3 Must-Know Dutch Bros Facts for Investors

Just like the caffeinated beverages that it sells, Dutch Bros (NYSE: BROS) has done a great job energizing investor portfolios. Since the start of November, shares of the coffeehouse chain have surged 57%, driven by renewed market optimism.This consumer discretionary stock has taken a tiny breather recently. And it currently trades 31% below its all-time high from November 2021. If you're looking to buy the dip, you need to know these three things about Dutch Bros.In the three-month period that ended Sept. 30, Dutch Bros posted a 28% year-over-year revenue jump. That was partly supported by same-store sales rising 2.7%. But it was mostly attributed to the business opening 38 net new stores during the quarter, with plans to end 2024 having opened 150 locations in the 12-month time frame.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool