HomeAbout

TL;DR CNBC


Starbucks olive oil-infused Oleato drinks to launch across the U.S. - TL;DR CNBC

Starbucks olive oil-infused Oleato drinks to launch across the U.S.

Publishing timestamp: 2024-01-29 12:30:59


Summary

Starbucks is launching its olive oil-infused drinks, called Oleato, in all U.S. stores. The drinks were initially met with negative reviews but are now being expanded nationwide. The line includes latte and iced espresso drinks, as well as a vanilla sweet cream infused with olive oil. The launch coincides with Starbucks' fourth-quarter earnings report as the company aims to sustain sales growth in its North America unit.


Sentiment: MIXED

Tickers: SBUX

Keywords: retail industryfood and drinkhoward schultzunited statesbreaking news: businessstarbucks corpbusiness newsrestaurantsitalylifestyle

Source: https://www.cnbc.com/2024/01/29/starbucks-oleato-olive-oil-drinks-launch-across-the-us.html


Developed by Leo Phan