Starbucks CEO Howard Schultz Weighs In on Election; Jim Cramer Weighs In on Starbucks
Starbucks' CEO is anxious over the election, and Jim Cramer wonders how much of that is weighing on consumers.
Starbucks (SBUX) - Get Report CEO Howard Schultz is anxious about the election, and TheStreet's Jim Cramer is pondering whether anxiety is keeping consumers from buying Starbucks coffee. Over the weekend, Schultz wrote in a blog post about the overall divisive tone of the presidential campaign, and during an earnings conference call last week, Schultz mentioneded a high degree of uncertainty. Cramer says one reason behind Stabucks' challenging same-store growth in the U.S. is that consumers seem to want to spend more time at home these days.
