Dutch Bros Stock Jolts Towards Record High on Surprise 75% Profit Growth

Blockhead
02-13

Dutch Bros (BROS) stock surged more than 20% early Thursday after reporting better-than-expected fourth-quarter earnings and revenue late Wednesday. The coffee shop chain reported Q4 earnings per share jumped 75% to 7 cents, while sales increased 35% to $343 million. Same-store sales increased 4.4%, well ahead of the expected 1.5% gain. Prior to Wednesday's report, analysts expected earnings of 2…

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