YOUR BUSINESS AUTHORITY
Springfield, MO
Cold beverage demand is high at Starbucks, accounting for 75% of the company's beverage sales in the U.S.
In the Aug. 2 earnings call, company founder Howard D. Schultz said the company single-handedly created the market for customized cold coffee beverages, and customers are creating their own customized beverages and sharing them on social media.
Shaken iced espresso drinks introduced last year have more than doubled since that time, and they are also taking off in China, Schultz said, adding that the opportunity represented by cold coffee is enormous.
Starbucks’ net revenue was $8.2 billion, up 8.7% year-over-year.
Read more from Food Business News.
A safe room and classroom addition at Willard Central Elementary School will be used by the music, arts and athletic programs for a district that had 4,536 students last year, according to Missouri Department of Elementary and Secondary Education figures, but school officials say enrollment is projected to grow.