Tag #Costco

cnn.com
🌐 85% Global Worthiness
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18,000 Teamsters Threaten Historic Costco Strike

Approximately 18,000 Teamsters union members at 56 Costco stores across six states are poised to strike on Saturday, demanding improved wages, benefits, and workplace protections, potentially creating the largest retail strike in US history. Negotiations are ongoing, but the union is prepared to pic...

Progress

44% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 85% Global Worthiness
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State Attorneys General Warn Costco to End DEI Policies

Nineteen state attorneys general, echoing President Trump's executive order banning DEI from federal agencies, warned Costco to end its DEI policies, threatening legal action if the company doesn't comply within 30 days; Costco shareholders recently rejected a proposal to assess the risks of their D...

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56% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
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Menendez Family Meets with DA Amidst Resentencing Discussion

L.A. County District Attorney Nathan Hochman met with several Menendez family members last Friday to discuss a possible resentencing for brothers Eric and Lyle, prompting speculation about potential legal and political implications.

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68% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 75% Global Worthiness
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Costco Stock Surges 39% in 2024, but Renewal Rates Pose a Risk

Costco's stock price increased by nearly 39% in 2024, exceeding market performance due to strong customer traffic, membership growth, and successful private label expansion; however, future growth depends on maintaining membership renewal rates and successful global expansion.

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48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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FDA Issues Class I Recall of Costco Eggs Over Salmonella Fears

Handsome Brook Farms recalled 10,800 units of Kirkland Signature Organic Pasture Raised 24-Count Eggs sold at 25 Costco stores across five states due to potential salmonella contamination; the FDA upgraded the recall to Class I, its highest risk level, although no illnesses have been reported.

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52% Bias Score

Good Health and Well-being
cnbc.com
🌐 85% Global Worthiness
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Costco Q1 FY2025 Beats Expectations, Driven by Strong Membership Growth and Margin Expansion

Costco's first-quarter fiscal year 2025 results exceeded expectations, with total revenue hitting $62.15 billion and earnings per share reaching $4.04, driven by increased traffic, membership growth, and margin expansion; this outperformance highlights Costco's strong market position and value propo...

Progress

48% Bias Score

No Poverty
forbes.com
🌐 85% Global Worthiness
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Costco Faces Legal Challenge Over DEI Programs

Nineteen state attorneys general sent Costco a letter demanding they end their DEI programs, following Costco's shareholder vote to maintain them, creating a legal battle over the future of corporate DEI initiatives.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Costco Rejects Shareholder Proposal to Review DEI Program Risks

Costco's board rejected a shareholder proposal to review the business risks of its DEI programs, citing the programs' positive impact on innovation and customer satisfaction, contrasting with other companies that have scaled back DEI initiatives.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Costco Defends DEI Initiatives Amidst Activist Pressure

Faced with a shareholder proposal demanding assessment of risks associated with its diversity, equity, and inclusion (DEI) initiatives, Costco's board unanimously rejected it, contrasting with other companies that have reduced their DEI efforts; the final decision rests with shareholders voting in J...

Progress

36% Bias Score

Gender Equality
forbes.com
🌐 75% Global Worthiness
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Costco Rejects Shareholder DEI Risk Proposal, Reaffirms Commitment to Inclusion

Costco's board rejected a shareholder proposal questioning the financial risks of its DEI policies, emphasizing its commitment to inclusion and aligning with its mission, despite concerns raised about potential lawsuits and reputational damage; FY24 data shows opportunities for increased representat...

Progress

60% Bias Score

Gender Equality
dailymail.co.uk
🌐 85% Global Worthiness
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Retail Giants Warn of Price Hikes Due to Trump Tariffs

Costco and Best Buy executives warn of potential price hikes in 2024 due to President Trump's proposed tariffs on imported goods from China and Mexico, impacting various consumer products and potentially slowing economic growth.

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40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Costco Stock Hits Record High Amidst Bullish Analyst Ratings

Costco's stock hit a record high of $992.61 on Friday, up over 50% year-to-date, outperforming the S&P 500; analysts maintain bullish ratings despite high valuation, citing strong membership model and growth prospects.

Progress

44% Bias Score

Decent Work and Economic Growth