Dutch Bros is growing fast. Here’s why its expansion plans matter more than its stock bump

Starbucks competitor Dutch Bros saw its stock price rise in premarket trading on Friday after the coffee chain posted double-digit revenue growth in its most recent quarter. However, shares were flat as of late morning, with the stock (NYSE: BROS) hovering at just over $50 a share. Most Read from Fast Company Perhaps even more important for the stock—and for those investors who are long on it—is the chain’s announcement that it is on track to nearly double its store footprint by 2029. Here’s what you n ...