When it comes to investing in restaurant stocks, investors are always on the lookout for the next Chipotle Mexican Grill (CMG 3.38%) or Starbucks (SBUX 2.44%), two of the biggest winners in the space over the past 15 to 30 years. These two stocks would have created a lot of millionaires out of investors who bought them in their early days as public companies and held on to the stocks.Let's look at two stocks that could follow these two iconic restaurants and be the next millionaire-making restaurant stocks. ...

Have you been paying attention to shares of Dutch Bros (BROS) ? Shares have been on the move with the stock up 51.4% over the past month. The stock hit a new 52-week high of $52.98 in the previous session. Dutch Bros has gained 66.2% since the start of the year compared to the 24.6% move for the Zacks Retail-Wholesale sector and the 6.5% return for the Zacks Retail - Restaurants industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ea ...

The U.S. restaurant industry has grown at a solid pace over the past couple of years even though prices posed a major challenge for both consumers and operators. Higher personal income and spending have been the major factors driving sales amid inflationary pressures.Last week, the Commerce Department reported that restaurant sales grew at a solid pace in October, and is on track to end the year on a high.Given the positive outlook, investing in restaurant stocks, such as CAVA Group, Inc. (CAVA) , Dutch Bro ...

餐厅和食品行业整体情况 - 2024年餐厅和食品类股票表现不佳[1] 荷兰 Bros公司情况 - 荷兰 Bros公司股票在过去一个月上涨43% 第三季度实现大幅增长后投资者对其扩张计划充满信心[1] - 2024年第三季度公司营收同比增长27.9%达到3.38亿美元 这得益于同店销售额增长2.7%以及本季度新开28家店铺 公司目前在美国拥有912家店铺 多数位于西海岸[3] - 与星巴克相比 荷兰 Bros公司业绩更好 星巴克最近一个季度同店销售额负增长7% 总交易量下降8% 而荷兰 Bros公司虽然规模远不及星巴克 但部分流失的星巴克顾客可能转向了荷兰 Bros[4] - 荷兰 Bros公司创新的得来速模式 热情的员工和创意饮品受年轻顾客欢迎 这有助于长期建立品牌和寻找忠实顾客[5] - 公司未来十年有很大的开店增长机会 管理层认为可在美国开设4000家店铺 是现有店铺数量的4倍多[6] - 部分店铺将采用特许经营模式 上季度末公司有300家特许经营店和612家直营店 直营店利润率约为30% 特许经营收入为高利润的许可费 公司整体单位经济效益稳固 随着规模扩大 未来几年利润率有很大提升空间 过去12个月公司营业利润率约为8%[7][8] - 公司股票本月上涨43% 过去12个月上涨超过80% 市值约为75亿美元 市盈率为168 虽然市盈率乍一看极高 但公司目前盈利微薄且仍有很长的增长期[9] - 假设公司达到4000家店铺 按照每家店铺年销售额250万美元计算 总销售额将达100亿美元 若净利润率为15% 则年收益为15亿美元 对应的市盈率约为5 与目前75亿美元的市值相比[10][11] - 股票目前估值溢价 但如果相信公司品牌和扩张战略 长期持有股票将会有不错的收益[12]

荷兰兄弟（Dutch Bros）公司 - 运营950家售卖咖啡和其他饮品的门店速度与客户服务是重点业务正在快速扩张门店数量2020年底至今门店数量增长超一倍 [2] - 管理层认为未来10 - 15年可开设至少4000家门店达到当前规模的四倍多届时营收和盈利将显著提高 [3] - 作为咖啡连锁店常被拿来与星巴克作比较星巴克有40000多家门店有强大的全球品牌影响力 [4] - 若能达成开店目标品牌将更广泛被认知在采购供应营销和寻找合适房产方面可能获得优势 [5] - 目前股价与销售额比率（P/S）为3.8 [12] 卡瓦（Cava）公司 - 管理层认为到2032年在美国可开设1000家门店较目前352家增长184% [6] - 最近一个财季同店销售额增长18.1%门店利润率25.6%净收入飙升162.9% [7] - 作为专注于地中海美食的休闲快餐连锁店常被拿来与Chipotle Mexican Grill作比较Chipotle有3600多家门店有强大品牌定价能力和同店销售额持续增长能力 [8] - 若能执行门店扩张计划可能形成自己的经济护城河成为高质量企业利润可能上升 [9] - 目前股价与销售额比率（P/S）为21.3 [12] 两者比较 - 今年这两家公司股价表现均远超标准普尔500指数可能吸引投资界关注 [1] - 目前都未形成经济护城河在竞争激烈的餐饮行业中规模较小投资者应质疑其持久竞争力 [10] - 对于寻求有增长潜力的餐饮股的投资者来说两者都可列入观察名单 [11] - 仅从估值角度考虑荷兰兄弟公司更适合加入投资组合 [12]

文章核心观点 - 荷兰兄弟公司（Dutch Bros）股票可能比乍看之下更具价值投资者可考虑买入[1][2][3] 公司业绩表现 - 公司在执行长期增长战略方面表现良好，过去一年季度营收同比增长保持在30%左右，第三季度营收同比增长降至28%[4] - 2023年第一季度以来同店销售额连续七个季度增长，第三季度同比增长2.7%，公司预计2024年同店销售额将增长约4.25%[5][6] - 公司净收入从去年同期的1340万美元增长至2170万美元[9] 公司增长机会 - 公司在仅18个州运营不到1000家门店，增长潜力巨大[7] - 公司90%的门店推出了移动点餐服务，截至10月31日已产生280万笔交易，荷兰奖励计划（Dutch Rewards program）的发展也有助于推动同店销售额增长[8] 公司股票价值 - 公司股票市盈率为169，但考虑到公司处于成长初期，估值可能并非过高[2] - 公司股价自11月6日财报发布以来上涨了39%[1] - 公司市销率（P/S）为3.81，低于其他领先餐饮企业，如Chipotle Mexican Grill的7.44和Cava的20[11]

The S&P 500 is up 25% this year and continues to hit new highs. It's a time of confidence in the economy and excitement in the future. However, it means that it's getting harder to find great deals in the market. As the market goes higher, valuations are starting to look inflated.Warren Buffett recently reiterated his approach to investing as saying that he buys wonderful businesses at fair prices instead of fair businesses at wonderful prices. Investors should take heed and find those excellent businesses ...

Cold coffee is booming in the U.S.In 2023, Americans spent about $17.7 billion on out-of-home cold coffee including iced coffee, cold brew and frozen coffee drinks. That is more than double the $8.5 billion consumers spent in 2016, according to food service research firm Technomic. Giants like Starbucks have played a major role in iced drinks taking share from more traditional hot coffee."The way it usually works in the U.S. is that coffee trends start at the coffee shop and above all, at the big chains lik ...

Dutch Bros (BROS) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this drive-thru coffee chain operator and franchisor, should get reflected in its stock price. After all, empirical research shows a strong correlation between t ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...