USA: Starbucks CEO Tells Marriage Equality Haters to Sell Shares in Company

Written by scott on March 21st, 2013

StarbucksAre you a Starbucks Fan? Well, CEO Howard Schultz just gave us another reason to visit the ubiquitous coffee chain. Towleroad.com reports:

At the company’s annual meeting Wednesday, shareholder Tom Strobhar suggested that the boycott had indeed bled the company of value.”In the first fill quarter after this boycott was announced, our sales and our earnings — shall we say politely — were a bit disappointing,” he said.

CEO Howard Schultz shot back that the decision to back gay marriage was not about the bottom line, but about respecting diversity. He said the company had delivered a healthy return last year, boycott or no. “If 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,” he said, to loud applause from the audience.

Not to mention the fact that any given Starbucks in a rural area is the place to find progressive folks and the gays…

 

37 Comments so far ↓

  1. Leisa Onzo says:

    I’m so proud to work for a company that puts people, all people, first. Thank you!

  2. Joy Ashton says:

    I support Starbucks..what difference should it make if a person is gay or straight ??..people are people, some good some not so good…but that does NOT come from their sexual preferences.

  3. Angentprovokatur says:

    Google Tom Strohbar. He is a “financial adviser” and rabble rouser for the Religious Right”. His financial services site says:

    “His advocacy on behalf of morally responsible investing has earned Thomas the reputation as one of the best known investment professionals in his field. He has stood up to fight corporate involvement in pornography, abortion, and gay marriage by speaking at corporate meetings”
    (Apparently “moral” investing is also anti-progressive and conflates issues of pornography with Women’s Right to Choose and Marriage Equality”
    and further:
    “provides stock market screening information to a number of large professional organizations. This information helps Catholic dioceses and religious orders comply with the United States Catholic Conference of Bishops’ Investment Guidelines. This information has been helpful in avoiding companies involved in immoral business pursuits especially pornography and abortion. Evangelical groups have been especially appreciative where this applies to gambling and corporations that support gay marriage.”

    Financial Spokesman for the Pope apparently . . . .

  4. Randy Seck says:

    One of the last great company’s. Starbucks with Marriage Equality, and Cost Co. focusing on lowering turner over with better compensation…We need more of them, a lot more of them…

  5. ANGELA MOUTON says:

    I’m going to get a tall Americano right now. Thank you thank you Howard and Starbucks.

  6. rob johnson says:

    yeah, Howard Schultz, thanks for selling the Sonics, asshat.

  7. Simon Clark says:

    Howard Schultz’ stance is to be admired, however the company will have to reform its tax avoidance policies before most Britons will return

  8. Tyler Foxx says:

    Thank you, Starbucks, for your support. You’ve given me just one more reason to stop by on my way home from work today and flash my SB gold card, bringing me one star closer to my next FREE reward! I’m happy to pay for your products and the premium you charge in lieu of giving my money to other companies who don’t express their support or express their intolerance instead.

  9. adrian says:

    wow! I am only buying starbucks coffee from now on! I have to budget but I support those who support me and my partner! I will even go so far as to go work at a starbucks in some manner if needed and do it happily!

  10. Michael Reilly says:

    With a progressive CEO like Howard Schultz I think I might just have to buy some Starbucks stock :-)

  11. Rose Moyer says:

    I love Starbucks!!

  12. David L says:

    take THAT chik-fil-assholes!

  13. cole says:

    one more reason why i love this place!!

  14. Linda says:

    Way to go, I will go there more often.Thank you.

  15. Liralen Li says:

    I am so happy I own shares of this company and will happily keep them.

  16. Sheila Marmon says:

    Sweet! Proud to be a shareholder.

  17. Brandon says:

    Thanks Starbucks!!!! I Knew I felt at home when I was there! As a Gay American I can proudly hold my head up when I walk in the door <3

  18. Jan Nadin says:

    Suggest you proof read before posting to avoid faux pas like Sales and Earrings…..doesn’t really inspire confidence !!

  19. At this particular point in the history of human affairs, few things sound better to this soul than a Starbucks!

  20. Keleigh Hardie says:

    I’m sorry Tom is so disappointed in his earrings, maybe he should have invested in a jewelry chain in stead of a coffee shop.

