Taco Bell is testing a new cafe focused on its drinks [CNN]
Dutch Bros Inc. (BROS)
Company Research
Source: CNN
The newly opened concept in San Diego is called the Live Más Café, featuring a beverage-centric menu that includes milkshakes, coffees, fruity iced drinks and a take on a dirty soda trend with its trademark Mountain Dew Baja Blast. The prototype resembles a CosMc's, the year-old, McDonald's-owned concept that leans heavily into specialty beverages and snacks targeted at younger customers. For Taco Bell, the cafe marks an entrance into a category not only dominated by stalwarts like Starbucks and Dunkin' but also by quickly expanding chains Dutch Bros, Swig and Scooter's Coffee. “Taco Bell, like a lot of quick-service restaurant brands, recognizes the large opportunity in beverages,” according to R.J. Hottovy, head of analytical research at Placer.ai. “Beverage chains have been among the fastest-growing chains in the restaurant industry from a visitation standpoint the past two years.” He told CNN that beverage-led concepts attract younger consumers, and it could be a way for Taco
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BROS
News
- Traditional Fast Food Stocks Q3 Earnings: Dutch Bros (NYSE:BROS) Firing on All Cylinders [Yahoo! Finance]Yahoo! Finance
- Dutch Bros Inc. (NYSE: BROS) had its price target raised by analysts at JPMorgan Chase & Co. from $48.00 to $58.00. They now have an "overweight" rating on the stock.MarketBeat
- KFC opening spinoff restaurant Saucy this weekend: What to know [USA TODAY]USA TODAY
- Dutch Bros Expanding Faster Than You Can Say Iced Cofree [Forbes]Forbes
- Dutch Bros Inc. (NYSE: BROS) had its "outperform" rating re-affirmed by analysts at William Blair.MarketBeat
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