3 Stocks That Look Just Like Starbucks in 1992

3 Stocks That Look Just Like Starbucks in 1992

When Starbucks (NASDAQ: SBUX) went public 25 years ago, it was still a small company. Barely $93 million  in annual sales in 1992 generated just $4.1 million in profits, earned from a base of just 154 stores. But already, the seeds of growth were evident. In that year alone -- 1992 -- Starbucks' sales grew 62% from the year prior, and earnings were up 70% from 1991. Starbucks' store count had grown by 53 -- better than 50% growth.

Since then, Starbucks has grown into a coffee-brewing empire spanning more than 25,000 stores, with plans to open 12,000 more over the next five years. By then, say analysts, Starbucks could be earning more than $5 billion annually on sales of nearly $34 billion.

Are there any stocks out there today that resemble Starbucks in 1992? Polling our best investors here at the Fool, we came up with three good bets: Ulta Beauty (NASDAQ: ULTA), Proto Labs (NYSE: PRLB), and GrubHub (NYSE: GRUB).

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Source: Fool.com