Why Dutch Bros Stock Is Skyrocketing Today
Core Insights - Dutch Bros stock surged by 26.8% following the release of its fourth-quarter results, which significantly exceeded market expectations [1][2] - The company reported non-GAAP earnings per share of 342.8 million, outperforming analyst targets of 318.8 million in sales [2] - Revenue for the fourth quarter increased by 34.9% year over year, with same-store sales up 6.9% and company-operated shops seeing a 9.5% growth [3] Financial Performance - For the full year, Dutch Bros closed with 982 shops and achieved a revenue of 1.555 billion and 265 million to $275 million, representing a growth of approximately 17.2% at the midpoint [6] - Same-store sales growth is anticipated to be between 2% and 4% for the year [5]