Starbucks grew into a multibillion-dollar coffee business selling hot java. But today, cold drinks are hotter than ever at that coffeehouse chain."We're particularly encouraged to see cold espresso beverages were up 13% year over year,"Cold foam, in fact, is the fastest-growing add-on at Starbucks, he said. Add-ons, also known as modifiers – such as sugary pumps of syrups, extra espresso shots, and sauces – are a $1 billion business for Starbucks.
, said the chain has rolled out"faster and easier to use" portable handheld cold-foam blenders to all company-operated cafes in the US. He called it one of the fastest equipment rollouts made in the US. That's led to record check averages, which Ruggeri said"drove the highest average weekly sales in our company's history, surpassing the all-time high set during holiday in the first quarter of fiscal year 2023."