Nov. 3, 2021, 2:54 p.m. EDT

Starbucks to launch a new Almondmilk Latte for the holidays

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By Tonya Garcia

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 /zigman2/quotes/207508890/composite SBUX +0.62% 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 5% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.89% has rallied 24% for the period.

/zigman2/quotes/207508890/composite
US : U.S.: Nasdaq
$ 96.31
+0.59 +0.62%
Volume: 13.44M
Jan. 21, 2022 4:00p
P/E Ratio
27.20
Dividend Yield
2.04%
Market Cap
$112.99 billion
Rev. per Employee
$75,872
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/zigman2/quotes/210599714/realtime
US : S&P US
4,397.94
-84.79 -1.89%
Volume: 3.20B
Jan. 21, 2022 4:52p
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