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Dutch Bros (BROS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-08 00:01
Dutch Bros (BROS) reported $324.92 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 30%. EPS of $0.19 for the same period compares to $0.13 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $317.07 million, representing a surprise of +2.48%. The company delivered an EPS surprise of +46.15%, with the consensus EPS estimate being $0.13. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Dutch Bros (BROS) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-07 22:50
Dutch Bros (BROS) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 46.15%. A quarter ago, it was expected that this drivethru coffee chain operator and franchisor would post earnings of $0.02 per share when it actually produced earnings of $0.09, delivering a surprise of 350%. Over the ...
Dutch Bros(BROS) - 2024 Q2 - Earnings Call Presentation
2024-08-07 20:47
DUTCH BROS DUTCH BROS 44175 117 Supplemental Earnings Slides Q2 2024 DISCLAIMER 12 51 90 28 2 3 11 39 97 159 251 223 35 0 141 203 217 217 217 Forward-Looking Statements. Statements in this presentation and the accompanying oral presentation that are not statements of historical fact are forward-looking statements. Such forward-looking statements include, without limitation, statements regarding the Company's future results of operations or financial condition, including guidance for 2024, business strategy ...
Dutch Bros(BROS) - 2024 Q2 - Quarterly Results
2024-08-07 20:12
Exhibit 99.1 Dutch Bros Inc. Reports Second Quarter 2024 Financial Results Achieves $325 million in Revenues in Quarter, a 30% Increase Year-over-Year 36 New Shop Openings During Quarter, Surpasses 900th Shop Milestone Raises Revenue and Adj. EBITDA Guidance GRANTS PASS, Ore. - August 7, 2024 - Dutch Bros Inc. (NYSE: BROS; "Dutch Bros" or the "Company"), one of the fastest-growing brands in the quick service beverage industry in the United States by location count, today reported financial results for the s ...
WARNER BROS. DISCOVERY REPORTS SECOND-QUARTER 2024 RESULTS
Prnewswire· 2024-08-07 20:01
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended June 30, 2024. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials. The Company will conduct a conference call today at 4:30 p.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" secti ...
Best Stock to Buy Right Now: Chipotle Mexican Grill vs. Dutch Bros
The Motley Fool· 2024-07-31 08:10
Chipotle Mexican Grill (CMG 3.14%) and Dutch Bros (BROS 0.08%) are two of the fastest-growing restaurant chains in America. Chipotle carved out its own high-growth niche between cheaper fast food chains and full-service restaurants, while Dutch Bros disrupted traditional coffee chains with its compact drive-thru shops. Both companies continued to grow even as inflation throttled consumer spending and drove up their labor and commodity costs. Chipotle's stock has rallied about 35% over the past three years, ...
Dutch Bros (BROS) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-29 23:01
Shares of the drive-thru coffee chain operator and franchisor witnessed a loss of 8.16% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 2.44% and the S&P 500's loss of 0.21%. For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.36 per share and a revenue of $1.23 billion, signifying shifts of +20% and +26.85%, respectively, from the last year. Our research shows that these estimate changes are directly correlated with near-term stoc ...
A Bull Market Is Here: 2 Magnificent Stocks Down 49% to 59% to Buy Right Now
The Motley Fool· 2024-07-27 13:41
The movements of the market are always a balance. Investors love a strong bull market, but an overvalued market makes it harder to find bargains and could lead to a correction. But even at today's prices, savvy investors can find top stock picks that could lead to wealth creation. Two Fool contributors have some great ideas for you. Macroeconomic pressures and competition from emerging rivals have led to headwinds in the U.S. market as well. In particular, the company has lost some market share in running s ...
Will Dutch Bros (BROS) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-26 17:10
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Dutch Bros (BROS) , which belongs to the Zacks Retail - Restaurants industry. This drive-thru coffee chain operator and franchisor has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 225%. For the most recent quarter, Dutch Bros was expected to post earni ...
Dutch Bros (BROS) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2024-07-26 17:01
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. As such, the Zacks rating upgrade for Dutch Bros is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, ha ...