A Costco board member has taken aim at companies rolling back diversity, equity and inclusion (DEI) policies, calling for businesses to “maximize” DEI instead as the wholesaler faces pressure to join the growing list of brands ditching the controversial practice.Jeff Raikes, co-founder of the Raikes Foundation and former CEO of the Bill & Melinda Gates Foundation, has served on Costco’s board of directors since 2008, according to Costco’s corporate website.Raikes and other board members have come under scru ...

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.Costco's move challenges the perceived popularity of anti-DEI proposals.Costco's board didn't mince words when it came to supporting the company's stance on diversity, equity, and inclusion — a move that openly challenges the staying power of DEI critics ahead of a new presidential administration that has been critical of the measures.A ...

Costco’s board of directors is urging shareholders to vote against a proposal that would eliminate the wholesale retailer’s diversity, equity and inclusion (DEI) program.“Our success at Costco Wholesale has been built on service to our critical stakeholders: employees, members, and suppliers. Our efforts around diversity, equity and inclusion follow our code of ethics: For our employees, these efforts are built around inclusion – having all of our employees feel valued and respected,” the board of directors ...

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-33106 Douglas Emmett, Inc. (Exact name of registrant as specified in its charter) Maryland 20-3073047 (State or other juri ...

Douglas Emmett, Inc. (NYSE:DEI) Q3 2024 Earnings Conference Call November 5, 2024 2:00 PM ET Company Participants Stuart McElhinney - Vice President of Investor Relations Jordan Kaplan - President & Chief Executive Officer Kevin Crummy - Chief Investment Officer Peter Seymour - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo & Company Alexander Goldfarb - Piper Sandler Companies Michael Griffin - Citigroup Inc. Jeffrey Spector - Bank of America Steve Sakwa - Evercore Inc. Rich ...

For the quarter ended September 2024, Douglas Emmett (DEI) reported revenue of $250.75 million, down 1.8% over the same period last year. EPS came in at $0.43, compared to -$0.08 in the year-ago quarter.The reported revenue represents a surprise of +2.44% over the Zacks Consensus Estimate of $244.78 million. With the consensus EPS estimate being $0.41, the EPS surprise was +4.88%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to FFO of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.88%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.43 per share when it actually produced FFO of $0.46, delivering a surprise of 6.98%.Over the last four quarte ...

TTIL 1 8 0 1 1 :41 THIRD QUARTER 2024 EARNINGS RESULTS & OPERATING INFORMATION Executive Summary We own and operate 18.0 million square feet of Class A office properties and 4,476 apartment units (excluding our residential development pipeline and the vacated Barrington Plaza units) in the premier coastal submarkets of Los Angeles and Honolulu. Quarterly Results: For the quarter ended September 30, 2024 compared to the quarter ended September 30, 2023: • Our revenues decreased by 1.8% to $250.8 million, pri ...

Remembering The Ultimate Example Of DEIIn a post two months ago (“The Ultimate Example Of DEI“) I pointed out what appeared to be an extraordinary example of Diversity, Equity, and Inclusion at Peloton Interactive, Inc. PTON. How Much More Qualified Can You Get? Peloton (PTON) is best known for its stationary exercise bikes, but it also has rowing machines. And–you would think–the best-qualified person to teach its rowing classes, Nick Mead, who just won an Olympic gold medal in rowing. But Peloton has Mead ...

Harley-Davidson cut its full-year revenue forecast as persistent inflation and weak demand in the wake of a consumer boycott that spurred it to drop diversity, equity and inclusion (DEI) programs took a toll on its balance sheet. The motorcycle maker said its sales in North America were down 10% and that it expects its full-year global shipments to be down 16% to 17%, compared with its prior forecast of a 7% to 10% decline.Harley-Davidson projected that its annual retail sales would be down 6% to 8%, after ...