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Dutchbros

All articles tagged with #dutchbros

finance1 year ago

Top Stocks to Buy in the New Bull Market

The S&P 500 has surged nearly 26% in 2024, nearing record highs due to improved macroeconomic conditions, AI excitement, and potential corporate tax cuts. Despite this, some quality stocks like Dutch Bros remain undervalued. Dutch Bros, trading 30% below its peak, has seen a 68% rise this year, driven by a 28% revenue increase and plans to expand from 950 to 4,000 stores by 2035. Its unique coffee service model and expansion into new states present strong growth opportunities.

finance1 year ago

Top Stocks to Buy in the New Bull Market

The S&P 500 has surged nearly 26% in 2024, driven by improved economic conditions and AI excitement. Despite this, some stocks like Dutch Bros and Take-Two Interactive remain undervalued. Dutch Bros, a coffee chain, is expanding rapidly with plans to open 150 new stores in 2024, while Take-Two is set to release Grand Theft Auto VI, expected to be a major revenue driver. Both stocks present strong growth opportunities for investors.

business-and-finance2 years ago

"Rising Coffee Chain Brews Unique Community, Steams Toward Profitability"

Dutch Bros, an Oregon-based drive-thru coffee chain, is rapidly expanding and showing strong financial performance, with 39 new stores in Q3 2023 and a 33% revenue increase year-over-year. The company emphasizes community engagement and customer service, earning high rankings on Forbes' customer service list. Despite competition from giants like Starbucks, Dutch Bros is making significant strides with a 23.9% increase in shop count and a net income jump to $13.4 million for Q3 2023. With a goal of 4,000 shops and nearly $500 million in liquidity for growth, Dutch Bros is positioning itself as a strong contender in the coffee industry.