Starbucks Corp. (NAS:SBUX) said Monday that new non-dairy beverages, including those made with Oatly oatmilk, are going nationwide on Tuesday. The Iced Brown Sugar Oatmilk Shaken Espresso and Iced Chocolate Almondmilk Shaken Espresso are the latest menu additions. The Honey Oatmilk Latte will be available across the country for the first time. And customers will now have the option to add Oatly oatmilk to their drinks, along with soymilk, coconutmilk and almondmilk. Oatly's parent company, Havre Global AB, announced last week that it had confidentially filed to go public. Also for spring, Starbucks is adding an iced pineapple matcha drink, and the Pink Drink, a strawberry açaí beverage made with coconutmilk. Starbucks shares are up 37.7% over the past year, outpacing the S&P 500 index (S&P:SPX) , which is up 29% for the period.
March 1, 2021, 9:00 a.m. EST