Starbucks’s CEO and board chairwoman are expected to address shareholders by noting the brand’s resolve in operating in difficult times. “We face a complicated operating environment, and some challenging headwinds that will take some time to resolve,” CEO Laxman Narasimhan said in prepared remarks expected to be delivered to shareholders. Consumers in the U.S. and Europe are grappling with difficult pressures, making value particularly important for brands. Narasimhan said that the company has the right team and plan in place to move forward.