Skip to comments.Howard Schultz to Anti-Gay-Marriage Starbucks Shareholder: 'You Can Sell Your Shares'
Posted on 03/22/2013 6:45:19 PM PDT by SoFloFreeper
At Starbucks annual meeting in Seattle on Wednesday a shareholder complained to the chief executive, Howard Schultz, that the company had lost customers because of its support for gay marriage...
In the first full quarter after this boycott was announced, our sales and our earnings, shall we say politely, were a bit disappointing, said the shareholder, Tom Strobhar, whom the Huffington Post identifies at the founder of the anti-gay marriage Corporate Morality Action Center.
Was Schultz taken aback? Not in the least. He responded, 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...we want to embrace diversity. Of all kinds.
At that point the audience interrupted in cheers and applause. Then Schultz concluded, 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. More cheers.
...its impressive to see a CEO think about more than the bottom line and get cheered by his shareholders for it.
(Excerpt) Read more at forbes.com ...
I'll tell you this: I think I am done with Starbucks.
Or I hope Mr. Strobhan, who merely thinks MORALITY is important in life and that sodomy and the promotion thereof is NOT MORAL, keeps buying shares of Starbucks until he can get enough power to fire Schultz.
Ladies and gentlemen, the darkness of sin is closing in--but we are called to be Light. Part of my light will be to not give my hard earned money to Starbucks. Take that $5 and give it to the National Organization for Marriage. Or to another conservative cause.
Drink a $1 cup of Folgers instead.
He wants people to sell their shares so they won’t have ownership standing anymore to sue him (for wasting cirpirate assets, fraud on shareholders, misappropriation of corporate assets for private purposes, breach of fiducuary duty, etc).
I’ve been done with it for a while now. I hope this company goes out of business.
i am not a huge coffee drinker, and maybe i am wrong, but it seems to me how you brew the coffee is more important than the beans.
i get a basic french vanilla or hazelnut from my grocery store line but i use the aeropress coffee maker and have the water at a certain temp, and they are great tasting mugs of coffee.
I have the great fortune to announce I’ve never bought anything from Starbucks. Especially their Bullsh##.
Then it’s time for Starbucks to do the marketplace a favor. Die. Fade into insignificance, Whither away. Go extinct. A lot of other corporations who value political posturing over returning value to shareholders need to do the same as well.
we want to embrace diversity. Of all kinds.
Why would I patronize Starbucks? Their coffee and other products are way over-priced, and their founder and CEO is a left winger. Two outstanding reasons never to stop at a Starbucks.
Freep-mail me to get on or off my pro-life and Catholic List:
Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of general interest.
The world is adopting the life of Sodom and will be punished for it.
It is beyond my understanding to see so many seemingly sane people accepting this perverted lifestyle.
WTF is going on? Has Satan suddenly come out into the light?
How was the CEO not thinking about the bottom line? He cited the 38% figure twice, unprompted.
Did the writer of the article also dish out equal praise for the Chick Fil A traditional marriage stance? After all, that was independent of the bottom line also.
Starbucks has studied at the, ‘JC Penney Skool-o-Bidness’, I see.
Good for them. *SMIRK*
I haven’t been to a Starbucks in years. It sucks.
If all those people cheering want to see their shares continue to drop in value, keep cheering and Starbucks will be known as a gay hangout. I’d advise anyone to sell their shares.
There are folks in churches who are also going for this programme.
Amen, Bro. Preach it!
Not buying their products any longer. Even when I see them at Walmart etc. How far we have come in a society to where we now see the officers of a company talk this disrespectfully to it shareholders. Don’t buy their products; use that as your voice.
An unmistakably clear warning. Thank you.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.