Starbucks Corporation (SBUX) Makes a Bakery Push

From stocknews.com

The Italian-style bakery will serve coffee that’s exclusive to its brand, as well as beer, wine, and spirits. The breakfast and lunch menu are chock full of specialty baked goods, as well as other fare inherent to those day parts.

“We do see lunch as the biggest opportunity,” noted spokesperson Sara Trilling.

Starbucks Corporation shares were trading at $51.80 per share on Friday morning, up $0.12 (+0.23%). Year-to-date, SBUX has declined -8.84%, versus a 6.83% rise in the benchmark S&P 500 index during the same period.

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