China/Asia Pacific Sales Grow 41% at Starbucks

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.

China is Driving Growth at Starbucks

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

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

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.

Is This As Cheap As Starbucks Will Get?

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.