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Starbucks CEO: If You Don’t Like Our Support For Marriage Equality “Buy Shares In Another Company”

schultz-starbucksIf you feel, respectfully, that you can get a higher return than the 38 percent you got last year, it’s a free country. You can sell your shares of Starbucks and buy shares in another company. Thank you very much.

Not every decision is an economic decision—the lens we use to make decisions is the lens of our people.”

—Starbucks CEO Howard Shultz, responding to a shareholder’s complaint that sales dipped after the company announced its support for marriage equality, at a recent shareholders meeting. Shultz’s comments were met with thunderous applause by shareholders and Starbucks staffers at the meeting.

Source: KPLU  via Towleroad. Photo: University of Denver/Flickr

By:           Dan Avery
On:           Mar 21, 2013
Tagged: , , , , ,

  • 18 Comments
    • Charles175
      Charles175

      Unlike NOM and their other dinosaur ilk, history will look favorably upon this forward thinking company.

      Mar 21, 2013 at 1:09 pm · @ReplyReply to this comment ·
    • Shadeaux
      Shadeaux

      I’m going to Starbucks RIGHT NOW!

      Mar 21, 2013 at 1:22 pm · @ReplyReply to this comment ·
    • GayTampaCowboy
      GayTampaCowboy

      So, if you were like me looking for a reason to justify paying $6.00 for a cup of coffee……just read this CEO’s quote!

      Mar 21, 2013 at 1:26 pm · @ReplyReply to this comment ·
    • Cam
      Cam

      Stopping at Starbucks on my way home. Be interesting to see in 10 which company has grown and which has shrunk between Starbucks and Chik Fil Et. ;)

      Mar 21, 2013 at 1:27 pm · @ReplyReply to this comment ·
    • Tommysole
      Tommysole

      He may have done it to boost stock, boost sales, or to make himself look good. I fo r one, cant stand their coffee, I prefer Woods coffee or am/pm.
      Although in the summer I like to sit at the starbucks and show off my legs in my sluts shorts and high heels.

      Mar 21, 2013 at 2:47 pm · @ReplyReply to this comment ·
    • MuscleModelBlog.com
      MuscleModelBlog.com

      @Cam:

      It will be interesting to see how Chik-Fil-A fares in the coming years. From what I understand, they profits actually INCREASED after it was made clear that they do not support equality. They have a conservative customer base that seems want to support the company even more now it’s clear the society is slowly turning against them. It’ll be interesting to see what happens…

      Mar 21, 2013 at 3:03 pm · @ReplyReply to this comment ·
    • Dakotahgeo
      Dakotahgeo

      Finally, another of very few corporations I can actually support! I don’t really like their coffee (or the high prices), but they have recently come out with a milder coffee that’s perfect! Keep up the good work, Starbucks!

      Mar 21, 2013 at 4:25 pm · @ReplyReply to this comment ·
    • hf2hvit
      hf2hvit

      @Tommysole: If what you say about am/pm is true, I don’t doubt your last sentence…

      Mar 21, 2013 at 9:09 pm · @ReplyReply to this comment ·
    • DirtyOleMan
      DirtyOleMan

      I knew there was a reason why I pay so much for their coffee

      Mar 21, 2013 at 11:55 pm · @ReplyReply to this comment ·
    • DarkZephyr
      DarkZephyr

      @Tommysole: Uh, you noticed that stock DIPPED when he made the announcement, right?

      Mar 22, 2013 at 12:41 am · @ReplyReply to this comment ·
    • Caliban
      Caliban

      He said this in response to a complaint by a man who has a history of standing up at shareholder’s meetings to complain about the company’s pro-gay policies. He’s done it at Target, Bank of America, and others. He may or may not be connected to NOM, but they’ve certainly talked about them in their press releases.

      So in other words, the Starbucks CEO gave a great response to a well-known anti-gay shit bird.

      Mar 22, 2013 at 1:06 am · @ReplyReply to this comment ·
    • Dionte
      Dionte

      I knew that $10 I put on the passport card on my iphone was gonna come in handy.

      Mar 22, 2013 at 2:44 am · @ReplyReply to this comment ·
    • Geoff B
      Geoff B

      There are other factors that affect their stock price. Eventually it’ll even out. They are on the right side of history and I believe they’ll be rewarded for it.

      Mar 22, 2013 at 4:14 am · @ReplyReply to this comment ·
    • stanhope
      stanhope

      I was thrilled to read this!!!! I do go to Starbucks and now I have an additional reason to increase the frequency. Not only did he support equality but he did so in no uncertain terms. I wish other CEOs had the gumption to be so aggressive in their support. TEAM STARBUCKS forever.

      Mar 22, 2013 at 5:12 am · @ReplyReply to this comment ·
    • KARUADAM
      KARUADAM

      VIVA Starbucks, Go for it baby, white Christian, republican should be exterminated in concentration camps!! I KNOW ALL ABOUT GASSSSS!!.

      Mar 22, 2013 at 9:11 am · @ReplyReply to this comment ·
    • hudson
      hudson

      @hf2hvit: that’s funny! was thinking same thevthing.

      Mar 22, 2013 at 10:33 am · @ReplyReply to this comment ·
    • Polaro
      Polaro

      I have an continue to be a loyal Starbucks customer. This is only one of the reasons why.

      Mar 22, 2013 at 4:26 pm · @ReplyReply to this comment ·
    • Stache1
      Stache1

      @KARUADAM: What a idiotic thing to say.

      Mar 22, 2013 at 8:50 pm · @ReplyReply to this comment ·

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