Dutch Bros Shares Surge on This Potential Growth Driver. Is It Too Late to Buy the Stock? [Yahoo! Finance]
Dutch Bros Inc. (BROS)
Company Research
Source: Yahoo! Finance
The stock is now up more than 40% on the year as of this writing. The question on investors' minds is, can this momentum continue, or is it too late to buy the stock? Let's take a closer look at the company's most recent earnings and long-term prospects to help answer this question. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Last quarter, investors shrugged off a strong quarter from Dutch Bros after the company announced it was recalibrating its real estate model to make sure it was developing the best sites. However, this quarter's strong results were met with cheers from investors as the company said it will accelerate its store openings in 2025 and 2026. For its third quarter, revenue jumped 28% year over year to $338.2 million, beating the analyst consensus of $325.1 million. Adjusted earnings per share climbed 14% to $0.16, which was above the $0.12 analyst estimate. Same-store sales increased 2.7%, with c
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BROS
News
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- Do You Think Dutch Bros (BROS) Will Be Able to Generate 30% Earnings Growth? [Yahoo! Finance]Yahoo! Finance
BROS
Earnings
- 11/6/24 - Beat
BROS
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- BROS's page on the SEC website