Starbucks (SBUX, quote) reports 2Q ’14 after the bell tomorrow. Earnings estimates from the street are 0.557c, and despite some heaviness in the stock, the overall outlook for the company remains impressive. Starbucks is a global company with a brand presence that allows it to compete anywhere. The stock has been mired in a five month slump since peaking on November 5th, 2013 at $82.00.
The challenges for the stock do not reflect the opportunities for the company. Starbucks is quietly growing in developed and developing markets globally and in many cases has higher margins and higher growth abroad than in the USA.