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Starbucks Corporation (SBUX) Q3 2021 Earnings Call Transcript

Operator Good afternoon. My name is Hector, and I will be your conference operator today. I would like to welcome everyone to Starbucks Coffee Company s Third Quarter Fiscal Year 2021 Conference Call. [Operator Instructions] I would now turn the call over to Greg Smith, Vice President of Investor Relations. Mr. Smith, you may begin your conference. Greg Smith Vice President, Investor Relations Good afternoon everyone. Thank you for joining us today to discuss Starbucks third quarter fiscal year 2021 results. Today s discussion will be led by Kevin Johnson, President and CEO; and Rachel Ruggeri, CFO. And for Q&A, we will be joined by John Culver, Group President, North America and Chief Operating Officer; Mike Conway, Group President, International and Channel Development; and Belinda Wong, Chairman and Chief Executive Officer, Starbucks, China.

All-new summer menu

Starbucks Introduces Oatly Oatmilk Nationwide in Spring Menu Launch

Starbucks Starting Tuesday, March 2, Oatly oatmilk will join Starbucks menu nationwide. Starting March 2, spring arrives at Starbucks with the debut of its latest menu, offering customers moments of joy and more   choices to fit their lifestyle and taste preferences. The menu includes adding a new line of non-dairy iced shaken espresso and the national launch of Oatly oatmilk to the majority of menus in U.S. company-owned stores. The new Iced Brown Sugar Oatmilk Shaken Espresso and Iced Chocolate Almondmilk Shaken Espresso are the perfect iced non-dairy duo that provide customers with more delicious plant-based beverages at Starbucks. And, with the national launch of oatmilk, customers now have a fourth non-dairy milk to customize their favorite Starbucks beverage (other non-dairy choices include soymilk, coconutmilk and almondmilk). Customers can also try oatmilk in the Honey Oatmilk Latte, which is now available to customers nationwide for the first tim

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