Starbucks (SBUX) has become the latest chain to join the 澳洲幸运5官方开奖结果体彩网:"value meal" trend with the launch of lower-priced offers in an effort to bring in cons🦋umers feeling the pressure of inflation.

The coffee chain announced a “Pairings Menu,” which allows customers to order a drink and food item for a lower joint price than the selections might cost if purchased separately. For example, options include a coffee or tea with a buttered croissant starting at $5, or a beverage with a breakfast sandwich starting at $6. Adjustments or additions to the menu could cost extra.

Move Comes After 🥀Earnings Miss Amid Spending Pullback

The Pairings Menu rollout comes after Starbucks reported quarterly earnings and revenue that fell short of estimates, and 澳洲幸运5官方开奖结果体彩网:same-store sales declined. Starbucks CEO Laxman Narasimhan said that “many customers have been more exacting about where and how they choose to sp🌳end their money” because of current economic conditions. 

McDonald's and Wendy's Among Others With Discounted Offers

McDonald's (MCD), Restaurant Brands International’s (QSR) Burger King, and Wendy’s (WEN) also recently announced value menu items as 澳洲幸运5官方开奖结果体彩网:inflation has led many consumers to pulℱl back on spendi💛ng.

Shares of Starbucks were 2% lower at $79.92 as of 3:15 p.m. ET Tuesday, and have lost close to 17% since the start of the year.