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Showing Original Post only (View all)Starbuck’s CEO Just Made A Shocking Announcement That Has Christians Standing Up For Their Faith [View all]
http://qpolitical.com/starbucks-ceo-just-made-a-shocking-announcement-that-has-christians-standing-up-for-their-faith/#.VRofETBVBSY.facebook
Starbucks has always been very intentional in vocalizing their support of legalizing same-sex marriage. Recently, Starbucks CEO Howard Schultz, made a startling announcement at their annual shareholder meeting in Seattle, Washington.
During the meeting, founder of Corporate Morality Action Center, Tom Stobhar, expressed concerns about the companys support of homosexual marriage. He explained that the companys stance affected shareholder earnings after Starbucks backed efforts to legalize same-sex marriage last year. The companys announcement had resulted in boycotts against the billion-dollar coffee franchise.
Trobhar stated,
In the first full quarter after this boycott was announced, our sales and earnings shall we say politely were a bit disappointing.
Starbucks CEO, Howard Schultz, promptly rebounded after Trobhar and replied,
Not every decision is an economic decision. Despite the fact that you recite statistics that are narrow in time, we did provide a 38% shareholder return over the last year. I dont know how many things you invest in, but I would suspect not many things, companies, products, investments have returned 38% over the last 12 months. Having said that, it is not an economic decision to me. The lens in which we are making that decision is through the lens of our people. We employ over 200,000 people in this company, and we want to embrace diversity of all kinds. If you feel, respectfully, that you can get a higher return than the 38% you got last year, its a free country. You can sell your shares in Starbucks and buy shares in another company. Thank you very much.
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Starbuck’s CEO Just Made A Shocking Announcement That Has Christians Standing Up For Their Faith [View all]
Skidmore
Mar 2015
OP
The sales slump had nothing to do with this type of investigative reporting?
proverbialwisdom
Mar 2015
#19
Read about food served to undergrads at Ivy League schools including those w "food chemistry" depts.
proverbialwisdom
Mar 2015
#55
Apple K Kosher and Star-K Kosher Certified products are required to be GMO-free.
proverbialwisdom
Mar 2015
#60
And, by the way, she bridges the gulf between peer-reviewed studies and the public. Read PEW/NRDC.
proverbialwisdom
Mar 2015
#58
A guy in my town that roasts his own coffee (and it's delicious) told me SB over-roasts
AllyCat
Apr 2015
#83
I added a video of the CEO's response in post 45. It's definitely a nice retort.
fishwax
Mar 2015
#47
Reason Starbucks is tanking has nothing to do with their stance on Marriage Equality.
LynneSin
Mar 2015
#17
Got the address....planning on visiting NY and am looking for good places to eat.
Lochloosa
Mar 2015
#28
The guy in the article is an anti gay religious nut, the Starbuck's guy in the article points to a
Bluenorthwest
Apr 2015
#78
This happened two years ago and you never heard about it. Some marketing ploy.
Bluenorthwest
Apr 2015
#81
A 38% return is just not enough for me, so make gays miserable and offend everyone but nutters.
merrily
Mar 2015
#53