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Stock impact report

Huge News for Dutch Bros Stock [Yahoo! Finance]

Dutch Bros Inc. (BROS) 
Company Research Source: Yahoo! Finance
The coffee shop and drink chain's stock is up 43% in the past month after posting huge growth in the third quarter. Investors are betting big on this West Coast consumer favorite and its expansion plans across the rest of the United States. Dutch Bros is coming for the coffee competition and proved yet again with these recent earnings results that it is a force to be reckoned with in the food and drink sector. Let's take a closer look at these third-quarter earnings and see whether Dutch Bros stock is a buy today. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » In Q3 of 2024, Dutch Bros revenue grew 27.9% year over year to $338 million. This was driven by a combination of 2.7% comparable store sales growth and 28 new shop openings in the quarter. The company now has 912 shops across the United States, with the majority on the West Coast. Compared to Starbucks -- one of its most formidable competitors -- Dutch Bros's r Show less Read more
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