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Tue Mar 31, 2015, 02:19 PM

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 company’s support of homosexual marriage. He explained that the company’s stance affected shareholder earnings after Starbucks backed efforts to legalize same-sex “marriage” last year. The company’s 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 don’t 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, it’s a free country. You can sell your shares in Starbucks and buy shares in another company. Thank you very much.”

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Reply Starbuck’s CEO Just Made A Shocking Announcement That Has Christians Standing Up For Their Faith [View all]
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