Why Dutch Bros Stock Was Getting Burned Today
Dutch Bros(BROS) The Motley Fool·2024-08-09 02:20
The coffee chain delivered strong results, but there was one blemish. Shares of Dutch Bros (BROS -22.06%), the coffee chain known for its drive-thru business model, were taking a dive today after the company reported solid results in its second-quarter earnings. However, moderating new store growth spoiled otherwise strong results. As of 1:20 p.m. ET, the stock was up 20.8%. Dutch Bros posted strong results For the second quarter, Dutch Bros delivered healthy results, with same-store sales up 4.1% and total ...