Dutch Bros Shares Surge on This Potential Growth Driver. Is It Too Late to Buy the Stock?
Dutch Bros(BROS) The Motley Fool·2024-11-12 01:30
The coffee chain still has a long runway of growth ahead.Dutch Bros (BROS 2.67%) shares skyrocketed higher after the coffee shop operator reported better-than-expected Q3 results and increased its guidance. The stock is now up more than 40% on the year as of this writing.The question on investors' minds is, can this momentum continue, or is it too late to buy the stock? Let's take a closer look at the company's most recent earnings and long-term prospects to help answer this question.Another beat-and-raise ...