Starbucks (SBUX): Huge Consumer Demand in China is Waiting to Be Unleashed
March 6, 2023
Starbucks (SBUX) has had great sales growth outside of China. A China rebound could really make sales and profits zoom higher.
Research Reports
Starbucks Could Be On its Way to Becoming a 15% to 20% Grower Again
January 2, 2023
Starbucks (SBUX) seems to be back on the road to high-teens annual profit growth. And a pick up in China could be the catalyst.
Starbucks (SBUX) Results Were Hampered By China COVID Closures
September 1, 2022
Starbucks (SBUX) delivered poor results last qtr, as China sales fell 40%. But we see 15% upside in the stock over the next year.
Inflation Hinder Starbucks’ (SBUX) Profit Growth Despite Strong Demand
June 10, 2022
Starbucks (SBUX) grew revenue a solid 15% last qtr, but COVID-19 closures in China, higher inflation, and labor costs cut into profits.
Starbucks Demand is Strong; Higher Costs Put Pressure on Profits
February 14, 2022
Global consumer demand for Starbucks (SBUX) is strong, but higher costs due to COVID are putting pressure on company profits.
Starbucks Continues to Deliver Strong Results Post-COVID
January 16, 2022
Comparable store sales for Starbucks (SBUX) in China were quiet; but comparable store sales in the US were strong
Starbucks Experiencing Powerful Momentum, Beyond Recovery
September 27, 2021
Starbucks (SBUX) is more of a digital company than it was 2 years ago, so profits could be better than we used to expect.
Is Starbucks Stock Overly Expensive With a 38 P/E?
July 2, 2021
Starbucks (SBUX) used to have a P/E between 28 and 32. Now, with a P/E of 28, SBUX seems overvalued. But I don’t so.
Starbuck’s is Expected to Have 63% Profit Growth Next Qtr
March 7, 2021
Starbucks (SBUX) had poor results the past 4 qtrs due to the pandemic. Now, profit growth is expected to return in a big way.
Starbucks Sees U.S. Sales Fully Recovered By Next Quarter
December 13, 2020
Starbucks (SBUX) see its stores in the United States fully recovered by next qtr. But wit ha P/E of 36, that news seems priced in.
Starbucks Could Be This Price a Year From Now
September 22, 2020
In a neverending theme of dead money, Starbucks (SBUX) stock might be this price one year from now.
Starbucks Lowers Profit Estimates Due to Coronavirus
June 4, 2020
Starbucks (SBUX) lowered profit estimates due to the Coronavirus. Let’s take a look at the new (lower) numbers.
Starbucks Closes then Reopens China Cafes Due to Coronavirus
February 27, 2020
Starbucks (SBUX) had to close some China locations due to the Coronavirus. Still, the long-term opportunity remains.
Starbucks Stock Might Go Nowhere For a Year — Or Two
December 18, 2019
Starbucks (SBUX) might go sideways for a year or two as slower profit growth means the P/E should come down a bit.
Starbucks Expects 2020 Profit Growth Less Than Ten Percent
September 5, 2019
Starbucks (SBUX) said it expects <10% profit growth in 2020. Meanwhile in real life, SBUX profits just grew 28%.
Starbucks on a Roll as Growth Accelerates
June 25, 2019
Starbucks (SBUX) is growing profits at a faster rate than we had expected, and the stock is on a roll because of it.
Do the Chinese People Prefer Starbucks or Luckin?
March 27, 2019
Starbucks (SBUX) is growing rapidly in China with 18% store growth the last year. But the company has stiff competition in Luckin Coffee.
China/Asia Pacific Sales Grow 41% at Starbucks
January 6, 2019
Starbuck’s (SBUX) is thriving in China, as sales jumped 41% last qtr. But don’t get your hopes up too much with SBUX stock, it’s not as fast a grower as it used to be.
Starbucks Management has its Head-in-the-Ground
September 5, 2018
Starbucks (SBUX) stock hasn’t moved in three years, but help has arrived as I’m going to explain how to get the stock moving again.
China is Driving Growth at Starbucks
June 11, 2018
China is proving to be a catalyst for Starbuck’s (SBUX) growth, as sales in the China/Asia Pacific region rose 54% from the same qtr a year ago.
Slowing Growth Keeps Starbucks Stuck in Neutral
March 5, 2018
Starbucks (SBUX) has had a case of slowing profit growth. So even though profits are growing double-digits the stock is stuck in neutral as the P/E has been in a slow decline.
Starbucks Looks to Continue its Sideways Move
January 20, 2018
Even though Starbucks (SBUX) has been building a base for more than two years, the stock still isn’t undervalued by my measures and looks to continue its sideways chart pattern.
Starbucks Has a Case of Deteriorating Fundamentals
September 26, 2017
Starbucks’ (SBUX) fundamentals are deteriorating, as in estimates have been on the decline. Also, growth has slowed. But, with a P/E of 23 this stock is nicely priced.
Starbucks Continues to Grind Out Profit Growth
July 17, 2017
Starbucks (SBUX) continues to grind out double-digit profit growth. Last qtr the company grew profits 15% helped by Mobile Order and Pay as well as China.
Is This a Good Time to Take Profits in Starbucks?
February 17, 2017
Starbucks (SBUX) hasn’t hit All-Time highs in almost a year. The stock is doing well, but other stocks are doing better. Is this a good time to take profits?
Starbucks’ CEO to Step Aside in April, But the Plan is Already in Motion
December 28, 2016
Starbucks’ (SBUX) CEO Howard Schultz is stepping aside in April, but the plans for Starbucks to conquer the world are already set in motion.
Is This As Cheap As Starbucks Will Get?
September 21, 2016
Starbucks (SBUX) is on a dip after posting light sales figures last qtr. At 24 times earnings, is the stock a good buy or will it get cheaper? Let’s dig into the numbers.
Starbucks Sees China as a Bigger Market than the U.S.
June 10, 2016
Starbucks (SBUX) sees the China market someday eclipsing the U.S., and that gives this core stock solid growth opportunity.
Starbucks Mobile Order Pay is a Hit for SBUX
January 31, 2016
Starbucks’ (SBUX) Mobile Order Pay is helping drive sales — and profits — for the coffee retailer.
Premium Coffee
December 16, 2015
Starbucks (SBUX) is growing at a high-teens rate, but at 33x earnings this stock is a bit rich.
Take a Breather
August 3, 2015
Starbucks (SBUX) is executing perfectly, but at 31x earnings after a 50% rise I think SBUX needs to take a breather.
Earnings
SBUX 2023 Q2
February 28, 2023
Starbucks (SBUX) is expected to report qtrly profits (EPS) and revenues:
Profits Estimates: $0.64 vs. $0.59 = +8%
Revenue Est: +10%