  21. Tommy says:

    its great to see powerful people unafraid to do the right thing,thank you for that Mr Schultz

  22. Deb Farley says:

    Congrats to you and your company for doing this….dont understand why more companys have not done this..

  23. Gordy says:

    @ Randy Seck, Starbucks and Costco are both Seattle companies. Just 2 more reasons why the Pacific Northwest is God’s country. All Gods, might I add, even the male ones.

  24. Californian says:

    I stopped buying Starbucks for two reasons, one the right to choice; it is one thing for someone to murder people with guns, people get emotional and in a uproar over guns but they won’t become outraged with every murder of a child.

    The second is marriage. Marriage is not a progressive issue, it is an issue of what is right and wrong. I don’t have issues with gays have equal access to healthcare, and other benefits where they have been left on the short end of the deal.

  25. Anne Feeney says:

    now if you’d just let your workforce organize …..

  26. Jeanie F says:

    Don’t drink coffee, but will be buying frappucinos and gift cards from Starbucks after hearing of their very vocal support!

  27. joe says:

    I will be buying starbucks from now on!

  28. Steve Todd says:

    Awesome, awesome! I will increase my Starbucks purchases, to reward the CEO who puts principal above his bottom line. Please consider doing the same.

  29. Monty says:

    this makes me proud applauds starbucks

    but i am a dunkin fan america runs on dunkin i know it’s a post about starbucks but freedom of speech says i can say what ever

  30. Robert says:

    I’m a proud owner of Starbucks stock and had the FULL support of the store I worked at, the staff I worked with, and the company when I was half of the first same-sex couple in Alberta (and in Canada) to get a marriage license after it became federally legal. Some of my best friends are still from Starbucks and I’m proud to know the names of my baristas at my favourite store. Starbucks ROCKS!!

  31. im sorry are you all stupid? says:

    man you people are ignorant to the brim of a starbucks coofee cup. of course he’ll say that, and of course it means the bottom line, the man himself is probably disgusted by same sex marriage but he’s a businesman out to make money. if his company is suffering it’s his job to come in and clean up.

    “i’m going to be buying at starbucks now” fuck you. you are what is wrong with the world today.

  32. Trish says:

    I had a horrible experience at Starbucks a few years ago and haven’t been back since. But after reading this it is the first place I am going when I leave to run errands. GREAT JOB STARBUCKS!!

  33. Nick B says:

    Since when is marriage a religious thing? I don’t understand how people can say that gay people shouldn’t be allowed to get married because it violates their religion. Marriage has NOTHING to do with religion. All you need to get married is a court house and a signature. Besides, with the stats straight marriage has im surprised they have the guts to talk out on how godly and moral marriage is. Seeing how around half of all marriages end in divorce, throw in all the domestic disturbance calls that the police get (the most common police call), and add in the fact that you are most likely to be killed by your spouse. I think trying to say marriage is moral is just absurd. The only reason people are against it is because they are bigots. They have insecurities, and instead of sorting through it themselves, they take it out on other people by spewing hate and trying to take away peoples RIGHTS as HUMAN BEINGS. By saying gay marriage is morally wrong, and voicing their opinions, they are making themselves look more upstanding and righteous. Taking the heat off their own morale judgements. No one is without sin, and he who casts the first stone is usually the one with the real problems.

  34. dikstr says:

    I don’t care if cross-species marriage were the issue, Starbuck investors hired Schultz to put his energy and enthusiasm into the business, not to polish his progressive credentials at the expense of Starbuck’s bottom line.

  35. Chuck. says:

    Well,… For Me, it’s the old Coffee Pot and My Amora and Maxwell House fresh ground Coffee. Can’t stand Starbucks, Dunkin Donuts, or any other pre-brewed Coffee. I only check out this site to get a few laughs from the Pro’s & Con’s of the Gay and Lesbian crowd. I’m Straight, but have nothing against the same sex movement. As long as they’re having fun, let them be! Cheers!

  36. Betsy says:

    Glad to hear this, Harold Schultz, but let’s talk about gun control. Can’t believe that Starbucks is standing with the NRA!

  37. Don says:

    Maybe he should invest in a company like Cracker Barrel…they are extreme religious radicals

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