Tag: Cold coffee sales hit record highs

Globally, an increasing number of consumers are showing a marked preference for cold coffee drinks, a trend that not only defies traditional seasonal patterns but is also setting record highs in sales throughout the year. This shift towards cold coffee beverages is underscored by Starbucks' announcement in its Q3 2023 financial report, which highlighted that cold beverages now make up an astonishing 75% of its sales in the US, indicating Cold coffee sales hit record highs. This phenomenon is not …