Starbucks CEO says if you don’t like marriage equality, invest your stocks elsewhere

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Starbucks CEO Howard Schultz continued to defend his support of marriage equality at the company’s shareholder meeting on Wednesday. 

Shultz said that “not every decision is an economic decision. The lens we use to make decisions is the lens of our people. We want to embrace diversity.” 

Shareholder Tom Strobhar pointed out a dip in sales after the National Organization for Marriage (NOM) launched its “Dump Starbucks” boycott last year.

“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.

To that fact, Schultz replied, “If you feel, respectfully, that you can get a higher return then 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.”

NOM’s boycott ended after two months due to an overwhelming show of support by marriage equality advocates who thanked the company for its position. 

Starbucks encouraged Washington voters to approve the marriage equality referendum last year, and recently joined 300 other companies in filing a brief to the Supreme Court encouraging the body to overturn the Defense of Marriage Act. 

429Magazine

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