Starbucks (NASDAQ: SBUX) is betting that its customers are getting hungry. The coffee giant has expanded the rollout of a new food menu to include the cities of Portland, Spokane, and Seattle after covering much of California earlier in the year.
In the video below, Fool contributor Demitrios Kalogeropoulos says that Starbucks is hoping to get sales growth out of an enhanced food offering, while also fending off rivals like McDonald's (NYSE:MCD) and Dunkin' Brands (NASDAQ:DNKN) in the process.
Fool contributor Demitrios Kalogeropoulos owns shares of McDonald's. The Motley Fool recommends McDonald's and Starbucks. The Motley Fool owns shares of McDonald's and Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.