Top

Bull Market News

  /  News   /  : Starbucks to launch a new Almondmilk Latte for the holidays

: Starbucks to launch a new Almondmilk Latte for the holidays

Starbucks Corp. has unveiled its holiday food and drink lineup, along with its festive cups, which will be available in the U.S. and Canada on Wednesday.

Starbucks
SBUX,
+1.50%

is bringing back the peppermint mocha coffee beverage, and introducing a new drink, the Iced Sugar Cookie Almondmilk Latte. Other beverages on the holiday menu include the Irish Cream Cold Brew and the Caramel Brulee Latte.

See: Starbucks is investing big in labor, which is putting pressure on margins and driving down shares but getting analyst support

Each cup is designed to look like gift wrapping with a gift tag providing space for a message.

The company is also offering a snowman-shaped cookie, sugar plum danish and other seasonal food items.

Starbucks reported last week fiscal fourth-quarter earnings that beat expectations but sales that fell short.

The company’s stock is up 4.2% for the year to date while the S&P 500 index
SPX,
+0.37%

has rallied 23.3% for the period.

Post a Comment