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Coffee delivery is now a $1 billion business for Starbucks
CNBC· 2025-10-30 04:43
Coffee delivery has turned into a $1 billion business for Starbucks.The coffee giant said on Wednesday that its annual delivery sales crossed the milestone in fiscal 2025, which ended on Sept. 30. In the company's fiscal fourth quarter, delivery sales climbed almost 30% compared with the year-ago period, executives said.The growth of Starbucks' delivery initiative comes as the company's broader U.S. business embarks on a turnaround. Starbucks reported flat U.S. same-store sales in the fiscal fourth quarter, ...