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 - 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 ...

As the Fed starts its interest rate cut cycle, many dynamic factors historically come into play. Rate cuts tend to stimulate consumer spending and construction activity since borrowing costs get cheaper. The housing market is expected to see more demand as mortgage rates fall. The IPO calendar gets more crowded. Mergers and acquisitions also grow due to cheaper financing costs. This brings to attention companies that may be potential acquisition targets. Here are three stocks that could be potential acquisi ...

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 ...

These relatively small companies have excellent growth prospects.Wall Street doesn't always get it right. Companies with excellent growth prospects can be significantly undervalued, leading to stellar returns for patient investors. What follows are two stocks that could double your money in just a few years.1. Opendoor TechnologiesOpendoor Technologies (OPEN 4.00%) is disrupting the homebuying process. Its digital platform removes the friction and hassle of buying a home, and while it has experienced growth ...

Hazelnut Truffle and Candy Cane are home for holidays with a new fave!GRANTS PASS, Ore., Nov. 1, 2024 /PRNewswire/ -- Dutch Bros is making it a season to remember with this year's holiday trio. Here to make the holidays groovy and bright, the Hazelnut Truffle Mocha, Candy Cane Mocha and Winter Shimmer Rebel are now available at all 950+ Dutch Bros locations.Experience the full interactive Multichannel News Release here: https://www.multivu.com/dutch-bros-coffee/9218057-en-dutch-bros-unwraps-2024-holiday-men ...

The U.S. restaurant industry grew at a solid pace over the past two years despite major challenges from higher borrowing and raw material costs. Higher personal income has been one of the key reasons Americans have been spending lavishly on eating out.The Commerce Department reported earlier this month that restaurant sales showed impressive growth in September, boosting overall retail sales.Given the bright outlook, investing in restaurant stocks, such as Dutch Bros Inc. (BROS) , Brinker International, Inc ...