NEW YORK (TheStreet) -- Shares of Starbucks (SBUX) closed up by 1.33% to $52.97 on Tuesday after the coffee chain said that it is expanding its mobile ordering service to 21 states in the southern and central U.S.
Starting today customers are able to order and pay ahead for their beverages on the new mobile ordering app at more than 4,000 locations.
"We can have fairly long lines in the morning and it's such an awesome option for customers looking to run in and out if they're running late," Starbucks store manager Jesse Wenkoff-White said in the company's post. "I've had so many people tell me how convenient and easy it is. Our customers that use it absolutely love it."
The Seattle-based company first began its pilot program in Oregon in 2014, allowing customers to place pickup orders from its mobile app. The service officially launched in the Pacific Northwest in March 2015.
While only Apple (AAPL) iPhone users can use the app for now, Starbucks plans to roll an app out for Android users later this year.
Separately, TheStreet Ratings team rates STARBUCKS CORP as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
"We rate STARBUCKS CORP (SBUX) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins."