping new rules for federal agencies.

Costco is defying Donald Trump and conservative activists by sticking to its DEI policies The president-elect and his incoming administration have railed against diversity, equity and inclusion ...

Bulk grocer Costco is in the crosshairs of activist groups that are urging it to reconsider its diversity policies. But many customers don’t care.

Target is ending its diversity, equity and inclusion initiatives, becoming the first major US company to do so since President Donald Trump took office.

Discount store chain Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come under attack from conservative activists and,