There was a lot to like about Dutch Bros' third-quarter earnings report.Shares of handcrafted beverages chain Dutch Bros (BROS 28.13%) are up 35% this week as of 4 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.Reporting third-quarter earnings, Dutch Bros beat analysts' expectations on both the top and bottom lines while offering improved guidance for the remainder of 2024. In addition to growing its store count and sales by 20% and 28% compared to last year, the company gene ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 10-Q ______________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Title of Each Class Trading Symbol Name of Exchange on which Registered Class A Common Stock, par value $0.00001 per share BROS The New York Stock Exchange For the Quarterly Period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ...

Dutch Bros stock hit a new 52-week high today.Shares of coffee shop chain Dutch Bros (BROS 36.75%) hit a new 52-week high today after the company reported strong third-quarter earnings. The fast-growing craft beverage maker also raised full-year 2024 guidance.Investors rallied around the report, and shares rocketed higher by nearly 40%. As of 10:52 a.m. ET, the stock held on to a gain of 38.6%. That's brought year-to-date returns of more than 50% as the stock hits its highest level in more than two years.Re ...

NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended September 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 8:00 a.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" s ...

Dutch Bros, Inc. (NYSE:BROS) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Paddy Warren - Senior Director, IR and Capital Markets Christine Barone - President & CEO Josh Guenser - CFO Conference Call Participants Dennis Geiger - UBS Patrick Johnson - Stifel Andrew Charles - TD Cowen Sara Senatore - Bank of America Merrill Lynch Gregory Francfort - Guggenheim Partners Andy Barish - Jefferies David Tarantino - Baird Nick Setyan - Wedbush Securities Rahul Kro - JPMorgan Jeff ...

Dutch Bros (BROS) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this drive-thru coffee chain operator and franchisor would post earnings of $0.13 per share when it actually produced earnings of $0.19, delivering a surprise of 46.15%.Over t ...

Exhibit 99.1 Dutch Bros Inc. Reports Third Quarter 2024 Financial Results Achieves $338 million in Revenues in Quarter, a 28% Increase Year-over-Year Completes Mobile Order Capability Rollout Raises Revenue and Adjusted EBITDA Guidance GRANTS PASS, Ore. - November 6, 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 third quarter ended Se ...

Federal Reserve Rate Cuts and Market Impact - Rate cuts stimulate consumer spending and construction activity due to lower borrowing costs [1] - Housing market demand expected to rise as mortgage rates fall [1] - IPO activity and mergers & acquisitions likely to increase due to cheaper financing costs [1] Pinterest (PINS) - Revenue grew 21% YoY to $854 million in Q2 2024, with global MAUs up 12% YoY to 522 million [2] - North America revenue increased 13% YoY, though growth slowed compared to prior quarters [2] - Pinterest's focus on visual discovery and shopping aligns with e-commerce or social media platforms seeking to expand into social commerce [3] - Potential acquisition targets for Meta (META) and Amazon (AMZN), with Amazon being Pinterest's first third-party advertising partner [4] Roku (ROKU) - Roku dominates the streaming device market with 85.5 million streaming households connected to its network [5] - Q3 2024 platform revenue reached $908 million, up 15% YoY, with ARPU at $41.10 TTM [6] - Streaming hours grew to 32 billion in Q3, up 5.3 billion hours YoY [6] - Potential suitors include Amazon (AMZN), Apple (AAPL), Google (GOOGL), and Sony (SNE) [7] Dutch Bros (BROS) - Q2 2024 revenue surged 30% YoY, with same-shop sales up 4.1% YoY [9] - Plans to open 150-165 new shops in 2024, aiming for 4,000 locations in 10-15 years [9] - Over 65% of transactions are made through the Dutch Rewards program, with AUV at $2 million [9] - Potential suitors include McDonald's (MCD), Restaurant Brands International (QSR), Starbucks (SBUX), and Luckin Coffee (LKNCY) [10][11] - Luckin Coffee's entry into the U.S. market with lower pricing could challenge Dutch Bros [11]

The high-growth coffee chain still has a bright future.Dutch Bros (BROS 0.84%) has gone through some wild swings since its IPO in September 2021. The American drive-thru coffee chain went public at $23 a share, then more than doubled to a record high of $76.25 two months later, but now trades at about $35.The bulls initially embraced Dutch Bros because it was growing rapidly and seemed destined to disrupt Starbucks. However, they retreated as the company's growth cooled off and rising rates compressed their ...

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