One TD Cowen analyst believes Dutch Bros could rise 44% higher, even after a disappointing second quarter. Shares of upstart coffee and hand-crafted beverage chain Dutch Bros (BROS -2.96%) are down 23% over the last month after the company reported underwhelming earnings on Aug. 7. Now guiding to open "only" 150 stores, versus previous plans for 165 in 2024, Dutch Bros felt the wrath of the market. Following this earnings report, however, TD Cowen analyst Andrew Charles reiterated a buy rating and set a $47 ...

These rising stars can help you earn wealth-building returns. The stock market has delivered average annual returns of about 10% going back decades, which is enough to double your money every seven years. But it's not that difficult to grow your money faster with well-chosen growth stocks. To give you some ideas, three Motley Fool contributors believe On Holding (ONON -0.45%), MercadoLibre (MELI -0.93%), and Dutch Bros (BROS 0.99%) can help you achieve above-average returns. Here's why. Running past the com ...

The coffee chain still has a lot of growth potential. Shares of coffee chain Dutch Bros (BROS -1.32%) sank nearly 20% following its second-quarter earnings report as guidance disappointed investors. The decline pushed the stock into negative territory for the year. Was the sell-off an overreaction? And should investors scoop up the stock on the dip? Raised guidance not enough In the second quarter, revenue climbed 30% year over year to $324.9 million, which topped the analyst consensus by over $7 million. A ...

Although the market didn't like Dutch Bros' second-quarter earnings, four critical reasons for optimism make the company a compelling long-term buy. Upstart coffee and hand-crafted beverages chain Dutch Bros (BROS 0.46%) released its earnings report on Aug. 7. The company grew sales and adjusted earnings per share (EPS) by 30% and 46%, respectively, topping analysts' expectations. Despite these impressive results, the market sent Dutch Bros' stock down roughly 21% as the company admitted that its new store ...

bymuratdeniz/E+ via Getty Images Restaurant Stock Hammered in Q3 I gave Dutch Bro's (NYSE:BROS) stock a buy rating when I wrote about it in June. Following its Q2 earnings, the stock was down more than 25% at the opening, but the loss gradually decreased to about 20% at the close. Unfortunately, restaurant stocks have suffered greatly this quarter as a result of the 350 basis point decrease in restaurant-level margin reported by Kura Sushi (NYSE:KRUS) due to an increase in labor costs in California. The mar ...

Growing pains are normal for young growth stocks. Restaurant stocks plunged recently after reports warned that people might not be spending as much as they usually do at their favorite restaurants. But what about where they get their morning caffeine fix? Coffee chain Dutch Bros (BROS -2.42%) is down 10% over the past month and 50% from its highs. The market didn't love its most recent update, but investors should take the long view. Here's why Dutch Bros could be a top long-term buy. It's all about a great ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Dutch Bros (BROS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Dutch Bros currently has an average brokerage recommendatio ...

The company is slowing down its unit growth. Shares of Dutch Bros (BROS -19.84%) slumped 20% this week, according to data from S&P Global Market Intelligence. The upstart coffee stand chain that is undergoing rapid expansion across the country posted strong revenue growth but guided for a slowdown in future coffee shop openings in its second-quarter earnings report. As of the close on Aug. 8, 2024, the stock was down 19.2% since Friday's close. Here's why Dutch Bros stock slipped again this week. Solid sale ...

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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECU ...

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 ...