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Oct. 22, 2019, 9:40 a.m. EDT

Starbucks Delivers expands to 16 U.S. markets

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By Tonya Garcia

Starbucks Corp. /zigman2/quotes/207508890/composite SBUX +0.81% announced that it is expanding its delivery service to Atlanta, Denver, Phoenix, Philadelphia, and New Jersey. It's also making the service available to more parts of the New York City metro area. Starbucks has partnered with Uber Eats /zigman2/quotes/211348248/composite UBER +0.48% since late 2018 on the delivery service. Starbucks aims to make delivery available nationally in early 2020. Delivery is also available in markets around the world including China, the U.K., Vietnam and Canada. Starbucks stock is up 43.6% for the past year while the S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.20% has gained 9.2% for the period.

/zigman2/quotes/207508890/composite
US : U.S.: Nasdaq
$ 82.43
+0.66 +0.81%
Volume: 5.83M
Nov. 11, 2019 4:00p
P/E Ratio
28.17
Dividend Yield
1.99%
Market Cap
$96.86 billion
Rev. per Employee
$86,863
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/zigman2/quotes/211348248/composite
US : U.S.: NYSE
$ 27.14
+0.13 +0.48%
Volume: 41.45M
Nov. 11, 2019 6:30p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$46.07 billion
Rev. per Employee
N/A
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/zigman2/quotes/210599714/realtime
US : S&P US
3,087.01
-6.07 -0.20%
Volume: 1.41B
Nov. 11, 2019 5:04p
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